Assume an economy where spending for each sector is: Household: C = 800 +0.95Qd Business: I=3000 Public: G = 4,000, Tr = 7,000, Tx = 1,000 + 0.3Q Foreign X = 1,700 , Im = 200 + 0.165Q 2. Solve for autonomous spending 3. Spending Multiplier 4. Disposable Income 5. Consumption Expenditure 6. Household Saving 7. Imports 8. Net Exports 9. Government Expenditure 10. Budget Deficit
Assume an economy where spending for each sector is: Household: C = 800 +0.95Qd Business: I=3000 Public: G = 4,000, Tr = 7,000, Tx = 1,000 + 0.3Q Foreign X = 1,700 , Im = 200 + 0.165Q 2. Solve for autonomous spending 3. Spending Multiplier 4. Disposable Income 5. Consumption Expenditure 6. Household Saving 7. Imports 8. Net Exports 9. Government Expenditure 10. Budget Deficit
Chapter18: The Keynesian Model
Section: Chapter Questions
Problem 6SQ
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Assume an economy where spending for each sector is:
- Household: C = 800 +0.95Qd
- Business: I=3000
- Public: G = 4,000, Tr = 7,000, Tx = 1,000 + 0.3Q
- Foreign X = 1,700 , Im = 200 + 0.165Q
2. Solve for autonomous spending
3. Spending Multiplier
4. Disposable Income
5. Consumption Expenditure
6. Household Saving
7. Imports
8. Net Exports
9. Government Expenditure
10. Budget Deficit
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