User Account

All Pages

Marginal propensity to consume

Assignment Help Business Economics
Reference no: EM132004792

Using the Keynesian cross, if autonomous consumption is $200, government spending and taxes are $300, investment is $100, net exports is $100, and the marginal propensity to consume is 0.5, find equilibrium output.

Select one:

A. $600

B. $750

C. $1,400

D. none of the above

Reference no: EM132004792

Questions Cloud

How the privacy issue is becoming more mainstay necessity : Thoughts on how the privacy issue is becoming more and more of a mainstay necessity for our society today and With so many data breaches that have occurred.
Promote economic development through tourism : How can developing countries promote economic development through tourism?
Why moving from a total catch restriction to a quota system : Use an example to illustrate an explanation of why moving from a total catch restriction to a quota system is likely to lead to better biological.
Describe the marketing campaign for the health care product : Describe the marketing campaign for the health care product or service that you selected. Assess the product or service using the four P's of marketing.
Marginal propensity to consume : Using the Keynesian cross, if autonomous consumption is $200, government spending and taxes are $300, investment is $100, net exports is $100.
United states increased retirement age : Suppose the United States increased retirement age from 65 to 67, meanwhile the Canada Pension Plan is based on a retirement age of 65.
Shortcomings of gdp as a measure of economic welfare : What are the shortcomings of GDP as a measure of economic welfare? Discuss 3 other social indicators that can be used with GDP to measure welfare.
Start of the spell of unemployment : Consider the following two proposals to reform unemployment insurance. Briefly explain the arguments for and against each reform.
Consumption and increase investment : Suppose that society decided to reduce consumption and increase investment.

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