1) In an economy, the total output of all the firms is described by Y = 8 * K^0.25 * L^0.75. For it,

The price level is P=20 and the cost of a unit of capital is R=6. There are L=10 workers in the economy.

The payments for capital, or the capital bill, amount to RK=752 in the economy.

Find the payments for wage, or wage bill, WL, in the economy.

The answer is 2258, I need assistance with how to solve and get that answer

2) In a economy, consumption is 40, public sector spending is 22, investment is 15, net exports are -3. The treasury is running a $6 budget deficit. Which fraction of their disposable income are households saving?

Enter your answer in decimals, not percents.

answer is 0.31 , I need assistance with how to solve and get that answer

3) Households receive 40 from firms in gross income. They pay a lump-sum tax of 10 on it. Their marginal propensity to consume is 0.75 and the starvation-level consumption is 6. Find the households' savings.

the answer is 1.5 I need assistance with how to solve and get that answer

3 a) How should the lump-sum income tax change to allow households to save 3?

answer is 4 I need assistance with how to solve and get that answer