Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

From the data provided below, answer the following questions Export $20 Import $30 Personal consumption expenditures (C) $1700 Government expenditure on goods and services (G)

From the data provided below, answer the following questions

Export

$20

Import

$30

Personal consumption expenditures (C)

$1700

Government expenditure on goods and services (G)

$1,400

Gross private investment (I)

$1200

Taxes

$400

Fractional Unemployment rate

3%

Structural Unemployment rate

2%

Cyclical unemployment rate

4%

Reserve Ratio (RR)

20%

Deposit at Banks

$800

1

1 Mark

The value of Net Export (NX) is

2

1 Mark

Is country borrowing or lending

3

1 Mark

The value of Gross Domestic Product GDP (Y) is

4

1 Mark

The size of deposit expansion multiplier is (dm)

5

1 Mark

The amount of required reserve the bank must hold is

6

1 Mark

The amount of loans the bank can give is

7

1 Mark

Total Unemployment rate (UR) is

8

1 Mark

Natural Rate of Unemployment (NRU) is

9

1 Mark

What is the value of private and households saving

10

1 Mark

What is the value of Government saving

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Human Resources In The Urban Economy

Authors: Mark Perlman

1st Edition

1317332474, 9781317332473

More Books

Students also viewed these Economics questions

Question

What are some of the benefits of being a critical thinker? (p. 231)

Answered: 1 week ago

Question

Do not come to the conclusion too quickly

Answered: 1 week ago

Question

Engage everyone in the dialogue

Answered: 1 week ago