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Planned Real GDP (Y) Consum. Planned Government Net Investment Expenditure Exports Char Aggregate Invei (C) Expenditure (1) (G) (NX) '1) (AE) 13,000 9,350 3,000
Planned Real GDP (Y) Consum. Planned Government Net Investment Expenditure Exports Char Aggregate Invei (C) Expenditure (1) (G) (NX) '1) (AE) 13,000 9,350 3,000 1,000 850 14,000 9,950 3,000 1,000 850 15,000 10,550 3,000 1,000 850 16000 11,150 3,000 1,000 850 17,000 11,750 3,000 1,000 850 18,000. 12,350 3,000 1,000 850 19,000 12,950 3,000 1,000 850 a) Calculate Planned Aggregate Expenditure (AE). b) Calculate change in inventories. c) What is the equilibrium level of real GDP? d) What is the marginal propensity to consume (MPC) e) What is the marginal propensity to save (MPS)?
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
8th edition
78025745, 978-0078025747
