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Author Question: Income -Expenditure EquilibriumBased on the equations for C, I, G, and NX below, what is the ... (Read 44 times)

moore.cailinf

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on: Nov 23, 2022

Question 1

The Marginal Propensity to Consume and the Marginal Propensity to Save

If the consumption function is defined as C = 3500 + 0.81Y, what is the value of the marginal propensity to save (MPS)? (Round to the nearest hundredth.)
◦ -0.81
◦ -0.19
◦ 0.19
◦ 0.81

Question 2

Income -Expenditure Equilibrium

Based on the equations for C, I, G, and NX below, what is the equilibrium level of aggregate expenditure? (Round to the nearest whole dollar.)

C = 3500 + 0.85Y
I = 2800
G = 1800
NX = 300

◦ $9882
◦ $56,000
◦ $4541
◦ $8400
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by moore.cailinf on Nov 23, 2022

khudija

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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moore.cailinf

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

isabelt_18

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Reply 3 on: Yesterday
Excellent

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