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
Jake owns a water pump. Because pumping large amounts of water is harder than pumping small amounts, the cost of producing a bot
Nastasia [14]

Answer:

Write convert() method to cast double to int Complete the convert() method that casts the parameter from a double to an integer and returns the result. Note that the main() method prints out the returned value of the convert() method.

Ex: If the double value is 19.9, then the output is: 19

Ex: If the double value is 3.1, then the output is: 3.

Explanation:

<h2>plz bhai mera answer ko brainliest kar do..</h2>
8 0
2 years ago
Leasing a car may be a better option than buying a car
AfilCa [17]
If you do t plan on having it for a long time, then you don’t have to worry about the maintenance issues and upkeep.
5 0
2 years ago
Read 2 more answers
What is the reason for putting yourself on a budget?
choli [55]

Answer:

C

Explanation:

Helps you gain control of your finances and helps you achieve goals

7 0
1 year ago
The following data are available for Cole Company. Increase in accounts payable $120,000 Increase in bonds payable 300,000 Sale
antoniya [11.8K]

Answer:

Net Cash=$390,000

Explanation:

Net Cash provided by financing activities = Increase in bond payable + Issuance of common stock - Payment of cash dividends

Net Cash= $300,000+$180,000-$90,000

Net Cash=$390,000

Net cash also refers to the amount of cash remaining after a transaction has been completed and all associated charges and deductions have been subtracted

6 0
3 years ago
Furs unlimited is using a combination of advertising and personal selling to increase the sales of its fur coats. this activity
My name is Ann [436]

Answer: C. Promotion

Explanation:

Furs unlimited needs to use the technique of marketing mix called promotion, to give more exposure to their products then get more popular that should result in a incrementation of their sales. The purpose of the promotion is also to capture the customer to obtain brand loyalty.

7 0
3 years ago
Other questions:
  • Loop 1604 Inc. has prepared a static budget at the beginning of the month. At the end of the month the following information is
    12·1 answer
  • The acacia ant nests and feeds in the plant’s hollow thorns. The ant helps protect the bullshorn acacia by attacking insects and
    10·2 answers
  • Which would be a negative externality of increased satellite usage worldwide?
    6·1 answer
  • You wish to retire in 15 years, at which time you want to have accumulated enough money to receive an annual annuity of $31,000
    6·1 answer
  • Match the types of databases to their meanings
    12·1 answer
  • Initially, when a firm hires a fourth worker, its wage rate goes from $80 a worker to $90. The marginal revenue product of the f
    10·1 answer
  • Recording Transactions Affecting Stockholders’ Equity
    7·1 answer
  • You have commissioned a local survey to see what consumers are most interested in.
    13·2 answers
  • In response to accounting scandals and the collapse of Enron at the turn of the century, the U.S. Congress passed the Sarbanes-O
    8·1 answer
  • A firm is considering moving from the United States to Mexico. The firm pays its U.S. workers $30.00 per hour. Currently, U.S. w
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!