Need help with thisPlease enter answer when *** is and also number 4&7
Question 12. Keynesian Model for the Closed Economy with no Government Participation. The data in this table represents a Model of the Closed Economy with no Government Participation: Output or Desired Unplanned Income Consumpti Aggregate Inventory Total Total Leakage Investmen Expenditure (Y) on (C) Change (UIC): Injections (Personal t (1 ) S (AE) Y - AE (D) Savings): S 0 576 199 775 -775 199 1.216 1.403 576 199 1.602 386 199 1.441 187 1,556 199 1,755 -314 199 1,729 1 15 1,752 190 1,951 -222 199 1,800 1,800 -23 199 1,999 199 199 2,123 0 2,020 199 2.219 -96 190 2,422 103 2,223 199 2,422 0 199 199 2,956 2,586 199 2,785 171 199 3,003 2,618 370 199 2,817 186 90 385 1) The (Personal) Consumption equation can be written as: C = **** + **** (Y). 2) The (Personal) Savings equation can be written as: S = **** + **** (Y). 3) The Aggregate Expenditures Equation can be written as: AE = **** + **** (Y). Which of the following represent conditions for households' break-even disposable income? a. Consumption = 0, and Unplanned Inventory Change = 0. b. Total Injections = Total Leakage, and Savings = Investment. c. Savings = 0, and Unplanned Inventory Change = 0. d. Consumption = Disposable Income, and Savings = 0. e. Consumption = Savings, and Unplanned Inventory Change = 0. f. Consumption = Savings, and Total Injections = Total Leakage. 5) What is the break-even disposable income (YDRF)? *** * 6) Calculate the Average Propensity to Consume (APC) at the break-even disposable income: * ** * 7) The condition for macroeconomic equilibrium can be stated as: a) Savings = 0, and Unplanned Inventory Change = 0. b) Unplanned Inventory Change = 0, and Total Injections = Total Leakage. c) Consumption = Savings, and Total Injections = Total Leakage. d) Total Injections = 0, and Total Leakage = 0 c) Output = Potential output, and Consumption = Savings. f) Consumption = Savings, and Unplanned Inventory Change = 0. 3) What is the equilibrium output (Y)? **** ) Calculate Equilibrium Consumption Expenditures (Ce): ***# 10) Calculate the Average Propensity to Consume (APC) at the equilibrium output: **** 1 1) Calculate the Expenditures Multiplier: ****