For the following economy, find the equilibrium level of income.   C = 10 + 0.75Y   I = 50 – 5r   r = 25 - MS   G = 20   MS = 20   (assume price level, P = .5)

Suppose an economy is characterized by the following behavioural equations: C= 160+0.8*YD; I= 150; G= 150; T= 100; Solve for a)Equilibrium GDP (Y) b)Disposable income (YD) c)Consumption (C)

Imagine that a hypothetical economy produces three items food, clothes and Aluminum and a typical consumer buys food and clothing only. The table below shows the hypothetical results.

The following graph plots the planned expenditure line (PE) for an economy in which current equilibrium income is $400 billion and the full- employment income level is $650 billion. The graph also plots a 45 degree line on the same coordinate pair. REALEXPENDITURE (Billions of dollars) 800 700 600 500 400 300 200 100 0 0 100 200 300 400 45-degree line PE PE Full-Employment Income 500 INCOME (Billions of dollars) The economy is experiencing would require a $ 600 700 800 .The absolute value of the income gap is equal to $ billion. Closing the gap billion in government spending. Thus the value of the multiplier for this economy is On the graph, shift the PE line to show the change in the planned expenditure line necessary to close the income gap.

Consumption ($) Disposable Income ($) 1,200 3,200 2,100 4,000 3,000 4,800 Calculate the Marginal Propensity to Consume (MPC). Group of answer choices 1.125 0.6 0.3 0.9

first image is a resource for the question in the second image. Thank you so much! :)

need help with related multiple choice questions (as three sub parts can be answered)

based on the following diagram CID CIC, CIC S I 18. In autarky, the economy would be in general equilibrium at point (a) I. (b) D. (c) E. (d) F.

(b) Assume that household income increases as a result of recent economic prosperity in Country X. On your graph in part (a), show the effect of the increase in household income on real output and the price level.

Suppose you know the following facts about consumer behavior of Amy in 2019. In a year, Amy spends $10000 on basic household items regardless of how much she is earning. For every dollar of disposable income earned, Amy spends 50% on extra purchases. Amy pays taxes in the amount of $1000, and receives no transfers. Use this information to:  Derive Amy’s consumption function in nominal terms. Suppose the price level index in the economy for 2019 is estimated to be P = 2. Rewrite the consumption function in real terms.