2 answers

In a simple economy (assume there are no taxes, thus Y is disposable income). the consumption...

Question:

In a simple economy (assume there are no taxes, thus Y is disposable income). the consumption function is C = 200 +0.75Y. Inv
In a simple economy (assume there are no taxes, thus Y is disposable income). the consumption function is C = 200 +0.75Y. Investment is equal to 200. In this economy, equilibrium GDP is $ 1,600. (Round your answer to the nearest dollar) 1.) Using the point drawing tool, on the graph to the right, indicate the real GDP point that you found above. Label the point 'E. 2) Using the line drawing tool, carefully graph the consumption plus investment line. Property label your line Planned Real Consumption and investment Carefully follow the instructions above, and only draw the required objects. of 1300 100 200 2000 2000 Res GOP per Year

Answers

» C= 200+ 0.75 y I=200 Y= c+I= 200+ 0.754+ 200 = 400 +0.751 0.25 Y= nuo Y- 11600 * dI CAI =400 to 757 1600 1600

.

C= 200+ 0.80Y.

Similar Solved Questions

1 answer
Caine Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost...
Caine Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost $187,700 and has an estimated useful life of 8 years with zero salvage value. Management estimates that the new bottling machine will provide net annual cash flows of $33,000. Management also bel...
1 answer
Using the Amazon Company Describe the company’s target market. Is the company correct in their identification?...
Using the Amazon Company Describe the company’s target market. Is the company correct in their identification? What other methods could the company use to identify targets? Note: Please include the selected company URL in your discussion post. This will allow both myself and other students t...
1 answer
U(x, y) = x1ax2(1-a) a. Solve for the marshallian demands for x1 and x2, as functions...
U(x, y) = x1ax2(1-a) a. Solve for the marshallian demands for x1 and x2, as functions of p1, p2, and m. (Hint: your solutions will be equations, not numbers). b. For x1 find the own-price elasticity and income elasticity. c. Suppose a = 0.2, m = 100, p1 = 2, and p2=8, find the quantities of x1 and x...
1 answer
Could you give me an conclusion and introduction for ancient india clothing and art plz
could you give me an conclusion and introduction for ancient india clothing and art plz!!!!! plzplzplzplz!!!!!!!...
1 answer
Suppose the growth of production in Country A follows Harrod-Domar Model. Country A has 100 people(labors)...
Suppose the growth of production in Country A follows Harrod-Domar Model. Country A has 100 people(labors) in Year 1. The capital K in Year 1 is 60. The incremental capital-output ratio v = 5 and the constant savings rate s = 0.1. For Country A, what is the production per capita in Year 1?...
1 answer
Are some squares trapezoids?
Are some squares trapezoids?...
1 answer
Why does the world war II happen?
Why does the world war II happen?...
1 answer
Which of the following sets of quantum numbers is valid? n m ms 2 1 2...
Which of the following sets of quantum numbers is valid? n m ms 2 1 2 -1/2 1 -1 1 +1/2 3 1 0 +1/2 4 3 4 -1/2 2 3 -3 +1/2...
1 answer
How do you evaluate 2c+ab-3d for a=3,b=5,c=4,d=2?
How do you evaluate 2c+ab-3d for a=3,b=5,c=4,d=2?...
1 answer
Book: A Course in Enumeration. Author: Martin Aigner Chapter 1 Page:60 2.4 Let F(2)-「20 anz" with a0-0. Show that...
Book: A Course in Enumeration. Author: Martin Aigner Chapter 1 Page:60 2.4 Let F(2)-「20 anz" with a0-0. Show that F(z) has a composi- tional inverse F(-1) (2)-Ση20Pnz" with bo 0 if and only if ai + 0. , 71 2.4 Let F(2)-「20 anz" with a0-0. Show that F(z) has a co...
1 answer
Exercise 11-13 Preparing stockholders' equity section LO P1, C2, P3, C3 In Draco Corporation's first year...
Exercise 11-13 Preparing stockholders' equity section LO P1, C2, P3, C3 In Draco Corporation's first year of business, the following transactions affected its equity accounts. . . Issued 5,800 shares of $2 par value common stock for $36. It authorized 20,000 shares. Issued 1,450 shares of 12...
1 answer
1. A local FM radio station broadcasts at a frequency of 93.4 MHz. Calculate the wavelength...
1. A local FM radio station broadcasts at a frequency of 93.4 MHz. Calculate the wavelength at which it is broadcasting. Wavelength =  meter (1 MHz = 106 s -1) 2. A local AM radio station broadcasts at a frequency of 623 kHz. Calculate the wavelength at which it is broadcasting. Wavelen...
1 answer
Nichols Enterprises has an investment in 26,000 bonds of Elliott Electronics that Nichols accounts for as...
Nichols Enterprises has an investment in 26,000 bonds of Elliott Electronics that Nichols accounts for as a security available for sale. Elliott bonds are publicly traded, and The Wall Street Journal quotes a price for those bonds of $13 per bond, but Nichols believes the market has not appreciated ...
1 answer
It's urgent....please may i get the solutions in less than 2 hrs 1. Briefly outline clearly...
it's urgent....please may i get the solutions in less than 2 hrs 1. Briefly outline clearly how the anatomical features of blood vessels relate to their function. 2. Explain four ways through which the renal system contributes to homeostasis in mammals. 3. State two ways in which the lymphatic s...
1 answer
At the beginning of the year, a company predicts total overhead costs of $790,400. The company...
At the beginning of the year, a company predicts total overhead costs of $790,400. The company applies overhead using machine hours and estimates it will use 1,520 machine hours during the year. What amount of overhead should be applied to Job 65A if that job uses 25 machine hours during January?...
1 answer
Is “The Corporation” still representative of corporate culture in 2018? Are corporations really psychopathic?
Is “The Corporation” still representative of corporate culture in 2018? Are corporations really psychopathic?...