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1.Use the data below to answer the question,Autonomous consumption, Autonomous investment =5,Autonomous government spending =20,Marginal prosperity to consume=0,8 ,Tax rate=20%.If the tax rate rises to
1.Use the data below to answer the question,Autonomous consumption, Autonomous investment =5,Autonomous government spending =20,Marginal prosperity to consume=0,8 ,Tax rate=20%.If the tax rate rises to 30% and government spending rises to 35,catering Paribus,what is the new equilibrium income?a)50,b)113,6 ,c)32,d)50. 2. Full employment= 3000,Autonomous consumption =100,Investment spending =150,Government spending =200,Exports=500,imports =270,c=0,8 ,t=0,20,How much must government change to reach full employment?a)-3,91 ;b)-400;c)-80;d)391;e)80. (3).Assuming an open economy with both government and foreign sector,use the following information to answer the question:Consumption spending increased from 3750 to 5700,and income increased from 5000 to 7600 in normal terms.t=0,20 ,m=0,12 ,His marginal propensity to consume is ( round to 2 decimal).a)0,75;b)0,80;c)0,25;d)0,52
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