What is equilibrium level of income if investment increases

Reference no: EM13242850

If the current level of output is 800 million, the marginal propensity to consume is 0.8 and taxes are unrelated to income, what is the new equilibrium level of income if investment increases by 15 million?

Reference no: EM13242850

Questions Cloud

Developing and integrating a set of standard control process : Developing and integrating a set of standard control processes for both planning and execution will raise success rates.

African countries which escaped colonization : What are the two african countries which escaped colonization? explain why and how they succeeded?

Compute the spacetime interval s between the events : Frames S and S' are moving relative to each other along the x and x' axes. They set their clocks to t = t' = 0 when their origins coincide, Compute the spacetime interval ?s between the events

With marginal propensity to save what is equilibrium output : Government purchases and taxes are Php 600 and Php 400, respectively in millions. Investment equals Php 500 million. The autonomous part of consumption is Php 800 million. With marginal propensity to save at 0.20, what is equilibrium output

What is equilibrium level of income if investment increases : If the current level of output is 800 million, the marginal propensity to consume is 0.8 and taxes are unrelated to income, what is the new equilibrium level of income if investment increases by 15 million

How did africans resist european colonization of their lands : How did africans resist european colonization of their lands? give examples of african nations that successfully resisted the intial european scramble for africa, and explain why and for how long those nations were able to maintain their political in..

Explain the process of mind mapping : 1.Explain the process of mind mapping. Mind mapping begins with a project name. Develop a "project name" and potential deliverables to go along with the core "project." Report the project name and the potential deliverables.

Write a paper on recycle paper : Write a paper on Recycle Paper , here you summarize your report very briefly, noting the main points of the data. The conclusion of the report should answer what you said you wanted to accomplish in your problem statement. Write any possible re..

How to test the investors concern at level of significance : A sample of 48 warehouses that are for sale across the U.S. is taken, and the mean price per square foot is $31.67, with a sample standard deviation of $1.29. Test the investor's concern at a 5% level of significance.

User Account

All Pages