By how much has national income-y changed

Reference no: EM13244088

Assume the government cuts its purchases by $150billion. As a result, the budget deficit is reduced by $40 billion,private domestic saving decreases by $10 billion, disposablepersonal income decreases by $80 billion and the trade deficit isreduced by $15 billion. By how much has national income (Y)changed?

Reference no: EM13244088

Questions Cloud

Find e-y-barand findvar-y-bar : Suppose thatY1,Y2,Y3 is a sample of observations fromN(μ, s2) population but that Y1, Y2& Y3are not independent. In factsuppose: Cov(Y1Y2)=cov(Y2Y3)= cov(Y1Y3)=0.5s2 Let Y(y-bar)= (Y1+Y2+ Y3)/3

What is the intensity of the signal : A loudspeaker on a homecoming float - mounted on a pole -- is stuck playing at an annoying 210 Hz tone, What is the intensity of the signal at this point, What is the power of the speaker

Define most preferred to least preferred type of shock : Suppose that the economy is currently at potential output.Also suppose that you are an economic policy maker and that acollege economics student asks you to rank, if possible, your most preferred to least preferred type of shock:

What would be the effect of a 500 increase in taxes once : Suppose that the economy starts at equilibrium and the mpc = 0.8. What would be the effect of a 500 increase intaxes once all the rounds of the multiplier process are complete

By how much has national income-y changed : Assume the government cuts its purchases by $150billion. As a result, the budget deficit is reduced by $40 billion,private domestic saving decreases by $10 billion, disposablepersonal income decreases by $80 billion

What is the cars speed at the bottom of the dip : The passengers in a roller coaster car feel 50% heavier than their true weight as the car goes through a dip with a 28 m radius of curvature, What is the car's speed at the bottom of the dip

Explain study of theaters impact on surrounding community : A local drama company proposes a new neighborhood theater in SanFrancisco. Before approving the permit, the city plannercompletes a study of the theater's impact on the surrounding community.

What is the true frequency of the police siren : A police siren has a frequency of 550 Hz as the police car approaches you and a frequency of 450 Hz after it has passed you and receding, What is the true frequency of the police siren

How much labor should the firm employ : Making dresses is a labor-intensive process. Indeed, theproduction function of a dressmaking firm is well described by theequation Q = L - L2/800, where Q denotes the number ofdresses per week and L is the number of labor hours per week.

User Account

All Pages