The table below shows aggregate expenditure in the short-run, answer the following questions in the spaces provided below Aggregate output (Y)CIGAggregate Expenditure AE0203010 1001003010 2001803010 3002603010 4003403010 5004203010 6005003010 7005803010 11 MarkWhat is the value of MPC 21 MarkWhat is the value of MPS 31 MarkWhat is the value of autonomous consumption (Ca) 41 MarkWrite the consumption function 51 MarkWhat is the amount of equilibrium consumption 61 MarkWhat is the amount of saving when Y = 200 71 MarkWhat is the amount of autonomous expenditure 81 MarkWhat is the amount of equilibrium expenditure 91 MarkWhat is the size of expenditure Multiplier 101 MarkWhat is the value of unplanned inventory when Y = 350 Note: You may copy the answer's table above and paste it with the answers in the answers box below

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The table below shows aggregate expenditure in the short-run, answer the following questions in the spaces provided below Aggregate output (Y) C I G Aggregate Expenditure AE 0 20 30 10 100 100 30 10 200 180 30 10 300 260 30 10 400 340 30 10 500 420 30 10 600 500 30 10 700 580 30 10 1 1 Mark What is the value of MPC 2 1 Mark What is the value of MPS 3 1 Mark What is the value of autonomous consumption (Ca)

The table below shows aggregate expenditure in the short-run, answer the following questions in the spaces provided below Aggregate output (Y) C I G Aggregate Expenditure AE 0 20 30 10 100 100 30 10 200 180 30 10 300 260 30 10 400 340 30 10 500 420 30 10 600 500 30 10 700 580 30 10 1 1 Mark What is the value of MPC 2 1 Mark What is the value of MPS 3 1 Mark What is the value of autonomous consumption (Ca)

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter9: Aggregate Expenditures

Section: Chapter Questions

Problem 7E

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The table below shows aggregate expenditure in the short-run, answer the following questions in the spaces provided below Aggregate output (Y) C I G Aggregate Expenditure AE 0 20 30 10 100 100 30 10 200 180 30 10 300 260 30 10 400 340 30 10 500 420 30 10 600 500 30 10 700 580 30 10 1 What is the value of MPC 2 What is the value of MPS 3 What is the value of autonomous consumption (Ca) 4 Write the consumption function 5 What is the amount of equilibrium consumption 6 What is the amount of saving when Y = 200 7 What is the amount of autonomous expenditure 8 What is the amount of equilibrium expenditure 9 What is the size of expenditure Multiplier 10 What is the value of unplanned inventory when Y = 350
Consider the data presented in the table: Actual aggregate expenditure or output Consumption Planned (Y) (C) (billions (billions of $) of $) 500 300 600 350 700 400 800 450 900 500 Unplanned Government Net investment spending exports (inventory (NX) change) investment (G) (billions (billions (billions (billions of $) of $) of $) of $) 100 -100 -50 S ol C 150 150 C 150 S 150 C 150 C 100 100 C 100 C 100 C Based on the assumptions of the aggregate expenditure model, fill in the columns for planned investment, government spending, and net exports. Instructions: Enter the values into the table above. 50 50 € 50 C 50 S 50 S a. For each level of actual aggregate expenditure, calculate unplanned inventory investment. correct. Instructions: Enter the values into the table above. If the value is negative, then be sure to enter a minus sign. b. What is the equilibrium level of aggregate expenditure in this economy? Instructions: Enter a number rounded to the nearest whole number. Answer is…
The table below shows aggregate expenditure in the short-run, answer the following questions in the spaces provided below Aggregate output (Y) Aggregate Expenditure AE C G 20 30 10 100 100 30 10 200 180 30 10 300 260 30 10 400 340 30 10 500 420 30 10 600 500 30 10 700 580 30 10 What is the value of MPC 2 What is the value of MPS 3 What is the value of autonomous consumption (Ca) 4 Write the consumption function What is the amount of equilibrium consumption 6 What is the amount of saving when Y = 200 7 What is the amount of autonomous expenditure 8 What is the amount of equilibrium expenditure 9. What is the size of expenditure Multiplier 10 What is the value of unplanned inventory when Y = 350
Calculate the missing values in the table below given that the Aggregate Consumption Function for a country is equal toC= 150 + 0.75Y and planned investment is fixed at 300. Aggregate Output (Income) (Y) Aggregate Consumption Investment (C) Unplanned Inventory Change (Y-AE) Planned Planned Aggregate Expenditure (AE) Equilibrium? (1) 1,500 300 1,800 300 2,100 300 2,400 300 2,700 300 What is likely to happen to aggregate output if the economy produces above the equilibrium level? How much is aggregate saving at the equilibrium level? Calculate the multiplier. Calculate the new equilibrium if Planned Investment increased by $50M.
3:35 PM O ll al a 59 % f H.W2.pdf Sx. The mantaly conumpthie Values for rice are Use below:- July Sept. Oct. Nov. June Aug. 28.65 7.85 13.45 21.60 24.30 14.70 Cm Cm Cm Cm Cm Determin the seasonal The consumptive use, The average montaly Consumptive use and average dzily comsumptive use, the beak monthly consumptive use.
The table below shows the total expenditure on a basket of goods and services; use this information to calculate the index number for the cost of a basket of goods and services in periods 1, 2 and 4, assuming Period 3 is the base year. Write the index numbers in order from Period 1 to Period 4. (Round to 1 decimal place. Include the index number for period 3 in your answer.) Provide your answer below: Period 1 Period 2 Period 3 Period 4 Total Expenditure $12, 240 $12,900 $13,530 $14,250 Index Number
Consider the following economy. What is the mpc in this economy? Planned Government Net Exports Aggregate Change in Real GDP (Y) Consumption (C) Investment (I') Purchases (G) (NX) Expenditures (AE) Inventories 10000 8200 800 11000 9000 600 12000 9800 13000 14000 15000 800 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 0.50 b 0.75 C 0.80 d 0.90
Explain the relationship between MPL and MC
What are the relationships between TP, MP and AP curves?
Determine which expenditure(s) are included in the 2023 Gross Domestic Product (GDP) of Harrisonville. Correct Answer(s) Drag appropriate answer(s) here $500 million in road construction by state governments of Harrisonville Press Space to open $900 million in pharmaceutical products exported from Harrisonville to Murrayville Press Space to open a home built in 1974 valued at $ 750,000 Press Space to open businesses purchase $500 million on equipment and materials to produce future output Press Space to open $80 million in Social Security payments from the government to individuals Press Space to open $250 million expenditure for coffee beans from the central highlands of Peru Press Space to open $300 million in food and clothing purchases.
Price level (GDP deflator, 2000 = 100) 130 120 110 100 90 0 1) 0.2. 2) 0.4. 3) 0.1. 9.6 4) 0.8. B AD2 A In the above figure, if the slope of the aggregate expenditure function is 0.75, to shift the aggregate demand from AD1 to AD2 the government needs to decrease its autonomous expenditure by AD₁ ADO 9.8 10.0 10.2 10.4 10.6 Real GDP (trillions of 2000 dollars)
11:04 AM ECON 122 CAT ONE.docX Phoenix Files QUESTION ONE Is it desirable for a country to have a large gross domestic product? Explain (2 marks) QUESTION TWO You are given data on the following variables in an economy Government spending 300 Planned investment Net exports Autonomous taxes Income tax rate Marginal propensity to consume 0.5 a) Consumption (C) is 600 when income (Y) is equal to 1500. Solve for autonom ous consumption (2 ma rks) ii) 200 S 50 b) Solve for the equilibrium level of output in the following two scenarios: i) There is an income tax t=0.1, Edit 0.1 250 Q Search © | 46| 472 [ 66 c) In the economy with an income tax of 10%, what is the budget balance of the government? (2 marks) O X: × There is no income tax in the economy. Denote these two variables by Yw and YN respectively. (4 marks) d) Solve for the change in net exports that would bring the equilibrium output lev el in the economy with the income tax to the level of YN that you found in part b. specify both…

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Aggregate output (Y)	C	I	G	Aggregate Expenditure AE
0	20	30	10
100	100	30	10
200	180	30	10
300	260	30	10
400	340	30	10
500	420	30	10
600	500	30	10
700	580	30	10

1	1 Mark	What is the value of MPC
2	1 Mark	What is the value of MPS
3	1 Mark	What is the value of autonomous consumption (Ca)
4	1 Mark	Write the consumption function
5	1 Mark	What is the amount of equilibrium consumption
6	1 Mark	What is the amount of saving when Y = 200
7	1 Mark	What is the amount of autonomous expenditure
8	1 Mark	What is the amount of equilibrium expenditure
9	1 Mark	What is the size of expenditure Multiplier
10	1 Mark	What is the value of unplanned inventory when Y = 350