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
Vaselesa [24]
2 years ago
5

You are given the following data concerning​ Freedonia, a legendary​ country: Consumption​ Function: C​ = ​+ Y ​Investment: I​ =

Aggregate Expenditure​ Function: AE​ = C​ + I ​Equilibrium: AE​ = Y Calculate the​ following: a. The level of equilibrium​ income, Y​ = nothing. ​(Enter your response as an​ integer.) b. The value of the investment multiplier​ = nothing. ​(Enter your response rounded to one decimal​ place.) c. The change in the level of equilibrium income if investment increases by 10. ​= nothing. ​(Enter your
Business
1 answer:
Grace [21]2 years ago
6 0

Answer and Explanation:

Given that

Consumption function C = 200 + 0.9Y

Investment I = 300

Aggregate expenditure  AE = C + I

Equilibrium AE = Y

Based on the above information

a. The level of equibrium income is

Y = AE = C + I

Y = 200 + 0.9Y + 300

0.1Y = 500

Y = 5000

b. The value of the investment multiplier is

= 1 ÷ (1 - MPC)

= 1 ÷ (1 - 0.9)

= 10

c. The change in the level of equilibrium income if investment increases by 10 is

Y = 200 + 0.9Y + 310

0.1Y = 510

Y = 5100

Change is

= 5,100 - 5,000

= 100

You might be interested in
The typical family on the Planet Econ consumes 10 pizzas, 7 pairs of jeans, and 20 gallons of milk. In 2016, pizzas cost $10 eac
jasenka [17]

Answer:

increase in cost of living of 9.09%

Explanation:

The cost of living for 2016 is goven as

(10 pizzas*$10) + (7 jeans * $40)+ (20 gallons of milk * $3)

= 100 + 280 + 60= $440

The cost of living from 2017 is

(10 pizzas*$14) + (7 jeans * $40)+ (20 gallons of milk * $3)

= 140 + 280 + 60

= $480

The percentage increase in cost of living between 2016 and 2017= (Cost of living in 2017/cost of living in 2016)* 100

= {480/440}* 100

= 109.09%

So there was a increase in cost of living of 9.09%

8 0
3 years ago
Which of the following are risks that Banks must prepare for select 3 answers <br><br>​
n200080 [17]

Answer:

I think one is borrowers who don't pay back

Then I think that interest rates falling is also one

These are the only ones I can think of. hope they help

7 0
2 years ago
When it comes to architectural
Lina20 [59]

Explanation:

jjkkllhgtytyuioytttyhffvnktsnbbgekmckik hhffgkokofxwtwwtuooppkjklbxcnm

6 0
2 years ago
A. sound tracker company retires its delivery equipment, which cost $41,000. accumulated depreciation is also $41,000 on this de
guapka [62]
The amount of the salvage may be calculated using various equations. We are given that the sound tracker is retired about some time and this was initially bought at $41,000. However, we are given that the accumulated depreciation is also equal to $41,000. 

Since the initial payment is similar to the accumulated depreciation hence, the salvage value is zero. 
7 0
3 years ago
At Cost At Retail Inventory, February 1, 2020 $89,550 $99,500 Markdowns 35,000 Markups 63,500 Markdown cancellations 20,500 Mark
Taya2010 [7]

Answer:

$73570

Explanation:

See attached file

8 0
2 years ago
Other questions:
  • Next-generation enterprise suites use ________ and soa to link to systems of customers and suppliers.
    12·1 answer
  • 1. Peter applied for a job at an accounting firm and a consulting firm. He knows that 50% of similarly qualified applicants rece
    13·1 answer
  • In the chapter, we used Rosengarten Corporation to demonstrate how to calculate EFN. The ROE for Rosengarten is about 7.3 percen
    5·1 answer
  • Review the steps in the accounting cycle and answer the following​ questions:
    9·1 answer
  • ABC uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retai
    13·1 answer
  • The future of work is characterized by (choose all that apply):
    11·1 answer
  • "The next dividend payment by Savitz, Inc., will be $1.60 per share. The dividends are anticipated to maintain a growth rate of
    6·1 answer
  • PLEASE ANSWER THESE IT WOULD BE A HUGE HELP
    15·1 answer
  • The following transactions were completed by the company.
    14·1 answer
  • An analyst obtains a market quote for the two-year forward rate two years from now. to derive the next point on a theoretical an
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!