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2 years ago

Suppose the consumption function is c = $200 + 0.85yd. if disposable income is $400, consumption is

2 answers:

8 0

Given the consumption equation of c= 200 + 0.85yd, and the disposable income of $400, then, then we would get the consumption by substituting the given to the equation:c= 200 + 0.85ydc= 200 + 0.85(400)c= 200 + 340c= 540Therefore, the consumption is $540.

pantera1 [17]2 years ago

3 0

$540 is the answer in this question. The formula of level of consumption is equal to autonomous consumption plus the disposable income multiplied by the MPC;
Disposal income = $400
MPC = .85YD
Autonomous consumption = $200

So the solution for this question is

.85 × 400 + 200 = 540.

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At December 31, 2020, Wildhorse Company has outstanding three long-term debt issues. The first is a $1,810,000 note payable whic

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Answer and Explanation:

The Preparation of note disclosure for the long-term debt is shown below:-

Note disclosure for the long-term debt

At the year end 31, December 2020

Year Amount Working note

2021 0

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3 years ago

Third national bank has reserves of $20,000 and checkable deposits of $200,000. the reserve ratio is 10 percent. households depo

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Reserves - $20,000
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Reserves Ratio - 10
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Solution:
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2 years ago

You estimate you'll need $200,000 per year for 25 years starting on your 65th birthday to live on during your retirement. Today

Rudiy27

Answer:

$66,909

Explanation:

Calculation for How much must each deposit be (rounded to the nearest $10)?

First step is to calculate the PV using financial y

N= 25

PMT= 200,000

FV= 0

i/y= 9

PV= ?

Hence,

PV= 2,141,322

Now let How much must each deposit be by finding the PMT using financial calculator

N= 15

FV= 2,141,322

PV=0

i/y= 9

PMT= ?

Hence,

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