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Y C I G X AE S MPC MPS S IM MPI100 120 20 30 10 180 -20 -20 0 300 300 20 30 -10 340 0 0.9 0.1 0 20 0.1500 480 20 30 -30 500 20 0.9 0.1 20 40 0.1700 660 20 30 -50 660 40 0.9 0.1 40 60 0.1
1. If government spending increases by $15, what is the new equilibrium level of real GDP?2. What are the equations for the consumption, net exports, and aggregate expenditures functions?
The mean annual income for people in a certain city (in thousands of dollars) is 38, with a standard deviation of 31. A pollster draws a sample of 43 people to interview. Find the 68th percentile of the sample mean.A certain car model has a mean..
Suppose the consumer has $100 to spend on consumptionnow (c1) or consumption next year (c2). Any money not spent now can be deposited in a bank account, accumulating interest at an annual rate of 10%, and then withdrawn for spending next year. The..
A depository institution holds $150 million in Required Reserve and $10 million in Excess Reserves. Its remaining assets include $440 million in Loans and $150 million in Securities. If the institution's only liabilities are transaction deposits, ..
His first year's salary is $52,000, and he expects the salary to grow 4% each year. How much will be in his account after he makes the last deposit? What uniform amount can he withdraw from the account for 25 years beginning one year after his las..
Analyze the current status on foreign exchange rate, producer price index including descriptions of current status and graphs with APA guidelines.
Use simple exponential smoothing with a=0.33 to forecast the tire sales for February through May. Assume that the forecast for January was for 22 sets of tires. Months / Auto Tire Sales Jan / 28 feb / 21 ..
In an examination of purchasing patterns of shoppers, a sample of 16 shoppers revealed that they spent, on average, $54 per hour of shopping. Based on previous years, the population standard deviation is thought to be $21 per hour of shopping.
Suppose short-run output over the next four years is +1%, 0%, -1%, and -2%. According to Okun's law, what unemployment rates would we expect to see in this economy b. Consider another economy in which the unemployment rate over the next three year..
Which auction should you choose to maximize your profit? The first-price bidders shade their bids by 20% of their evaluation of its value. The second-price bidders all utilize the optimal strategy for second price auctions stated in the textbook.
For the isocost line, clearly identify the vertical and horizontal intercepts. For the isoquant, clearly identify 5 combinations of Labor and Capital that will produce Q = 20 (including the bundle that minimizes the firm's cost of production). M..
Identify whether the variables in your model suffer from non-stationarity. Discuss the possible implication of non-stationarity for your model and how this problem could be addressed.
According to the following economic indicators, estimate the outlook of this fictitious economy. Although I know what these indicators mean,
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