Y=C+I+G. Y=8,000 G=2,500. T=2,000. C=1,000+2/3(Y-T) 1=1,200-100r a) In this economy, compute private saving, public saving, and national saving.
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Q: 9. If disposable income is 4,000, consumption is 3,500, government spending is 1,000, and taxes…
A: Here, given information is, Disposable income (Y): 4,000 Consumption (C): 3,500 Government spending…
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Q: briefly discuss direct interventions of government for national saving?
A: In the context of economics, national savings is equal to a nation's income minus consumption and…
Q: consumption and investment: C = 1,000 + (2/3)*(Y – T) and I = 1,200 – 100*r. Furthermore, Y = 8,000,…
A: Given values:C = 1,000 + (2/3)*(Y – T)I = 1,200 – 100*rY=8000G=2500T=2000
Q: If consumption expenditures are $1800 million, gross investment is $450 million, imports are $350…
A: The output or the real GDP would be the sum of the consumption,investment, government expenditure,…
Q: What is national saving? What is privet saving ?what is public saving? How are these three variables…
A: National savings is given by the equation = National Income - Consumption - Government expenditure.…
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Q: If in the economy, business saving equals $200 billion, household saving equals S25 billion, and…
A: An economy's national saving is the sum of private and public savings.
Q: Q1: Refer to the information provided in the Table below, answer the questions that follow:…
A: Marginal propensity to consume is the proportion of the disposable income that a person wants to…
Q: suppose that in a closed economy GDP is equal to 22,000, taxes are equal to 7000, consumption is…
A: Given, GDP (Y) = 22,000 Taxes (T) = 7000 Consumption (C) = 13,000 Government expenditure (G) = 4000
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Q: Suppose that in a closed economy GDP is equal to 15,000, government purchases are equal to 3,000,…
A: GDP = 15,000 GOVERNMENT PURCHASE = 3000 Consumption = 10,500 Taxes = 3500
Q: Household saving = $200, Business Saving = $400, Government Purchases = $100, Government transfer…
A: Household saving = $200 Business Saving = $400 Government Purchases = $100, Government transfer…
Q: Q.2) Assume that GDP (Y) is 6,000. Consumption (C). is given by the equation C= 600 + 0.6(Y- T).…
A: here by using the given information we calculate the following terms so the calculation of the…
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Q: Suppose that GDP is $8 billion, taxes are $1.5 billion, private saving is $0.5 billion, and public…
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A: In an economy, taxes refers to the expenditure by the people and revenue of the government because…
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A: We have been given in the question that:- Y=8490 G=2719 T=2056 C=258+1/2(Y-T) I=400+40r Please find…
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Q: Suppose GDP in this country is $1,540 million. Enter the amount for government purchases. National…
A: GDP is the value of all final goods and services produced in an economy over a given period of time.…
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A: Gross domestic product is the monetary value of all total goods and services produced domestically…
Q: Refer to Table 8.7. Planned saving equals planned investment at an aggregate output level
A: Planned saving can be calculated as follows:
Q: A closed economy has income of $1000, government spending of $200, taxes of $150, and investment of…
A: A closed economy is a type of economy in which the trading of goods and services won’t happen with…
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A: In an economy, private saving is made by the households and public saving is made by the government.
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- Consider an economy described by the following equations:Y=C + I +GY=7,000G=4000T=2,000C=150+0.75(Y-T)I=1,000-50rIn this economy, compute private saving, public saving and national savingPlease 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.2.1 Question 1 Consider the following model of the economy: Y, =C+I+GY, = 8,000 G, = 2,500 T, = 2,000 C, = 1,000+(y-7) I, = 1,200-100r (a) In this economy, compute private saving, public saving, and national saving. (b) Find the equilibrium interest rate. (c) Now suppose that G is reduced by 500. Compute private saving, public saving, and national saving. (d) Find the new equilibrium interest rate.
- Consider the following data (in billion $) for a country in a particular year: (assume this country has Zero Transfer Payment Personal consumption expenditure (C) 200 Exports (x) 10 Government Purchases of goods and services (G) 120 Imports (m) 15 Gross Domestic Product (Y) 1800 Taxes 20 a. What is the value of private and households saving? b. What is the value of government saving? c. What is the value of total (national) saving? d. What is the value of gross investment? e. What is the value of net export? f. Is the country lending to or borrowing from rest of the world? g. Dose the government has deficit, balance or surplus budget? h. What is the amount of investment financed by national saving? i. What is the amount of investment financed by borrowing from rest of the world? J. What is the meaning of transfer paymentSuppose the economy is closed and consumption of $10,000, taxes are $2000 and government purchases are $3,000 and national saving is $1,500. (Given GDP=$14500, Public saving= -$1000, Private saving=$2500, Investment=$1500). So In the era of covid-19 pandemic, the producers were pessimistic about the returns of capital and reduced their investments. Use a well-labelled diagram of loanable funds market to illustrate and explain the impacts on the equilibrium interest rate and quantity of loanable funds.Suppose GDP in this country is $900 million. Enter the amount for consumption. Value National Income Account (Millions of dollars) Government Purchases (G) 250 Taxes minus Transfer Payments (T) 325 Consumption (C) Investment (I) 275 Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table. National Saving (S) 2$ million Complete the following table by using national income accounting identities to calculate private and public saving. In your calculations, use data from the initial table. Private Saving million Public Saving 2$ million Based on your calculations, the government is running a budget
- Consider an the following equations: Y=C + I +G Y=7,000 G=4000 T=2,000 C=150+0.75(Y-T) I=1,000-50r a. 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, and national saving.Assume the following information for an imaginary, closed economy. GDP = $120,000; consumption = $70,000; private saving = $9,00%3; national saving = $12,000. (Please write the calculation details) %3D %3D %3D (1) For this economy, what does investment amount to (2) For this economy, what do government purchases amount to? (3) For this economy, what do taxes amount to? (4) Is this economy's government budget surplus or budget defcit? How much it is?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.
- 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, and nationalsaving.d. Calculate the new equilibrium interest rate. Answer only part c and d in this question as I have attempted first two parts already.Suppose that in a closed economy GDP is equal to 15,000, government purchases are equal to 3,000, consumption equals 10,500, and taxes equal 3,500. What are private saving and public saving? 1,500 and -500, respectively 1,500 and 500, respectively 1,000 and -500, respectively 1,000 and 50O, respectively120 100 80 60 40 20 45° 20 40 60 80 100 120 Income (Billions) Refer to the above figure. If the relevant saving schedule were constructed: 1) its slope would be 1/2. 2) it would slope downward and to the right. 3) saving would be minus $20 billion at the zero level of income. 4) aggregate saving would be $60 at the $60 billion level of income. Consumption (Billions)
