What is real autonomous consumption

Assignment Help Microeconomics

Reference no: EM13183801

The Multiplier in a country is equal to 5, and households pay no taxes. At the current equilibrium real GDP of $14 trillion, total real consumption spending by households is $12 trillion. What is real autonomous consumption (A) in this country?

Reference no: EM13183801

Questions Cloud

Estimate the total material cost and the total manufacturing : Then the materials cost for each structure was $25,000 and the cost capacity factor is 0.65. Cost index values for 1999 and 2011 are 200 and 289 respectively. The estimated manufacturing cost for the first 1,000 square foot structure is $12,000. U..

Was the university wise to add another staff member : A university has 2 input variables, professors and staff. When it recently hired a new professor, the number of students increased by 3 per day. Then it added a new staff, and the number of students per day increased by 2. Professors cost $300,0..

How to use the is-lm-fx model : Compare and contrast the effect of an increase in Foreign interest rates on Home's economy under fixed and floating exchange rate regimes. Use the IS-LM-FX model for each case (flexible and fixed exchange rates)2)Why might a country with a fixed ex..

Is it possible to obtain two goals using only fiscal policy : Suppose that you are a government official in charge of your country's fiscal policy. The country maintains a flexible exchange rate system. You are asked by your country's citizens to use fiscal policy alone to expand the country's..

What is real autonomous consumption : The Multiplier in a country is equal to 5, and households pay no taxes. At the current equilibrium real GDP of $14 trillion, total real consumption spending by households is $12 trillion. What is real autonomous consumption (A) in this country

How do programs such as the nehemiah program : The loan office of the bank has just called Ms. Firth to mention another financing possibility-the graduated payment mortgage. Terms, interest rates, and fees are the same as a normal mortgage. However, by lowering the payments in the early years,..

Explain dilution for mountain dew soda : another part says spectra of caffeine, benzoic acid, and a mountain dew sample in 0.10 M HCl. On a graph it has the points 8.74 mg/L for benzoic acid, 1.5 dilution for mountain dew soda,

Compute the theoretical yield and percent yield : camphor was reduced by an excess of sodium borohydride to make 1.3 g of isoborneol. Calculate the theoretical yield and percent yield for this reaction.

Compute the ihd and select all the types of unsaturation : calculate the IHD and select all the types of unsaturation that might be present in the molecule based on the IHD.

User Account

All Pages