Question
Suppose Sony plans to produce 9.9 million TVs this year. The company expects to sell 8.5 million. Suppose that at the end of the year,
Suppose Sony plans to produce 9.9 million TVs this year. The company expects to sell 8.5 million. Suppose that at the end of the year, Sony has sold 6.3 million TVs. What is the level of planned inventories? Please round to the nearest one-decimal and enter as millions. For example, if your answer was 4,500,000 you would enter the number 4.5.
62.
If disposable income increases from $1,098 to $1,255, and consumption increases from $841 to $945 as a result, what is the value of the MPS? Please round to two decimal places if needed.
If the MPC is equal to 0.71, then a $527 increase in disposable income will increase savings by what amount? Please round to two decimal places if needed and do not include a dollar sign ($) in your answer.
Potential GDP equals $400 billion. The economy is currently producing GDP equal to $450 billion. If the MPC is 0.8, then autonomous spending must change by $_______ billion for the economy to move to potential GDP? Please round to two decimal places where needed and include a negative sign (-) if it is a decrease.
If MPC in an economy is 0.83 and consumption spending increases by $1,431, what will overall GDP increase by? Please round to two decimal places where needed and do not include a dollar sign ($) in your answer.
Assume you take $556.51 from your savings account and transfer it to your checking account. How much will M2 change by? Make sure you use a negative sign if it is a decrease. Please round to two decimal places and do not include the dollar sign. For example, if your answer is $5678.977 you would enter 5678.98.
Assume you take $513.99 in cash and deposit it into your savings account. Holding all else constant, how much will M1 change by? Make sure you use a negative sign if it is a decrease. Please round to two decimal places and do not include the dollar sign. For example, if your answer is $5678.977 you would enter 5678.98.
Assume the required reserve ratio is 11%, the amount of deposits in a bank are $5,124, and the bank is holding $2,126 in reserves. What is the maximum amount of additional loans this bank can make? Please round to two decimal places and do not include the dollar sign. For example, if your answer is $5678.977 you would enter 5678.98.
If the required reserve ratio is 10% and you deposit $298 of cash into a bank, what is the maximum amount the money supply could increase by? Please round to two decimal places and do not include the dollar sign. For example, if your answer is $5678.977 you would enter 5678.98.
If the required reserve ratio is 11% and you deposit $185 of cash into a bank, what is the maximum amount the total deposits could increase by? Please round to two decimal places and do not include the dollar sign. For example, if your answer is $5678.977 you would enter 5678.98.
If the MPC is 0.8 and government purchases decreases by $4,608, holding all else constant, real GDP will change by _____ according to the multiplier effect (assuming no crowding out). Please round to 2 decimal places. Be sure to include a negative sign (-) if it is a decrease and do not include a dollar sign ($) when answering.
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