economics question

Assume that a macroeconomy is described by the following behavioral equations C= 160 + 0.6YD I= 150 G= 150 T= 100 where his the disposable income. Q: What is the income multiplier for changes in f '2 Answer: Assume that a macroeconomy is described by the following behavioral equations C= 160 + 0.6YD I= 150 G= 150 T= 100 where YD is the disposable income. Q: What is the income multiplier in T? Answer: Assume that a macroeconomy is described by the following behavioral equations C = 160+ 0.6YD I = 150 G = 150 T = 100 where YD is the disposable income. Q: What is the GDP of this economy? Answer: Assume that a macroeconomy is described by the following behavioural equations C= 160+ 0.6 YD I: 150 G: 150 T: 100 where YD is the disposable income. Q: Which of the following will change equilibrium output by a larger amount? Select one: Q a. Reducing Investment (I) by 50 billion 0 b. Cutting public spending (G) by 100 billion 0 c. All the other alternatives lead to the same change in output 0 d. Raising taxes (T) by 100 billion Select all that apply: The marginal propensity to consume represents: Select one: 0a. the ratio of total consumption to disposable income. Ob. the change in consumption caused by a one-unit change in disposable income. 0 c. the level of consumption that occurs if disposable income is zero. 0 d. total income minus total taxes 0 e. none ofthe other available alternatives is correct. Using the information in this week's content, label the following statement as true or false: Fiscal policy describes the choice of government spending and taxes and is treated as endogenous in our goods market equilibrium Select one: 0 True 0 False Assume that a macroeconomy is described by the following behavioral equations C= 200 + 0.8YD I= 120 G = 140 T= 100 where YDis the disposable income. Q: What is the income multiplier for changes in 1