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The economy of Stranglethorn has the following parameters: Autonomous desired consumption expenditures are $450. Marginal propensity to consume out of disposable income is 0.80. Net
The economy of Stranglethorn has the following parameters: Autonomous desired consumption expenditures are $450. Marginal propensity to consume out of disposable income is 0.80. Net tax rate of national income is 10%. Autonomous desired investment expenditures are $150. Autonomous government purchases are $250. Autonomous export expenditures are $100. Marginal propensity to import is 0.15. The level of desired autonomous aggregate expenditures in this economy is $ :|. (Round your response to the nearest dollar.) The economy of Stranglethorn has the following features: Autonomous desired consumption expenditures are $600. Marginal propensity to consume out of disposable income is 0.80. Net tax rate of national income is 10%. Autonomous desired investment expenditures are $200. Autonomous government purchases are $400. Autonomous export expenditures are $200. Marginal propensity to import is 0.20. The desired aggregate expenditure function in Stranglethorn can be written as: AE = (Round your response for the slope term to two decimal places and for the intercept term to the nearest whole number.) xY The economy of Sunrise Island has the following features: ' xed price level ' no foreign trade ' autonomous desired investment (I) of $20 billion ' autonomous government purchases (G) of $30 billion ' autonomous desired consumption (c) of $10 billion ' marginal propensity to consume out of disposable income of 0.90 ' net tax rate of 0.40 of national income a. Write an equation expressing consumption as a function of disposable income. Write the constant values in billions of dollars. C=D+DYD (Round your response for the intercept to the nearest whole number, and round your response for the slope to two decimal places.) The economy of Sunrise Island has the following features: ' xed price level - no foreign trade ' autonomous desired investment (I) of $20 billion ' autonomous government purchases (G) of $30 billion ' autonomous desired consumption (c) of $10 billion - marginal propensity to consume out of disposable income of 0.90 ' net tax rate of 0.40 of national income a. Write an equation expressing consumption as a function of disposable income. Write the constant values in billions of dollars. C=D+DYD (Round your response for the intercept to the nearest whole number, and round your response for the slope to two decimal places.) The diagram to the right shows desired aggregate expenditure for the economy of Sunset Island. The AE curve assumes a net tax rate (t) of 10 percent, a marginal propensity to consume of 0.75, autonomous exports of $100 billion, and a Aggregate Expenditure and Equilibrium marginal propensity to import (m) of 20 percent. 1,500- 1,400- 45 line a. What is the level of desired investment expenditure (1)? 1,300- AE 1,200- The level of desired investment expenditure is $ billion. (Round your response to the nearest whole number.) 1, 100- 1,000- 900 - 800- Desired Aggregate Expenditures ($ billions) 700 600 500 |+ G 400 300- 200- 100- . . . . . 0 200 400 600 800 1,000 1,200 1,400 National Income ($ billions)
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