Find when planned aggregate expenditure is less

Assignment Help Econometrics
Reference no: EM13203353

The table below illustrates values for consumption spending, saving, and planned investment in a closed, private economy.

Aggregate Output Consumption Saving Planned Investment Planned Aggregate Unplanned Inventory Change Expenditure
(GDP = Y) (C) (S) (I) (AE = C + I)

430 432 -2 30 462 -32
450 448 2 30 478 -28
470 464 6 30 494 -24
490 480 10 30 510 -20
510 496 14 30 526 -16
530 512 18 30 542 -12
550 528 22 30 558 -8
570 544 26 30 574 -4
590 560 30 30 590 0
610 576 34 30 606 4

1) According to the table, the MPC is equal to what?

 

2) determine When saving equals investment.

3) find When planned aggregate expenditure is less than aggregate output.

Reference no: EM13203353

Questions Cloud

Find the standard error of each estimated coefficient : Where Qx is the quantity demanded of Product X, Px is the price of X, Y is income, and r is the prime interest rate (given in decimals, e.g., 0.02 or 0.05) The standard error of each estimated coefficient is given in parentheses below it. Also, th..
Tempature of gas affects its volume : keisha wants to measure how the tempature of gas affects its volume. Explain which variable she should change, which variable she should measure, and which variable she should hold constant during her experiment
Define the change in area in terms of a : The width is increased by 4 while the length is unchanged. Using a as the variable, express the change in area in terms of a.
Micro level to enhance its effectiveness : Describe an organizational example as to how information is managed at macro level and micro level to enhance its effectiveness.
Find when planned aggregate expenditure is less : The table below illustrates values for consumption spending, saving, and planned investment in a closed, private economy. Aggregate Output Consumption Saving Planned Investment Planned Aggregate Unplanned Inventory Change Expenditure (GDP = Y) (C) ..
Resolutions to issues presented by animal experimentation : Compare two steps that would be most effective in refining soloutions to the problem and resolutions to the issues presented by animal experimentation.
Find what time will train b catch up to train a : Trains A and Bare traveling in the same direction on parallel tracks. Train A is traveling at 60 miles per hour and train B is traveling at 64 miles per hour.
Earned value calculation : You are 4 months into a 6 month project. The project is linear, which means that the progress and spending occurs at a constant rate. Our crack project team of highly skilled associates has worked diligently and put in extra hours to keep the project..
Explain what time did begin and end trip : Before noon he averaged 60 miles per hour, and after noon he averaged 50 miles per hour. At what time did he begin his trip and when did he end it?

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

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

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

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!

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