User Account

All Pages

Aggregate consumption equation

Assignment Help Business Economics
Reference no: EM132255431

Scenario: Aggregate Consumption Equation

Suppose that the aggregate consumption function is given by the equation: C = 200 + 0.8 YD, where C represents consumption and YD represents disposable income.

Reference: Ref 25-9

(Scenario: Aggregate Consumption Equation) According to the scenario Aggregate Consumption

Equation, if disposable income is $500, aggregate consumption is:

A. $600

B. $0

C.$200

D.$400

Reference no: EM132255431

Questions Cloud

Regulating a monopoly : Say you have a monopoly that provides a transportation service to a city. Total investment in infrastructure and busses amount to $65,000,000.00
What is the net? investment : Suppose that U.S. consumption spending is ?$12.1 trillion, gross private domestic investment is ?$2.3 ?trillion, government spending
How much should kashian charge for its premium car : Kashian realizes the price of a Luxury Car should be $71,500. How much should Kashian charge for its Premium Car?
People expecting this asset to be next year : The stock price is $70. How big is the "bubble" on this asset? what price are people expecting this asset to be next year?
Aggregate consumption equation : Suppose that the aggregate consumption function is given by the equation: C = 200 + 0.8 YD, where C represents consumption and YD represents disposable income.
Sources of funds for new business owners : What are the primary sources of funds for new business owners? Why is this so common?
Operational plan for capital one financial based : What is the Operational Plan for Capital One Financial based upon your research of the company?
Thought of as part of your money holdings : Suppose you always use your credit card for purchases. Your credit card limit must then be thought of as part of your money holdings.
Modern canadian fiat currency : Because it is no longer backed by the potential for conversion to gold, modern Canadian fiat currency is no longer able to serve as a form of money.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd