Question
Suppose that the economy is characterized by the following behavioralequations: C =180+0.55 YD I =140 G =100 T =110 What is the equilibrium GDP (
- Suppose that the economy is characterized by the following behavioralequations:
C=180+0.55YD
I=140
G=100
T=110
What is the equilibrium GDP (Y)?(Round to two decimalplaces.)
What is the level of disposable income (YD)?(Round to two decimalplaces.)
What is the level of consumption spending (C)?(Round to two decimalplaces.)
- Suppose that the economy is characterized by the following behavioralequations:
C=120+0.7YD
I=150
G=150
T=100
What is the equilibrium GDP (Y)?(Round to two decimalplaces.)
What is the level of disposable income (YD)?(Round to two decimalplaces.)
What is the level of consumption spending (C)?(Round to two decimalplaces.)
- Suppose that the economy is characterized by the following behavioralequations:
C= 180 + 0.75YD
I= 160
G= 150
T= 100
Equilibrium output (Y) ? (Round your response to the nearest integer)
Total Demand (Z)? ( Round your response to the nearest integer)
Total Demand is ___________ production
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Macroeconomics
Authors: Michael Parkin
10th Edition
013485330X, 978-0134853307
