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Hello. Can you please assist on the following questions below.
Use the information below to answer the questions below.
C = 400 + 0.6Y
I = 500
Q.1 Calculate autonomous spending.
Q.2 Calculate the equilibrium level of income.
Q.3 Illustrate with the aid of a diagram the equilibrium level income
calculated in Q.2
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- Use the following information on economy X to answer the questions below.Consumption function: C = 250 + 0.8Y Investment spending: I = 150 Government spending: G = 500 Exports of goods and services: X = 200 Imports of goods and services: Z = 150 Proportional tax rate: t =25%Full employment level of income = 3575 1. Calculate the equilibrium income for the economy. 2. Calculate the change in government spending required to reach (3) full employment level of income.please assist with the following Consumption function: C = 250 + 0.8Y Investment spending: I = 150 Government spending: G = 500 Exports of goods and services: X = 200 Imports of goods and services: Z = 150 Proportional tax rate: t =25%Full employment level of income = 3575 Calculate total autonomus spending for economy X. Calculate the multiplier for economy X. Calculate the equilibrium income for the economy. Calculate the change in government spending required to reach (3) full employment level of income.Use the following information on economy X to answer the questions below.Consumption function: C = 250 + 0.8YInvestment spending: I = 150Government spending: G = 500Exports of goods and services: X = 200Imports of goods and services: Z = 150Proportional tax rate: t =25%Full employment level of income = 3575Q.4.1.4 Calculate the change in government spending required to reach full employment level of income.
- QUESTIONS GO WITH GRAPH 7. Given this diagram, what is the numerical value of the autonomous spending simple multiplier? 8. Given this diagram, if the total autonomous spending were to decrease from 25 to 15, what will b the resulting equilibrium level of income?the following information on economy X to answer the questions below.Consumption function: C = 250 + 0.8YInvestment spending: I = 150Government spending: G = 500Exports of goods and services: X = 200Imports of goods and services: Z = 150Proportional tax rate: t =25%Full employment level of income = 3575Q.4.1.1Calculate total autonomus spending for economy X.Q.4.1.2Calculate the multiplier for economy X.Q.4.1.3Calculate the equilibrium income for the economy.Q.4.1.4Calculate the change in government spending required to reach full employment level of income.You are given the following information about a closed economy with no government:Consumption = 115 + 0.6YInvestment = 550Use the above information to answer the questions that follow: Q.4.1 Calculate the value of autonomous spending. Q.4.2 Calculate the value of the multiplier. Q.4.3 Calculate the equilibrium level of income. Q.4.4 Is the equilibrium level of income also the full employment level of income? Explain your answer. Q.4.5 Identify any three non‐income determinants of consumption.
- Use the following information on economy X to answer the questions below. Consumption function: C = 250 + 0.8Y Investment spending: I = 150 Government spending: G = 500 Exports of goods and services: X = 200 Imports of goods and services: Z = 150 Proportional tax rate: t =25% Full employment level of income = 3575 Calculate the change in government spending required to reach full employment level of income.Q8. For the data in the following table, the consumption function is C = 800 + 0.6(Y – T). Fill in the columns in the table and identify the equilibrium output. Output Net Taxes Disposable Income Consumption Saving Planned Investment Government Expenditure Planned AE Unplanned Inventory change 2100 100 300 400 2600 3100 3600 4100 4600 5100Good day . can you please assist on the following Q.1 DISTINGUISH BETWEEN INCOME AND DISPOSABLE INCOME Q.2 HOW DO TAXES AFFECT THE LEVEL OF AGGREGATE AUTONOMOS SPENDING, THE MULTIPLIER AND THE EQUILIBRIUM INCOME IN THE ECONOMY?
- QUESTION 2 a. The following information is a three sector economy of a Consumption function (C) = 310 + 0.6Yd Investment multiplier (I) = 200 Government expenditure (G) = 170 Tax (T) = 180 i. Find value of autonomous consumption ii. Find marginal propensity to consume (MPC) and marginal propensity to save (MPS) iii) Using appropriate method, calculate national income equilibrium and show it in diagram.You are given the following information about a closed economy with no government:Consumption = 115 + 0.6YInvestment = 550Use the above information to answer the questions that follow:Q.4.1 Calculate the value of autonomous spending. (3)Q.4.2 Calculate the value of the multiplier. (3)Q.4.3 Calculate the equilibrium level of income. (3)Q.4.4 Is the equilibrium level of income also the full employment level of income? Explainyour answer.(3)Q.4.5 Identify any three non‐income determinants of consumption. (3)Q1:You are given the following income-expenditures model for an economy : Consumption C = 300 + .64Yd Tax (T) = $60 Government expenditure G = $100 Investment (I) = $120 From above data calculate the follows: 3. At the equilibrium level of income, what is the amount of savings? 4. Marginal Propensity of Saving (MPS)
