e the information in the table to answer the folowing qustiona. Al numbers are in bilions of 2012 dolarsGovermmentPurchases (G)$2.00$2.500$2.500$2.500$2.500Piannedinvestment ($1.000Net Exports(NK)Real GOP (Y)Consumption (C)$12.000$13.000$14,000$15.000$10.000$9.500$10.250$1.000-$500-$500-5500-$500-$500$1.000$1,000S11,750$1.000$12.500$1.000The equibrum level of GOP is S bilionThe MPC is (snter your reaponse to two decimal places)Suppose that net exporta increase by $200 blion. Using the multiplier formua, determine the new level of GOP.AS200 bilon increase in net exports leads to a change in spending of S bilion, so the new level of GDP wi bebillon

Given, Real GDP Consumption Planned Investment Government purchases Net…

e the information in the lable to answer the folowing queslions. All numbers are in bilons of 2012 Govemment Purchases (G) Net Eaports (NK) -5500 1500 Pianned Censumption (C) 0.500 $10.250 $11.000 $11.750 $12.500 Real GDP (Y) Investment $1.000 $1.000 $12.000 $13.000 $14.000 $15.000 $16.000 $2.500 $2.600 $1.000 $1.000 $1.000 500 -$500 500 $2.500 2.500 The equum level of GOPisbion The MPC is (enter your reponse to two decimal places) Buppose that net exports increase by $200 baion Using the multiplier formula, determine the new level of GOP AS200 billion increase in net exports leads to a change in spending of bion, so the new level of GDP wi be billon

e the information in the lable to answer the folowing queslions. All numbers are in bilons of 2012 Govemment Purchases (G) Net Eaports (NK) -5500 1500 Pianned Censumption (C) 0.500 $10.250 $11.000 $11.750 $12.500 Real GDP (Y) Investment $1.000 $1.000 $12.000 $13.000 $14.000 $15.000 $16.000 $2.500 $2.600 $1.000 $1.000 $1.000 500 -$500 500 $2.500 2.500 The equum level of GOPisbion The MPC is (enter your reponse to two decimal places) Buppose that net exports increase by $200 baion Using the multiplier formula, determine the new level of GOP AS200 billion increase in net exports leads to a change in spending of bion, so the new level of GDP wi be billon

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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