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

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