please show the steps and formula that you use 3.pdfO File | C:/Users/ISSAALHASNI/Downloads/Tutorial%203.pdfASSignmen: Review Quesuons TOor ne MIgtemDate:Course: MacroeconomicsThe figure shows the flows of income and expenditure in an economy.FINANCIALIn 2008, Q was $1,200 billion, U was $200 billion, W was$650 billion, R was $150 billion, and Z was $80 billion.HOUSEHOLDSMARKETSCalculate investment and saving.Investment is $billion.Saving is $billion.GOODSMARKETSRESTOFWORLDFACTORGOVERNMENTSHARKETEFIRMSThe figure shows the flows of expenditure and income in an economy.In 2008, J was $1.0 trillion, R was $1.0 trillion, Z was$1 trillion, Q was $11.0 trillion, and U was $1,0 trillion.TINANCIAMARKETEHOUSEHOLDSCalculate saving and consumption expenditure.>>> Answer to 1 decimal place.Consumption expenditure is $trillion.RESYtrillionGOVEANHENTSJACTORMAIE ETSSaving is $WORLDA ENGO Type here to search123

Solution -1) We know, Q = U + W + Z + Investments $1200 = $200 + $650 + $80 + Investment $1200 =…

The figure shows the flows of income and expenditure in an economy. FINANCIAL MARKETS In 2008, Q was $1,200 billion, U was $200 billion, W was $650 billion, R was $150 billion, and Z was $80 billion. HOUSEHOLDS Calculate investment and saving. Investment is $ billion Saving is $ billion. FACTOR MARKETE GOODS MARKETS REST OF WORLD GOVERNMENTS FIRMS 2. The figure shows the flows of expenditure and income in an economy. In 2008, J was $1.0 trillion, R was $1.0 trillion, Z was $1 trillion, Q was $11.0 trillion, and U was $1.0 trillion. FINANCIAL MARKETE HOUSEHOLDS Calculate saving and consumption expenditure. >>> Answer to 1 decimal place. trillion. Consumption expenditure is $ RESY trillion ACTOR (MAXKETE GOVEANHENTS OF Saving is $ HARKETS WORLD A ENG O Type here to search

The figure shows the flows of income and expenditure in an economy. FINANCIAL MARKETS In 2008, Q was $1,200 billion, U was $200 billion, W was $650 billion, R was $150 billion, and Z was $80 billion. HOUSEHOLDS Calculate investment and saving. Investment is $ billion Saving is $ billion. FACTOR MARKETE GOODS MARKETS REST OF WORLD GOVERNMENTS FIRMS 2. The figure shows the flows of expenditure and income in an economy. In 2008, J was $1.0 trillion, R was $1.0 trillion, Z was $1 trillion, Q was $11.0 trillion, and U was $1.0 trillion. FINANCIAL MARKETE HOUSEHOLDS Calculate saving and consumption expenditure. >>> Answer to 1 decimal place. trillion. Consumption expenditure is $ RESY trillion ACTOR (MAXKETE GOVEANHENTS OF Saving is $ HARKETS WORLD A ENG O Type here to search

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter9: Aggregate Demand

Section: Chapter Questions

Problem 1.1P

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Briefly define the following terms and explain the relationshipbetween them:MPC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . MultiplierActual investment . . . . . . . . . . . . . . . . . . . . . Planned investmentAggregate expenditure . . . . . . . . . . . . . . . . . . . . . . . . . . Real GDPAggregate output . . . . . . . . . . . . . . . . . . . . . . . Aggregate income
1. Given the following on a closed economy.C = 40 + 0.8Yd C= consumptionI = 55 – 200r I= InvestmentG = 20 G = government spendingT = 20 T = TaxesYe = 400 Ye = National Income r = rate of interestDetermine the following:-The equilibrium level of consumption-The level of investment-The level of interest rate-The level of Private savings-The level of Public savings-The level of national savings
Hi there . can you please assit on the following below Q.1. HOW DOES GOVERNMENT SPENDING AFFECT THE LEVEL OF AGGREGATE AUTONOMOUS SPENDING , THE MULTIPLIER AND THE EQUILIBRIOUM INCOME IN THE ECONOMY?
Consider an economy described by the following equations:Y=C + I +GY=7,000G=4000T=2,000C=150+0.75(Y-T)I=1,000-50rc. Now suppose the G rises by 1,000. Compute private saving, public saving, andnational saving and show a graphical representation of your answer.
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