Question
Using the following data, calculate private savings for a closed economy. Please round to 1 decimal place. Y = 14 C = 6.2 1
Using the following data, calculate private savings for a closed economy. Please round to 1 decimal place. Y = 14 C = 6.2 1 = 2.4 TR = 1.3 T = 2.7 Question 41 5 pts Suppose Google plans to produce 10 million Pixel phones this year. The company expects to sell 7.5 million. Suppose that at the end of the year, Google has sold 7 million Pixels. What is the level of actual 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. Question 42 5 pts Suppose that autonomous consumption is 2,390, government purchases are 589, taxes are 0, planned investment spending is 669, net exports are 105, and the MPC is 0.58. What is the value of autonomous spending? Round your answer to the closest 2 decimal places if needed. Do not enter dollar signs ($) in your answer.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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