Given the following for the economy of a country:
1. consumption function: C = 85+0.5 Yd...
Given the following for the economy of a country:
1. consumption function: C = 85+0.5 Yd
2. Investment function: I = 85
3. Gov't Expenditures: G = 60
4. Net Exports: X = 40 - 0.1Y
5. Net Taxes: T = -40 + 0.25Y
6. Disposable Income: Yd = Y-T
Solve for equilibrium income, Y.
Answers: 3
Business, 21.06.2019 16:40, anthonylemus36
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Business, 22.06.2019 02:00, mckinley2006
What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond
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Business, 22.06.2019 12:30, asseatingbandit
Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis. b)reject the null hypothesis and conclude the mean is higher than $6,000 per day. c)reject the null hypothesis and conclude the mean is lower than $6,000 per day. d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day. expert answer
Answers: 3
Business, 22.06.2019 21:00, crazylogic963
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Answers: 3