1. consider an economy in which autonomous consumption is 800, the marginal propensity to consume is 0.8, investment is 400, government spending is 500, taxation is 400, and net exports are 100.
a. what is the equilibrium gdp in this economy? show your work.
b. what is the savings at this level of gdp? show your work.
c. what are the spending and tax multipliers? show your work.
d. if government spending increases by 200, what is the new equilibrium gdp and what is the increase over the original equilibrium gdp? show your work.
e. if the government increases both spending and taxation by 200, what is the new equilibrium gdp and what is the increase over the original equilibrium gdp? show your work.
Answers: 1
Business, 22.06.2019 01:00, CameronVand21
The penalties for a first-time dui charge include revocation of drivers license a. 180 days b. ben 180 des and one year c. bence 90 and 180 d. one year
Answers: 2
Business, 23.06.2019 02:00, lexiemornelas
Donna and gary are involved in an automobile accident. gary initiates a lawsuit against donna by filing a complaint. if donna files a motion to dismiss, she is asserting that
Answers: 2
1. consider an economy in which autonomous consumption is 800, the marginal propensity to consume is...
Mathematics, 24.02.2020 22:31
Mathematics, 24.02.2020 22:31
Business, 24.02.2020 22:31
Health, 24.02.2020 22:31
Mathematics, 24.02.2020 22:31