C=800+0.8Y XN=500 -0.2Y I = 1200 G=2000 Refer to the information above to answer this question. What is the value of equilibrium income? A 3,500 B 4,500. C 11,250. D 2,700. E7,500. E
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- 1) Graph the relationship between income and consumption from the table below. 2) Does this relationship have a positive or negative slope? 3) What is the slope from point B to point C? Income Consumption Point $0 $50 A $100 $100 B $200 $150 C $300 $200 D $400 $250 ESuppose Alice faces the following prices and income across two periods. Prices Income Period 10 200 1 Period 12 2 250 Suppose the interest rate is 5%. Using the equation editor, write down the intertemporal budget constraint for Alice.Help me
- Assume a closed economy where the level of investment is 300 and savings function is s = -30+ 0.15y calculatr the equilibrium level of income40. Calculate equilibrium income when C= 140+ 0.80Y I= 160 G=200 X 150 %3D M=100. %3DYou are an economic advisor to the government. Discuss your opinion . a) How COVID-19 pandemic will affect the consumption behavior as well as the investment done by the firms and household for the next two years? b) What are the actions or policies that the government can implement to face this situation? please answers with analysis and --graph (if possible)
- Fill in the table and derive the consumption and saving functions. Disposable income Consumption Saving 240 -4 260 280 4 300 8. 320 12 340 16 360 20 380 24 400 28 Draw the graphs and find the break even point of disposable income.Define disposable income9- 9 - What is the ratio of savings to disposable income called? a) MPS B) cY NS) APS D) MRI TO) NS
- C=150 + 0.65 y I= 120 G= 80 1- Equilibrium levelof income 2- Consumption 3- Saving37- What is the ratio of the change in savings to the change in income called? a) MRI B) APS NS) MPS D) NS TO) cYA consumption tax that replaces an income tax a) only taxes a household on the money it spends. b) discourages saving. c) would likely result in a lower level of saving than an income tax. d) ultimately taxes income twice—once when the household pays income tax and once when the household makes a purchase