Explain how each of this will affect the consumption and saving schedules (as they relate to GDP) or the investment schedule, other things equal: A sizable increase in the retirement age for collecting Social Security benefits.
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Explain how each of this will affect the consumption and saving schedules (as they relate to
- A sizable increase in the retirement age for collecting Social Security benefits.
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- Explain how each of the following will affect the consumption and saving schedules (as they relate to GDP) or the investment schedule, other things equal:a. A large increase in the value of real estate, including private houses.Explain how each of the following will affect the consumption and saving schedules (as they relate to GDP) or the investment schedule, other things equal: a) A large increase in the value of real estate, including private houses. b) A decline in the real interest rate. c) An increase in the rate of population growth. d) An increase in the Federal personal income tax.Please help with the following economic question : Explain the relationship between Investment spending and the interest rate.
- Please explain how a rise in the household saving rate can cause a fall in GDP?Explain how an increase in the interest rate can influence the level of GDP. (in 7 lines maximum). A captioned graphic illustration is requiredExplain how each of the following will affect the consumption and saving schedules (as they relate to GDP) or the investment schedule, other things equal:a. A large increase in the value of real estate, including private houses.b. A decline in the real interest rate.c. A sharp, sustained decline in stock prices.d. An increase in the rate of population growth.e. The development of a cheaper method of manufacturing computer chips.f. A sizable increase in the retirement age for collecting Social Security benefits.g. An increase in the Federal personal income tax.
- Explain why investment (I) varies more from year-to-year than consumption (C).The GDP of an economy is $1,000. We have other data as well: consumption = $600, taxes = $100, and government purchases = $200, how much is saving and investment?Write an essay discussing the determinants of national income, consumption, saving and investments, modelling the economy and the government sector
- Consider the circular flow of expenditure and income in the Canadian economy. Which of the following is an injection into the circular flow? Select one: a. You make an online purchase from a U.S. retailer. b. Loblaws pays corporate income tax to the federal government. c. Bombardier exports subway cars to Mexico. d. Bombardier imports machine parts from Germany. e. You put $500 into your TFSA (tax-free savings account).Explain how the current level of investment depends on the following factors: 1) the current level of national income; 2) the current level of the interest rate; 3) the expected net profits in future time periods; 4) the expected interest rates in future time periods; 5) the current level of profit.What are some example possible reasons for a decline in the level of potential GDP?