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aalyn [17]
3 years ago
15

Suppose an economy is depicted by the expenditure function provided​ below: C​ + G​ + I​ + X​ = ​$300 ​+ 0.80timesY ​+ ​$350 ​+

​$275 ​+ ​$75 All figures are in billions of dollars. Assume there are no taxes in this nation so disposable income Yd​ = Y. The economy reaches an equilibrium at ​$ nothing billion. ​(Enter your answer as a whole​ number)
Business
1 answer:
4vir4ik [10]3 years ago
5 0

Answer:

$5,000  billion

Explanation:

The computation of the equilibrium at ​economy reaches is

We know that

Y = C​ + G​ + I​ + X​

where

Y = GDP

C = Consumption

G = Government spending

I = Investment

X = Net exports

Now placing the values

Y = $300 ​+ 0.80Y ​+ ​$350 ​+ ​$275 ​+ ​$75

Y - 0.80Y = $1,000

0.20Y = $1,000

So, the Y equal to

= $1,000 ÷ 0.20

= $5,000 billion

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Sarbanes-Oxley Act of 2002.

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6 0
3 years ago
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4 0
3 years ago
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Suppose you invest $1000 at an interest rate of 6%, compounded annually. Calculate the equivalent interest rate under continuous
Vikki [24]

Answer:

The equivalent interest rate under continuous compounding is 5.8%

Explanation:

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A = P(1+r)^n

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r = 6% = 0.06

n = 1 year

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Continuous compounding

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8 0
3 years ago
Some firms will​ ______ the​ market, and the market supply curve will shift​ ______.
torisob [31]

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3 0
3 years ago
The cost of merchandise sold during the year was $45,000. Merchandise inventories were $13,500 and $10,500 at the beginning and
GenaCL600 [577]

Answer:

cash payments for merchandise total is $44,000

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4 0
3 years ago
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