1. An increase in expected future output while holding today's output constant would A. increase today's desired consumption and decrease desired national saving. B. decrease today's desired consumption and decrease desired national saving. OC. increase today's desired consumption and increase desired national saving. OD. decrease today's desired consumption and increase desired national saving.
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- Holding other factors constant, a higher relative price of a firm's output will a. increase national saving. b. decrease investment. c. increase investment. d. decrease national saving.Current consumption Figure 2-8 A B C Current investment Points A, B, and C in Figure 2-8 2-8.png indicate consumption and investment for three economies. Other things constant, which of the economies is likely to grow less rapidly in the future, but is having the most fun now? economy A O economy B economy C They would all be expected to grow at the same rate.Suppose the government of a small open economy decides to increase taxes on all gross incomes, describe what will happen to public saving assuming all other things remain constant. a.Public saving will not be affected b.Public saving will decrease c.National saving will increase d.Public saving will increase
- Suppose the following information describes the economy: Consumption 8,000 Investment 1,000 Government purchases 1,000 Net exports 0 Government transfers and interest payments 500 Government tax collections 1,700 Private saving equals ____; public saving equals ______; national saving equals ____. Select one: a. 1,500; 700; 2,700 b. 800; 200; 1,000 c. 800; 200; 600 d. 1,000; 800; 1,000 Note:- Give me proper calculation adn explanation and correct answer otherwise i give multiple downvote Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.The following national accounting data are available for an economy for 2020. GDP Household Consumption Government Consumption Government Investment Direct and Indirect Taxes Subsidies by government Government Transfer Payments Government Interest Payments Retained Earnings Net Exports What is the level of national saving in this economy? Select one: a. 190 b. 150 c. 200 d. 250 e. 210 $ Billion 950 650 150 0 170 20 30 10 0 0In a closed economy, if Y and T remained the same, but G rose, and C fell but by less than the rise in G, what would happen to public and national saving? a. public and national saving would rise b. public saving would fall and national saving would rise c. public saving would rise and national saving would fall d. public and national saving would fall
- Suppose that every additional 3 percentage points in the investment rate boosts GDP growth by 1 percentage poi Assume also that all investment must be financed with consumer saving. Note: Investment rate= Investment/GDP The economy is currently characterized by Consumption: $7 trillion Saving (= Investment): $2 trillion = GDP: $9 trillion If the goal is to raise the growth rate by 2 percentage points, a. by how much must investment increase? b. by how much must consumption decline? PLEASE SHOW YOUR WORK. BILLIONS BILLIONSdont use chatgpt answer urgent What would result from a decrease in the supply of national savings curve? a). an increase in the dollar amount of savings b). an increase in real interest rates c ).an increase in the dollar amount of investment d). a decrease in real interest ratesCurrently, the US has a total consumption of $12 trillion, saving of $6 trillion, tax revenues of $5 trillion, and government spending of $7 trillion. Relative to a balanced budget, the government’s actions in this economy will cause: a. Higher interest rates today and reduced economic growth for future generations. b. Lower interest rates today and reduced economic growth for future generations. c. Higher interest rates today and enhanced economic growth for future generations. d. Lower interest rates today and enhanced economic growth for future generations.
- a. If national saving of a closed economy equals$100,000, net taxes equal$125,000,GDPdeflator is 175 and government expenditure equals$45,000, what is private saving?a. Show the national income identity equation for a closed economy. b. Use the expression in a to show the equality between national saving and investment. What is the representation of private saving and what is the representation of public saving?Please help with this from c and d. Please make it make sense because I have seen answers that dont seem right. With graphs as well if you can for the two.Consider an economy described by the following equations:Y=C + I +GY=7,000G=4000T=2,000C=150+0.75(Y-T)I=1,000-50ra. In this economy, compute private saving, public saving and national saving.b. Calculate the equilibrium interest rate. c. Now suppose the G rises by 1,000. Compute private saving, public saving, andnational saving.d. Calculate the new equilibrium interest rate.