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sveta [45]
3 years ago
5

An equation for aggregate expenditure is: ae = $3600 0.8y, in equilibrium, income 'y' = aggregate expenditure 'ae'. solve for y.

Business
2 answers:
lys-0071 [83]3 years ago
8 0
In equilibrium : Y = AE 

<span>Y = $3,600 - 0.8Y 
</span><span>Y + 0.8Y = $3600</span>
<span>1.8Y = $3,600 
</span>Y = $3,600/1.8
Y = $2,000
algol133 years ago
3 0

Answer: $2000

Explanation: Aggregate expenditure is best defined as a measure of national income. It is employed in determining the total value of economic activities in the nation which is also known as the Gross domestic product (GDP) of that nation (measure of the economic production of a nation in financial capital terms over a specific period of time). In addition to this, it determines in entirety the total amount that companies and households apportion to spend on goods and services at every level of income.

If at equilibrium Y = AE,

Where AE = $3600 - 0.8Y,

Then Y = $3600 - 0.8Y

Collecting like terms together,

Y + 0.8 Y = $3600

1.8 Y = $3600

Y = $3600/1.8 = $2000.

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This indicates that there is a markup on marginal cost in the market for shirts. True False

Explanation:

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kkurt [141]
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8 0
3 years ago
Personal, payroll, medical, and operational are all what types of information
Zolol [24]
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hope this helps
8 0
3 years ago
Read 2 more answers
sales of $1.67 million, cost of goods sold of $810,800, depreciation expenses of $175,000, and interest expenses of $89,575. Ass
Hunter-Best [27]

Answer:

Net income= 561,506.25

Explanation:

Giving the following information:

sales of $1.67 million, cost of goods sold of $810,800, depreciation expenses of $175,000, and interest expenses of $89,575.

Tax= 35 percent

We need to determine the net income.

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COGS= (810,800)

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Depresiation= (175,000)

Interest= (89,575)

EBT= 594,625

Tax= (594,625*0.35)= (208,118.75)

Depreciation= 175,000

Net income= 561,506.25

5 0
3 years ago
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