Suppose that every additional four percentage points in the investment rate (I ÷ GDP) boost economic growth by one percentage point. Assume also that all investment must be financed with consumer saving. The economy is now assumed to be fully employed at ATTACHMENT IS GIVEN BELOW

If the goal is to raise the economic growth rate by 1 percent,

Instructions: Enter your responses as a whole number.

a. By how much must investment increase?
$ _ billion
b. By how much must consumption decline for this to occur?
$ _ billion

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Answerreminder advertising;

Answersocial satisfaction; (stratification)

Combining the emissions released by fossil fuel burning and  the carbon released via land use change, we get a total of 8.7 gt. since the problem states that the oceans "take up" or sequester  2.4 gt carbon  per year, we subtract that value from 8.7 gt, leaving us with 6.3 gt of carbon. since the problem states that 3.4 gt carbon dioxide emissions end up in the atmosphere, the "missing sink" of carbon takes up 2.9 gt, a value we got by subtracting the 3.4 gt amount recorded from the 6.3 gt carbon left available after the oceans sequester the carbon dioxide.