23) If the marginal propensity to consume (MPC) is 0.8 and if government spending (G) rises by $50 while investment (1) falls by $20 by how much will equilibrium income rise? (Jika kecenderungan mengguna sut (MPC) adalah 0.8 dan jika perbelanjaan kerajaan (G) meningkat sebanyak $50 manakala pelaburan (1) jatuh $20, berapakah kenaikan pendapatan keseimbangan meningkat?)
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- The cost of rebuilding the Philippines after typhoon Haiyan could reach USD 5.8bn”, a senior official has said. Assume the government of Australia Department of Foreign Affairs and Trade provided a grant of USD 5.8 billion. Also assume that despite the hardships the Philippine families experienced, 15% was the beneficiary savings from the Australian grant. Further, assume all other factors remain constant.a. Calculate the total effect of the spending multiplier of the Australian government grant on the Philippine economy GDP growth. b. Examine the overall multiplier effect of the USD5.8 billion grant on the Philippine economy. Answer asap n correctly with proper typed explanationConsider an economy where the marginal propensity to save is 0.15; the marginal propensity to import is 0.05 and the marginal propensity to tax is 0.2. If there is an increase in government spending of $150 million, by how much would national income increase? (a) National income would increase by $350 million (b) National income would increase by $375 million (c) National income would increase by $210 million (d) National income would increase by $240 millionQ (C ) . Suppose that economists observe than an increase in government spending of $6 billion raises total demand for goods and services by $16 billion. (a) If these economists ignore the possibility of crowding out, what would they estimate the marginal propensity to consume (MPC) to be? (b) Now suppose the economists allow for crowding out. Would their new estimate of the MPC be larger or smaller than the initial level? Explain your answer.
- What is the 'mpc' ? a) 1/3 b) 1/2 c) 2/3 d) 4 e) 3/4Assume that a nation's marginal propensity to consume (MPC) is 0.75. A highiy productive, cost-cutting technology is developed for the production of commercial airplanes. The total industry expenditure in this nation is $100 million for the immediate acquisition and adoption of this technology. (a) For this nation, identify and explain how much this spending on new technology will change each of the following in the first round: i. Income (GDP) L. Saving i. Consumption (b) Assuming a closed economy and no leakages, identify and explain how much this spending on new technology will change each of the following at the end of the final round: i. Income (GDP) ii. Saving li. ConsumptionChoose the correct answer: . If consumption is $25,000 when income is $26,000, and consumption increases to $25,900 when income increases to $28,000, the marginal propensity to consume is: 0,59. (B) 0.65. (C) 0.55. (D) 0.45. 2) Suppose consumption is $10,000 when income is $9,000 and the marginal propensity to save equals 0.1. When income increases to $9,500, consumption will be: $8,500. (B) $10,450. (C) $10,500. (D) $10,050.
- What is the spending multiplier for the north laurisian economy15. If government's spending increases by 60 and marginal propensity to consume is 0.8, how will the increase in equilibrium income be? 65 b) 300 90 d) 250Q.1.6 Given the import function, Z = 300 + 2/3Y, which of the following statements iscorrect?(2)(a) The marginal propensity to save is 1/3;(b) The induced component is 300;(c) 2/3 is the proportion of any income spent on imports;(d) None of the statements is correct.
- As you can see from the graph below, since the CHIPS Act was passed, construction spending in the computer/electronics industry has increased by about $100 billion at an annualized rate. Suppose the increase is exactly $100 billion and the MPC-5, then we would expect FIN US Manufacturing Construction Spending CompuManfang Make Up More Than 50% of Manufacturing ( Computer Electronic/Electrical Chemical Food Beverage Tobacco Transportation Equipment Nonmetalic Minal Plastic Rubber Fabricated Metal Other the AD curve to shift to the left by $100 the AD curve to shift to the right by $100 billion. the AD curve to shift to the right by $50 billion. the AD curve to shift to the right by $200 billion.Which of the following would be an appropriate fiscal policy to close a recessionary gap of $100 billion assuming an MPC of 0.80? (A) Increase government expenditures by $20 billion. (B) Decrease government expenditures by $100 billion. (C) Decrease personal income taxes by $20 billion. (D) Increase personal income taxes by $20 billion. (E) Purchase $20 billion in government securities in the open market.At the equilibrium level of GDP in the table below, injections equal to? Leave your answer in RM trillion. * (trillions of Ringgit) Planned Real GDP Taxes (Y) (NT) (Y- NT) Disposable Income Planned sumption Saving Investment Purchases (1) Con- Government Aggregate Expenditures (X-M) C+1+G+(X-M) Net Net Exports (C) (S) (G) 5.0 1.0 4.0 3.9 0.1 1.0 1.0 -0.7 5.2 5.5 1.0 4.5 4.3 0.2 1.0 1.0 -0.7 5.6 6.0 1.0 5.0 4.7 0.3 1.0 1.0 -0.7 6.0 6.5 1.0 5.5 5.1 0.4 1.0 1.0 -0.7 6.4 7.0 1.0 6.0 5.5 0.5 1.0 1.0 -0.7 6.8 Your answer