Assume an economy where spending for each sector is: Household: C = 800 + 0.95Q Business: I = 3000 Public: G = 4000, Tr = 7000, Tx = 1000 + 0.3Q Foreign: X = 1700, Im = 200 + 0.165Q https://www.bartleby.com/questions-and-answers/assume-an-economy-where-spending-for-each-sector-is-household-c-800-0.95q-business-i-3000-public-g-4/849c5d9a-4bb7-48c4-8b89-ccc576cdc909 https://www.bartleby.com/questions-and-answers/assume-an-economy-where-spending-for-each-sector-is-household-c-800-0.95q-business-i-3000-public-g-4/044236d2-77e3-4fd5-af05-6b44169c63c0 a) Solve for Net Exports, Government Expenditure, Budget Deficit b) Continuing with the previous problem, what happens to the values in parts Autonomous Spending, Spending Multiplier, Disposable Income, Consumption Expenditure, Household Savings, Imports, Net Exports, Government Expenditure, Budget Deficit if we increase Government Purchases by 1500? Look at the link for the solutions for previous problem c) Continuing with part b(the above one), what happens if Investment Spending decreased by 500?
- Assume an economy where spending for each sector is:
Household: C = 800 + 0.95Q
Business: I = 3000
Public: G = 4000, Tr = 7000, Tx = 1000 + 0.3Q
Foreign: X = 1700, Im = 200 + 0.165Q
https://www.bartleby.com/questions-and-answers/assume-an-economy-where-spending-for-each-sector-is-household-c-800-0.95q-business-i-3000-public-g-4/849c5d9a-4bb7-48c4-8b89-ccc576cdc909
https://www.bartleby.com/questions-and-answers/assume-an-economy-where-spending-for-each-sector-is-household-c-800-0.95q-business-i-3000-public-g-4/044236d2-77e3-4fd5-af05-6b44169c63c0
a) Solve for Net Exports, Government Expenditure, Budget Deficit
b) Continuing with the previous problem, what happens to the values in parts Autonomous Spending, Spending Multiplier, Disposable Income, Consumption Expenditure, Household Savings, Imports, Net Exports, Government Expenditure, Budget Deficit if we increase Government Purchases by 1500?
Look at the link for the solutions for previous problem
c) Continuing with part b(the above one), what happens if Investment Spending decreased by 500?
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