Question

At the current level of real GDP, Saving (S) = 190 Gross Investment (Ig) = 90...

At the current level of real GDP,

Saving (S) = 190

Gross Investment (Ig) = 90

Export (X) = 280

Import (M) = 190

Gov. Spending (G) = 320

Tax (T) = 205

(a) What is the size of injections? ____________ Leakages? ____________

(b) Is GDP at its equilibrium level? Yes=1, No=2

   ____________

(c) What is the unplanned change in inventories? ____________

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The following equations describe consumption, investment, government spending, taxes, and net exports in the country of...
The following equations describe consumption, investment, government spending, taxes, and net exports in the country of Economika. Cequals=300+0.90(Yminus− T) Iequals=400 Gequals=350 Tequals=350 Xequals=100 In Economika, equilibrium GDP is equal to $___. (Round your asnwer the nearest dollar.) If real GDP in Economika is currently 9$,350 , which of the following is true? A. There will be an unplanned decreasedecrease in inventories, and real GDP will increaseincrease next period. B. There will be an unplanned decreasedecrease in inventories, and real GDP...
Which of the following is graphed as a horizontal line across levels of real GDP in...
Which of the following is graphed as a horizontal line across levels of real GDP in the aggregate expenditures model? the saving schedule the investment schedule the consumption schedule the investment demand curve The multiplier effect relates changes in the price level to changes in real GDP. the interest rate to changes in investment. disposable income to changes in consumption. spending to changes in real GDP. The multiplier can be calculated by dividing one by one minus the marginal propensity...
On Sun Island, a closed economy, the consumption function is c = 1 + 0.75(y -...
On Sun Island, a closed economy, the consumption function is c = 1 + 0.75(y - t) billions of 1992 dollars. The government of Sun Island levies taxes of $1 billion a year and buys goods and services worth $1 billion a year. Investment on Sun Island is $0.5 billion a year. 5. If investment increases by $0.25 billion a year, what is the change in real GDP? (3 points) 6. Go back to the initial equilibrium level of GDP....
If autonomous consumption is $1000, the MPC = 0.75, net taxes = $500, investment spending =...
If autonomous consumption is $1000, the MPC = 0.75, net taxes = $500, investment spending = $800, and govt purchases = $500, and NX = $0, what is equilibrium GDP? Question 1 options: $1,800 $1,925 $2,566.70 $7,200 $7,700 Question 2 (1 point) The focus of the short-run macro model is on the role of Question 2 options: spending in explaining economic fluctuations labor in explaining economic fluctuations financial markets in explaining economic fluctuations output in explaining economic fluctuations resources in...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT