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Using the consumption and saving data in the table below and assuming investment is $29 billion, what are saving and planned investment at the $410 billion level of domestic output?
possible level real domestic consumption savingsemplymnt(millions) output(bill.) (bill.) (bill.)
45 $250 $249 $ __ans92a__50 270 265 $ __ans92b__55 290 281 $ __ans92c__60 310 297 $ __ans92d__65 330 313 $ __ans92e__70 350 329 $ __ans92f__75 370 345 $ __ans92g__80 390 361 $ __ans92h__85 410 377 $ __ans92i__
What are saving and actual investment at that level?
What are saving and planned investment at the $370 billion level of domestic output?
What are the levels of saving and actual investment?
In which direction and by what amount will unplanned investment change as the economy moves from the $410 billion level of GDP to the equilibrium level of real GDP?
From the $370 billion level of real GDP to the equilibrium level of GDP?
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it also gives each economy's average annual growth rate over this period. for example, real GDP per persion in senegal was $1,776 in 1960 and actually declined to $1,571 by 2000. Senegal's average annual growth rate during this period was -0.31%
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the Advisability of which action to take depends on how the market will respond to the new product.If demand is high, then its worthwhile to make the extra investment for special facilities and equipment needed to produce the component internally.
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