ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
D, E, F please
1. Given the following table showing the level of aggregate consumer spending and disposable income in billions of dollars: AEplanned Iunplanned Iplanned 80 GDP YD 200 200 140 80 170 200 230 250 250 80 300 300 80 350 350 400 260 80 400 (3) a. Complete the columns for AEplanned and Iunplanned in the table. oiloq Insa to oqd doidW.d Liotoq os oflivrobi (3) b. What is the marginal propensity to consume? ine whether the events cuse c. What is the marginal propensity to save?es the purchasing power of househo and lend more. (3) d. What is the equation for the aggregate consumption function? (3) ad of bhe of oure o betaomolqmi nosd asd ye b. The stock market crashes. e. What is the value of the multiplier? -golof mns ono Dluow.geg aidi ssolo ol anovlni ton bib insmmsvog sd ageib lenigino sdi wanbon) men (3) e dhiw otsueulli bos nialepx Smirdiiupo oimonoood worla nodt f. What is the value of the income-expenditure equilibrium GDP (Y*)? price (3)
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Transcribed Image Text:1. Given the following table showing the level of aggregate consumer spending and disposable income in billions of dollars: AEplanned Iunplanned Iplanned 80 GDP YD 200 200 140 80 170 200 230 250 250 80 300 300 80 350 350 400 260 80 400 (3) a. Complete the columns for AEplanned and Iunplanned in the table. oiloq Insa to oqd doidW.d Liotoq os oflivrobi (3) b. What is the marginal propensity to consume? ine whether the events cuse c. What is the marginal propensity to save?es the purchasing power of househo and lend more. (3) d. What is the equation for the aggregate consumption function? (3) ad of bhe of oure o betaomolqmi nosd asd ye b. The stock market crashes. e. What is the value of the multiplier? -golof mns ono Dluow.geg aidi ssolo ol anovlni ton bib insmmsvog sd ageib lenigino sdi wanbon) men (3) e dhiw otsueulli bos nialepx Smirdiiupo oimonoood worla nodt f. What is the value of the income-expenditure equilibrium GDP (Y*)? price (3)
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