What is the equilibrium value GDP

Assignment Help Business Economics

Reference no: EM13839554

Suppose autonomous consumption is $500, government spending $1,000, panned investment is $1,250, and net exports are -$250 and the MPC is 0.8. What is the equilibrium value GDP?

Reference no: EM13839554

Questions Cloud

Consumer and business confidence and the economy : How can an event such as the terrorist attacks of September 2001 affect consumer and business confidence and the economy?

Calculate variance in turnover trend for department stores : Compute standard deviation of the mean and show in a graphical format. Calculate variance in the turnover trend (%) for department stores in 2012.Analyse the top industry group performance in each of the states

When a negative externality is present in a market : What is the main reason why a tiger is near extinction but chickens are nowhere near extinction? When a negative externality is present in a market. When we say the cost of production is $50, what is meant according to economic principles? Consumers ..

Interest rate adjusts to balance supply and demand for money : In the long run the interest rate adjusts to adjusts to balance the supply and demand for loanable funds. In the short run, the interest rate adjusts to balance the supply and demand for money. Discuss.

What is the equilibrium value GDP : Suppose autonomous consumption is $500, government spending $1,000, panned investment is $1,250, and net exports are -$250 and the MPC is 0.8. What is the equilibrium value GDP?

Role of chief executive for the firms : Introduction to the Sunpower Case: The Industry Evolution Management Flight Simulator portrays the growth and competition of firms as an industry evolves. Playing the role of chief executive for one of the firms in the industry, you make key decis..

Use the sticky wage theory of aggregate supply : Use the sticky wage theory of aggregate supply to explain what will happen to output and the price level in the long run. What role does expected price level play in the adjustment?

Supply and demand for pizza : 1. Remember the supply and demand for pizza?

Describe the process in the money market : Describe the process in the money market (demand and supply of/for money) by which the interest rate reaches its equilibrium value if it starts above equilibrium.

User Account

All Pages