Given : C = C + I + G + NX. C = 350 +0,80 Yd. I = 55. G = 46. To=45. Export = 50. Import=20 Questions : a. Ye (equilibrium of national income)? b. if national income in the end of the year is Ye = 2180 calculate how much increase in G? c. If Ye = 2150 calculate I intended/planned, I unplanned/unintended and I realize? d. if T increase into 50, calculate Ye, delta Y

Given : C = C + I + G + NX. C = 350 +0,80 Yd. I = 55. G = 46. To=45. Export = 50. Import=20 Questions : a. Ye (equilibrium of national income)? b. if national income in the end of the year is Ye = 2180 calculate how much increase in G? c. If Ye = 2150 calculate I intended/planned, I unplanned/unintended and I realize? d. if T increase into 50, calculate Ye, delta Y

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter9: An Introduction To Basic Macroeconomic Markets

Section: Chapter Questions

Problem 13CQ

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Malaysia GDP to rebound up to 7.5% in 2021, central bank predicts The Malaysian economy is expected to grow between 6% and 7.5% this year, the central bank said on Wednesday, with COVID-19 vaccinations and stronger external demand driving a recovery from the 5.6% contraction for 2020. Central bank Governor Nor Shamsiah Yunus said growth this year would also be underpinned by higher private and public expenditures, while an accelerating immunization campaign will improve confidence. "The Malaysian economy is projected to rebound in 2021, with the gross domestic product achieving pre-COVID-19 levels by mid-2021,". The new full-year estimate leaves slightly more room at the low end, compared with a previous forecast of 6.5% to 7.5% expansion. "In our forecast, we assume that herd immunity will only be achieved in the first quarter of 2022," Nor Shamsiah explained. She also said the bank considered that Malaysia's international borders could remain largely closed for the entire year, but…