subject
Business, 20.12.2019 21:31 lisa123465

Suppose that the behavior of households and firms in an economy is determined by the following equations c=60+0.9yd, ii = 34, g = 25, t = 10+ 0.1y, tr=80, x=30, im=20 + 0.05y
a. calculate an expression for aggregate expenditure as a function of income ( enter your answer in the form: ae = a + by). note that in an open economy: ae=c+ii + g + x - im and pay attention to the
b. calculate the equilibrium level of output ( just enter the numeric value of output).
c. calculate the level of taxes in the economy ( just enter the numeric value of taxes).
d. is the government running a budget surplus or a budget deficit? surplus . calculate its size.
e. is the economy running a trade surplus or a trade deficit? surplus . calculate its size.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:30
Witch is an example of a non durable good?
Answers: 1
question
Business, 22.06.2019 05:50
Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.
Answers: 2
question
Business, 22.06.2019 17:00
Jillian wants to plan her finances because she wants to create and maintain her tax and credit history. she also wants to chart out all of her financial transactions for the past federal fiscal year. what duration should jillian consider to calculate her finances? from (march or january )to (december or april)?
Answers: 1
question
Business, 22.06.2019 19:40
Anita has been named ceo of a popular sports apparel company. as ceo, she is tasked with setting the firm's corporate strategy. which of the following decisions is anita most likely to makea) whether to pursue a differentiation or cost leadership strategy b) which customer segments to target c) how to achieve the highest levels of customer satisfaction d) what range of products the firm should offer
Answers: 2
You know the right answer?
Suppose that the behavior of households and firms in an economy is determined by the following equat...
Questions
question
Mathematics, 29.06.2019 11:00
question
Biology, 29.06.2019 11:00
question
Mathematics, 29.06.2019 11:00