Question

# C = 3,500 + 0.5(Y - T) I = I0 = 1,000 G = G0 =...

 C = 3,500 + 0.5(Y - T) I = I0 = 1,000 G = G0 = 2,000 X = 600 IM = 400 T = T0 = 2,000 Yp = 10,000

Note: Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places.

a) Find autonomous expenditure.

Autonomous Expenditure = \$0

b) Find the multiplier.

Multiplier = 0

c) Find short-run equilibrium output.

Short-run Equilibrium Output = \$0

d) Find the output gap.

Output Gap = \$0

e) By how much would autonomous expenditure have to change to eliminate the output gap?

(Select Change) by \$0

 C = 3,500 + 0.5(Y - T) I = I0 = 1,000 G = G0 = 2,000 X = 600 IM = 400 T = T0 = 2,000 Yp = 10,000

Note: Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places.

a) Find autonomous expenditure.

Autonomous Expenditure = \$0

b) Find the multiplier.

Multiplier = 0

c) Find short-run equilibrium output.

Short-run Equilibrium Output = \$0

d) Find the output gap.

Output Gap = \$0

e) By how much would autonomous expenditure have to change to eliminate the output gap?

(Select Change) by \$0

 C = 3,500 + 0.5(Y - T) I = I0 = 1,000 G = G0 = 2,000 X = 600 IM = 400 T = T0 = 2,000 Yp = 10,000

Note: Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places.

a) Find autonomous expenditure.

Autonomous Expenditure = \$0

b) Find the multiplier.

Multiplier = 0

c) Find short-run equilibrium output.

Short-run Equilibrium Output = \$0

d) Find the output gap.

Output Gap = \$0

e) By how much would autonomous expenditure have to change to eliminate the output gap?

(Select Change) by \$0

 C = 3,500 + 0.5(Y - T) I = I0 = 1,000 G = G0 = 2,000 X = 600 IM = 400 T = T0 = 2,000 Yp = 10,000

Note: Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places.

a) Find autonomous expenditure.

Autonomous Expenditure = \$0

b) Find the multiplier.

Multiplier = 0

c) Find short-run equilibrium output.

Short-run Equilibrium Output = \$0

d) Find the output gap.

Output Gap = \$0

e) By how much would autonomous expenditure have to change to eliminate the output gap?

(Select Change) by \$0

 C = 3,500 + 0.5(Y - T) I = I0 = 1,000 G = G0 = 2,000 X = 600 IM = 400 T = T0 = 2,000 Yp = 10,000

Note: Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places.

a) Find autonomous expenditure.

Autonomous Expenditure = \$0

b) Find the multiplier.

Multiplier = 0

c) Find short-run equilibrium output.

Short-run Equilibrium Output = \$0

d) Find the output gap.

Output Gap = \$0

e) By how much would autonomous expenditure have to change to eliminate the output gap?

(Select Change) by \$0

 C = 3,500 + 0.5(Y - T) I = I0 = 1,000 G = G0 = 2,000 X = 600 IM = 400 T = T0 = 2,000 Yp = 10,000

Note: Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places.

a) Find autonomous expenditure.

Autonomous Expenditure = \$0

b) Find the multiplier.

Multiplier = 0

c) Find short-run equilibrium output.

Short-run Equilibrium Output = \$0

d) Find the output gap.

Output Gap = \$0

e) By how much would autonomous expenditure have to change to eliminate the output gap?

(Select Change) by \$0 complete answer is given in picture. Give it a thumbs up Thank you

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