2.From the graph above, complete the aggregate expenditure function from the information provided.  AE = ___ + ___Y

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Question 2: Fill in the blanks. The three different approaches to measuring the GDP are the expenditure approach, the            approach, and the                approach. The expenditure approach aggregates the spending by the four sectors of the economy: (a) the household sector, (b) the              sector, (c) the              sector, and (d) the foreign sector, to yield the total GDP. The largest spending in Canada’s aggregate GDP comes from the                sector. When using the income approach, the first step is to calculate the total national income by adding employee compensation, proprietor’s income,                       , net interest, and rental income. There are six categories of economic exchanges that are omitted from GDP calculations. One such category is government transfer payments (like unemployment insurance payment), because it represents transfers of income without new production. Another category is                 , because because they are unpaid and not…

If the price of new automobiles decreases by 5%, and the quantity of new automobiles demanded increases by 20%, then the price elasticity of demand is equal to: 1.1. 2. 0.25. 3.4. 4.0.75.

i need help with this macro econmics question 4

Need help with macroeconomic review questions! How do each of the following transactions affect Canada’s GDP? Unless otherwiseindicated, assume that each of the subsequently mentioned people resides in Canada.(d) Hitomi is a Japanese tourist who spends $50,000 on her vacation in Alberta.(e) Ichabod purchases a $12,000 semiconductor, which he uses to create a robot. He then sells the robot for $67,000.(i) Mario spends $10,000 transporting his marijuana to the cannabis shop, where hesells it for $25,000.

Given the scatter diagram in Figure 8-1, what is the MPC (your best estimate)?   a.  1     b.  2/3     c.  1/2     d.  1/3   I know the answer  of this question  answer is 2/3 but can you please give the explanation how 2/3 is the answer of the problem

paper a pen and a calculator in order to solve the fo Problem 1 The various expenditure categories within the economy are: C = 600+ 0.8Yd | - 800 G = 600 NX = 0 T = 700 Refer to problem 1. Equilibrium Real GDP is *

d. What is the value of the multiplier? e. If planned investment spending falls to $200 billion, what will be the new Y*? f. If autonomous consumer spending rises to $200 bil- lion, what will be the new Y*?

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