Reference no: EM13237921
Given the numbers:
GDP Consumption Savings Planned investment
2,800 2,900 -100 200
3,000 3,000 0 200
3,200 3,100 100 200
3,400 3,200 200 200
3,600 3,300 300 200
3,800 3,400 400 200
1. graph the information for consumption(C) and the consumption and investment(C-I) schedule. Show the equilibrium point
2. Graph the saving and investment schedules. Show the equilibrium point. What is the income,savings, and investment at equilibrium?
3. what are the average propensities to consume and save at each level of GDP?
4. Give the above information,what is the marginal propensity to consume?
|
What event could happen only in the very long run
: Rob currently earns a salary of $1,000 per week as an economics instructor. His next best career would have been an assistant manager at Pizza Hut, where he would have earned $12 per hour, and would have worked for 40 hours per week.
|
|
Explain take to neutralize the sodium hydroxide produced
: If you are given a 0.31 g piece of sodium metal to react with water, how many moles of HCl would it take to neutralize the sodium hydroxide produced
|
|
What is total employment and the competitive wage
: the quantity of labor demanded and supplied respectively, in millions of workers, and W is the hourly wage rate. (a) Suppose the labor market adjusts to competitive equilibrium. What is total employment (L) and the competitive wage (W)
|
|
Explain what are the coefficients for oh
: Balance the following redox reaction as it occurs in the basic solution. What are the coefficients for OH^- an ClO^- in the balanced equation? Cr(OH)4^- (aq) _ ClO^- (aq) arrow CrO4^2- (aq) + Cl^- (aq)
|
|
What is the income-savings and investment at equilibrium
: 1. graph the information for consumption(C) and the consumption and investment(C-I) schedule. 2. Graph the saving and investment schedules. Show the equilibrium point. What is the income,savings, and investment at equilibrium
|
|
How much can the hospital afford to pay for the device
: A certain medical device will result in a estimated $15,000 reduction in hospital labor expenses during its first year of operation. Labor expenses (and thus savings) are projected to increase at a rate of 7% per year after the first year.
|
|
Define species is resonance an important property
: For which of the following species is resonance an important property: HONO, HONO2, N3-, NO2-, NO2
|
|
How does the response change across specific industries
: A growing number of businesses' including videogame developers, cigarette companies, soft drink producers, liquor marketers, and fast food chains are feeling the heat from government, the press, and society at large for encouraging harmful
|
|
Groups consistently outperformed the best of the individuals
: In a study comparing individual performance with group performance, Laughlin, Zander, Knievel, and Tan found that groups consistently outperformed the best of the individuals.
|