User Account

All Pages

What is the amount of the patel family annual consumer

Assignment Help Macroeconomics
Reference no: EM131451128

The Patel family has a disposable income of $80,000 annually. Assume that their marginal propensity to consume is 0.8 (the Patel family spends 80% on new disposable income on consumption) and their autonomous consumption spending is equal to $10,000. What is the amount of the Patel family's annual consumer spending?

Reference no: EM131451128

Questions Cloud

Why do you think taylor did as little as he did the harasser : A black employee was subjected to a number of incidents at work, including racial epithets, threats, greasing of his truck, dead mice placed in his truck.
Proposed acquisition of computer numeric control machine : You have been asked by president by Company X to evaluate proposed acquisition of a Computer Numeric Control (CNC) machine to manufacture new type of alternator
What is the marginal propensity to consume : The relationship between income, savings, and consumption is directly related to the price level in the economy. What is the Marginal Propensity to Consume
Discuss the foundations and components of psychoanalysis : Evaluate the contributions and criticisms of psychoanalytic models to the explanation of human behavior.
What is the amount of the patel family annual consumer : The Patel family has a disposable income of $80,000 annually. What is the amount of the Patel family's annual consumer spending
Write a synthesis essay on the detection of child abuse case : write a synthesis essay on the detection and management of child abuse cases. Evidence for existing measures·
Giving reasons indicate any amounts that would be included : Giving reasons, indicate any amounts that would be included as assessable income of the following resident taxpayers for the 2016/17 tax year.
Review the case of walker v secretary of the treasury : A light-skinned black employee sued her employer alleging discrimination by her supervisor based on color.
Calculate the price of an aa-rated : Calculate the price of an AA-rated, 20-year, 8% coupon (paid annually) corporate bond (Par value = $1,000) which is expected to earn a yield to maturity of 10%.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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