Refer to the information provided in Table 8.7 below toanswer the questions that follow.Table 8.7All Figures in Billions of DollarsAggregate Output200Aggregate Consumption300Planned Investment1004004501006006001008007501001,000900100Refer to Table 8.7. Planned saving equals plannedinvestment at an aggregate output levelSelect one:a. of $800 billion.b. of $1,000 billion.c. of $600 billion.

Aggregate output Aggregate consumption Planned investment Planned savings 200 300 100 -100 400…

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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120 100 80 60 40 20 45° 20 40 60 80 100 120 Income (Billions) Refer to the above figure. If the relevant saving schedule were constructed: 1) its slope would be 1/2. 2) it would slope downward and to the right. 3) saving would be minus $20 billion at the zero level of income. 4) aggregate saving would be $60 at the $60 billion level of income. Consumption (Billions)
Question 1 Suppose the information below shows aggregate values for a hypothetical economy. Real GDP is equal to potential GDP. All figures are billions of dollars. Potential GDP Net tax revenue Government purchases = = = 950 = 125 140 Desired Investment Desired consumption (a) What is the level of private saving? (b) What is the level of public saving? (c) What is the level of national saving? (d) Is the interest rate at its equilibrium level? Provide a justification. 10 800
typing only i will giveb5 upvotte s no chatgpt
Question Tow: (Вз, D2, D4) Given the consumption, Investment, Government spending, assuming this country operates under closed economy and not dealing with the rest of the world as in the table below Y C G I 140 30 40 100 170 200 200 300 230 400 500 600 700 800 900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 Instructions: 1. Using excel, find the equilibrium consumption. 2. Show the range of income at which saving is negative and the range of income at which saving is positive. 3. Using excel, find the equilibrium expenditure. 4. Show the range of income at which unplanned inventory is negative and the range of income at which unplanned inventory is positive. 5. Using excel Show new equilibrium expenditure if autonomous investment increases by $70 at every price level.
Which of the following is NOT a determinant of the level of investment: A. Sales Outlook B. Capacity Utilization Rate C. Disposable Income D. Expected Rate of Proft
4) Distinguish between the short-run and long-run factors that affect residential investment.
1. if Personal Disposable Income is 1,000 crore and consumption expenditure is 750 crore, find out Average Propensity to Save.
21
2. Assume: Yd = $ 5000 billion %3D b = .95 a = $ 520 billion A)What is consumption (C) ? B)What are savings (S) ? C)What is APC ? D)What is APS ?
5 Output and Consumption (in millions of dollars) Real GDP (Y) Consumption (C) Gross Investment (1) Government Purchases (G) 42 28 9 Ask Net Exports (NX) Mc Graw Hill -2 What is the equilibrium level of ouput? Multiple Choice O $42 million О $28 million $84 million $14 million P
3. The meaning of saving and investment Classify each of the following based on the macroeconomic definitions of saving and investment. Saving Investment Caroline purchases new ovens for her cupcake-baking business. Antonio buys a government bond. Dmitri takes out a loan and uses it to build a new cabin in Montana. Frances purchases stock in Pherk, a pharmaceutical company.
View History Bookmarks Tools Window Help Coy, Jonnifer - Outlo X C Martin County School District X S MyPath - Home Content https://ezto.mheducation.com/ ext/map/index.html?_con%3Dcon&external_browser%3D0&launchUrl=https%25 Saved Level of Output and Income (GDP= DI) Consumption Saving APC APS MPC MPS S480. $-16 520 560 16 60 32 640 48 680 64 720 80 760 96 800 112 Des Instructions: Enter your answer as a whole number. b. What is the break-even level of income in the table? What is the term that economists use for the saving situation shown at the $480 level of income? (Click to select) Y c. For each of the following items, indicate whether the value in the table is either constant or variable as income chanc The MPS: (Click to select) The APC: (Click to select) The MPC: (Click to select) The APS: (Click to select) aw Prev 1 of 1 JAN 11 %24

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