1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
barxatty [35]
2 years ago
11

In Macroland autonomous consumption equals 100, the marginal propensity to consume equals .75, net taxes are fixed at 40, planne

d investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20. Planned Aggregate Expenditure equals ___ and the short run equilibrium output equals ___
Business
1 answer:
cluponka [151]2 years ago
5 0

Answer:

Planned Aggregate Expenditure equals <u>290 + 0.75Y</u> and the short run equilibrium output equals <u>1,160</u>.

Explanation:

Autonomous spending basically covers essential needs, e.g. housing expenses, food, clothing, etc., and is not affected by the marginal propensity to consume (MPC).

so consumption must equal: C = 100 + 0.75 (Y income - 40 taxes)

PAE = C + I + G + X = 100 + 0.75(Y - 40) + 50 + 150 + 20

PAE = 100 + 0.75Y - 30 + 50 + 150 + 20 = 290 + 0.75Y

Short run equilibrium exists when Y = PAE:

Y = 290 + 0.75Y

Y - 0.75Y = 290

0.25Y = 290

Y = 290 / 0.25 = 1,160

You might be interested in
The basic formula for the price elasticity of demand coefficient is.
Kitty [74]

Percentage change in quantity demanded/percentage change in price is the basic formula for the price elasticity of demand coefficient.

<h3 /><h3>What is price elasticity?</h3>

Price elasticity is the degree of an individual that person or a consumer can pay to the change in the price of the commodity, it is calculated the price a consumer is willing to pay versus the amount of quantity supplied to the person.

Thus, Percentage change in quantity demanded/percentage change in price

For more details about Price elasticity, click here:

brainly.com/question/13565779

#SPJ1

4 0
2 years ago
Inventory records for Dunbar Incorporated revealed the following:Date Transaction Number of units Unit CostApr. 1 Beginning inve
finlep [7]

Answer:

Explanation:

1. Calculate ending inventory        Rate per unit       Total cost

                         number of units        ($)                          ($)

Beg bal (April1)  450                         2.19                       985.50

Add:purchases  

April 20             410                            2.69                      1102.90

-----------------------------------------------------------------------------

Total goods

av for sale         860                                                          2088.40

Less: Sales:

During April       590

--------------------------------

Ending inventory 270

2. Cost of ending inventory = 270*2.19=$591.3

7 0
3 years ago
The exact indifference curves of different investors:_______
tatuchka [14]

Answer:

Option c) cannot be known with perfect certainty and, although not known with perfect certainty, do allow the advisor to create more suitable portfolios for the client.

Explanation:

The indifference curves notably cannot be calculated on a precise point but the theory does allow for the invention or creation of more suitable portfolios for investors that has dissimilar levels of risk tolerance.

An Indifference curve is commonly known as a line. The line depicts or shows combinations of goods among which a consumer is indifferent. It shows also the combinations of goods that can be are affordable. In the curve,consumer tend to not like or desire one combination of goods to another combination of goods that is shown on a curve/line.

5 0
3 years ago
In some simple models of trade, a country may choose to specialize in the production of a single good. which is not an argument
LekaFEV [45]

An argument that is not against specializing in a single good in the real world is that specialization in a single good makes dumping easier and more effective.

If a country specializes in a single good, less waste will be produced and it can be dumped easily at one place and can be used or recycled more easily than to dump several different kinds of goods as they will need different technologies and to segregate them will be a hard job to do.

Countries improve their production of the commodity in which they specialize. There are many benefits to consumers if a country does so as specialization lowers the opportunity cost of production, increasing global production and lowering prices. These reduced pricing and increased supply benefit consumers.

To learn more about specialization in single good here

brainly.com/question/19018593

#SPJ4

7 0
2 years ago
As a result of Luis putting a "stop payment" on a check that he wrote, Luis will
vodka [1.7K]

Answer:c

Explanation:

7 0
3 years ago
Other questions:
  • Annuity payout option allows the policyowner to choose a pre-determined number of benefit payments?
    15·1 answer
  • Franchisees are dependent on what for their success?
    13·1 answer
  • Suppose that 1983 is the base year for the consumer price index (cpi) and in 2014 the cpi was 220. what does this "220" mean?
    6·1 answer
  • The objective of the EOQ with quantity discounts model is to ______(A) minimize the sum of annual carrying, holding, and purchas
    13·1 answer
  • Many demographers predict that the United States will have zero population growth in the twenty-first century, in contrast to av
    6·1 answer
  • Razak's, a popular chain of fast-food restaurants in the Middle East, plans to expand its market in Asia and signs a contract wi
    9·1 answer
  • Japan's great trading houses are called:_____________.
    15·1 answer
  • A market economy is not based on _____.
    13·2 answers
  • Confused as heck need help
    5·2 answers
  • With respect to the selection tools that are used in processing applicants for a sales job:Group of answer choicesNone of these
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!