QUESTION 28 Brazil has net capital outflow of $2,000, government purchases of $4,000 and consumption of $15,000. Which of the following is correct? If its domestic investment is $0, its GDP is $21,000. If its domestic investment is $500, its GDP is $21,500. а. b. If its domestic investment is $1000, its GDP is $22.0do. If its domestic investment is $700, its GDP is $21,700. If its domestic investment is $2,000, its GDP is $23,000. C. d. е. f. "a" and "c" are correct. g. All of the above are correct. h. None of the above are correct. Ob d. e

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter19: The Keynesian Model In Action
Section: Chapter Questions
Problem 3SQ
icon
Related questions
Question
QUESTION 28
Brazil has net capital outflow of $2,000, government purchases of $4,000 and consumption of $15,000. Which of the following is correct?
If its domestic investment is $0, its GDP is $21,000.
If its domestic investment is $500, its GDP is $21,500.
If its domestic investment is $1000, its GDP is $22,0do.
a.
b.
C.
d.
If its domestic investment is $700, its GDP is $21,700.
e.
If its domestic investment is $2,000, its GDP is $23,000.
f.
"a" and "c" are correct.
g.
All of the above are correct.
h.
None of the above are correct.
a
C
e
O O
Transcribed Image Text:QUESTION 28 Brazil has net capital outflow of $2,000, government purchases of $4,000 and consumption of $15,000. Which of the following is correct? If its domestic investment is $0, its GDP is $21,000. If its domestic investment is $500, its GDP is $21,500. If its domestic investment is $1000, its GDP is $22,0do. a. b. C. d. If its domestic investment is $700, its GDP is $21,700. e. If its domestic investment is $2,000, its GDP is $23,000. f. "a" and "c" are correct. g. All of the above are correct. h. None of the above are correct. a C e O O
QUESTION 23
You put money into an account and earn a real interest rate of 7 percent. Inflation is 3 percent, and your marginal tax rate is 50 percent. What is your after-tax real
rate of interest?
а.
1.5 percent.
2.5 percent.
2.0 percent.
4.0 percent.
b.
C.
d.
7.0 percent.
10.0 percent.
e.
f.
g.
None of the above is correct.
a
C
OOOOO
Transcribed Image Text:QUESTION 23 You put money into an account and earn a real interest rate of 7 percent. Inflation is 3 percent, and your marginal tax rate is 50 percent. What is your after-tax real rate of interest? а. 1.5 percent. 2.5 percent. 2.0 percent. 4.0 percent. b. C. d. 7.0 percent. 10.0 percent. e. f. g. None of the above is correct. a C OOOOO
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Investment Schedule
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Economics For Today
Economics For Today
Economics
ISBN:
9781337613040
Author:
Tucker
Publisher:
Cengage Learning
MACROECONOMICS FOR TODAY
MACROECONOMICS FOR TODAY
Economics
ISBN:
9781337613057
Author:
Tucker
Publisher:
CENGAGE L
MACROECONOMICS
MACROECONOMICS
Economics
ISBN:
9781337794985
Author:
Baumol
Publisher:
CENGAGE L
Economics:
Economics:
Economics
ISBN:
9781285859460
Author:
BOYES, William
Publisher:
Cengage Learning
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Macroeconomics
Macroeconomics
Economics
ISBN:
9781337617390
Author:
Roger A. Arnold
Publisher:
Cengage Learning