#1. GDP = 630 Investment increases by 40 Net Exports decrease by 25 Taxes increase by...
#1. GDP = 630 Investment increases by 40 Net Exports decrease by 25 Taxes increase by 90 MPC = .6 What is the new equilibrium GDP? #2. GDP = 420 Taxes increase by 70 Government spending increases by 80 Net Exports decrease by 20 Investment increases by 60 MPC = .9 What is the new equilibrium GDP? #3. GDP = 260 Net Exports increase by 25 Taxes decrease by 40 Investment increases by 15 Government spending increases by 70 MPC = .2 What is the new equilibrium GDP?
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#1. GDP = 630 Investment increases by 40 Net Exports decrease by
25 Taxes increase by...
QUESTION 16 Government Purchases Real GDP Consumption (after taxes) Gross Investment Net Exports $0 10 40...
QUESTION 16 Government Purchases Real GDP Consumption (after taxes) Gross Investment Net Exports $0 10 40 70 100 130 160 $20 0 20 40 60 80 100 $10 10 10 10 10 10 10 $+5 +5 +5 +5 +5 +5 +5 $15 15 15 15 15 15 15 Refer to the table. Equilibrium GDP is O$130. $70 O $40 O $100.
decrease in personal taxes from $100 billion to 580 billion will increase real GDP 11. If...
decrease in personal taxes from $100 billion to 580 billion will increase real GDP 11. If the MPC -0.75, a decrease in person by A) $20 billion. B) $40 billion. C) $60 billion. D) $80 billion. Table 10.1 Consumption C - $1.0+ 0.80YD Investment $1.5 Government purchases $2.2 Net exports Taxes Government transfer payments $0 (all values are in billions of dollars) 2, 12. Refer to Table 10.1. Equilibrium real GDP for this economy is equal to A) $5.75 billion....
Investment Problem: 1. Assume the MPC is 3/4, if investment spending increase by $50 billion, the...
Investment Problem: 1. Assume the MPC is 3/4, if investment spending increase by $50 billion, the level of GDP will: 2. Assume the MPC is 2/3, if investment spending decreases by $30 billion, the level of GDP will: Export Problem: 3. If the multiplier in an economy is 4, a $50 billion increase in exports will: 4. If the multiplier in an economy is 3,a $30 billion decrease in exports will: Balanced Budget Problem: 5. If the MPC is .75...
How much is national saving Consumption Spending 60 Investment Spending 30 Government Spending 20 Taxes 10 Exports of Goods and Services 40 Imports of Goods and Services 50 Net Primary Income 25...
How much is national saving Consumption Spending 60 Investment Spending 30 Government Spending 20 Taxes 10 Exports of Goods and Services 40 Imports of Goods and Services 50 Net Primary Income 25 Net Secondary Income 10
How much is national saving Consumption Spending 60 Investment Spending 30 Government Spending 20 Taxes 10 Exports of Goods and Services 40 Imports of Goods and Services 50 Net Primary Income 25 Net Secondary Income 10
The following equations describe consumption, investment, government spending, taxes, and net exports in the country of...
The following equations describe consumption, investment, government spending, taxes, and net exports in the country of Economika C = 100 +0.75(Y-T) 1 = 700 G = 450 T = 450 = 50 in Economika, equilibrium GDP is equal to (Round your aswer the nearest dollar)
The MPC for the economy is 0.6. If the government were to reduce taxes on household...
The MPC for the economy is 0.6. If the government were to reduce taxes on household income by 60 billion, consumption spending would and equilibrium GDP would Increase by 36, increase by 90. O Increase by 36, increase by 150. Decrease by 36, decrease by 90. Decrease by 36, increase by 90. Decrease by 36, decrease by 150.
QUESTION 7 1 pc Assume C 50+.80yd (disposable income); Taxes GDP (V)? (Hint: Yd = Y...
QUESTION 7 1 pc Assume C 50+.80yd (disposable income); Taxes GDP (V)? (Hint: Yd = Y - Taxes) 10; Investment - 30: Goverment - 20: Exports 16; and Imports - 20. What is the O a 200 26.400 c. 405 d. 435 QUESTION 8 From the question above, C (consumption) is equal to 360 390 O 414 OO QUESTION 9 Use the following table to find the MPC and MPS: SA NI Answ QUESTION 9 Ube the following table to...
Assume a simple model without any government or net exports. If a decrease in autonomous investment by 40 leads to a fin...
Assume a simple model without any government or net exports. If a decrease in autonomous investment by 40 leads to a final decrease in GDP by 160, then the marginal propensity to save is _________. Show your calculations.
(1) Calculate the government spending multiplier if, an increase in government spending by $5 million increases...
(1) Calculate the government spending multiplier if, an increase in government spending by $5 million increases real GDP by $20 million. Group of answer choices 0.20 0.25 2 5 4 (2) A major benefit of automatic stabilizers is that they: Group of answer choices guarantee a balanced budget over the course of the business cycle. have a tendency to reduce the national debt. moderate the effect of fluctuations in the business cycle. require legislative review by Congress before they can...
22. Why is the multiplier for a change in taxes smaller than for a change in spendi...
22. Why is the multiplier for a change in taxes smaller than for a change in spending? a. A change in taxes has no effect on aggregate demand, only on aggregate supply. b. A change in taxes directly affects government spending as well, lowering the multiplier. c. A change in taxes affects spending directly, but at a slower rate than spending does. d. A change in taxes affects disposable income and then consumption rather than spending directly....
QUESTION 16 Government Purchases Real GDP Consumption (after taxes) Gross Investment Net Exports $0 10 40 70 100 130 160 $20 0 20 40 60 80 100 $10 10 10 10 10 10 10 $+5 +5 +5 +5 +5 +5 +5 $15 15 15 15 15 15 15 Refer to the table. Equilibrium GDP is O$130. $70 O $40 O $100.
decrease in personal taxes from $100 billion to 580 billion will increase real GDP 11. If the MPC -0.75, a decrease in person by A) $20 billion. B) $40 billion. C) $60 billion. D) $80 billion. Table 10.1 Consumption C - $1.0+ 0.80YD Investment $1.5 Government purchases $2.2 Net exports Taxes Government transfer payments $0 (all values are in billions of dollars) 2, 12. Refer to Table 10.1. Equilibrium real GDP for this economy is equal to A) $5.75 billion....
How much is national saving Consumption Spending 60 Investment Spending 30 Government Spending 20 Taxes 10 Exports of Goods and Services 40 Imports of Goods and Services 50 Net Primary Income 25 Net Secondary Income 10
How much is national saving Consumption Spending 60 Investment Spending 30 Government Spending 20 Taxes 10 Exports of Goods and Services 40 Imports of Goods and Services 50 Net Primary Income 25 Net Secondary Income 10
The following equations describe consumption, investment, government spending, taxes, and net exports in the country of Economika C = 100 +0.75(Y-T) 1 = 700 G = 450 T = 450 = 50 in Economika, equilibrium GDP is equal to (Round your aswer the nearest dollar)
The MPC for the economy is 0.6. If the government were to reduce taxes on household income by 60 billion, consumption spending would and equilibrium GDP would Increase by 36, increase by 90. O Increase by 36, increase by 150. Decrease by 36, decrease by 90. Decrease by 36, increase by 90. Decrease by 36, decrease by 150.
QUESTION 7 1 pc Assume C 50+.80yd (disposable income); Taxes GDP (V)? (Hint: Yd = Y - Taxes) 10; Investment - 30: Goverment - 20: Exports 16; and Imports - 20. What is the O a 200 26.400 c. 405 d. 435 QUESTION 8 From the question above, C (consumption) is equal to 360 390 O 414 OO QUESTION 9 Use the following table to find the MPC and MPS: SA NI Answ QUESTION 9 Ube the following table to...
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