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Derive the IS relation for this closed economy:
C = 200 + 0.25YD
I = 200 + 0.25Y – 1000i
G = 400
T = 200
Step by step
Solved in 3 steps
- 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 Incomer = rate of interest Dertermine the level of Private savingsGiven 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 Incomer = rate of interest Find: The level of Private savingsThe level of Public savingsThe level of national savingsGiven 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 Incomer = rate of interest Determine the level of investment
- 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 savingusing macroeconomic equations discuss if the answer is false. please explain answer in detail Yd=C+I+G+ NX C=C+c (Y-T) I =Ī - d. (i+f) G = G NX = X-x E-z.Y A d Y ==-- -i- E m m A: C-c.T+I-d.f+G+X m=1-c+z i=i (1 + i) = (1 + 2) - Le E E X m +1 (8) (10) (11) (12) (13) (14) (15) (16) (17) Comment clearly if the following statement is true or false. "Under a flexible exchange rate, an increase in the world interest rate i requires the domestic central bank to increase domestic returns in order to prevent a capital outflow from depreciating the domestic economy."a borrower cannot become a saver if the rate of interest decreases, but might become a saver if the rate of interest increases. is this true or false? carefully explain your answer (which must prove or disprove each part of the statement) using any appropriate diagrams
- Using the law of motion of capital, a cobb-douglas production function, and the equation for GDP in a closed economy with no government, compute the level of consumption in year-5. You are given: 1 3 8=.1 s=.15 Ko=1 Lt=1 Y = K{L}-a Yt=C++It C;=(1-s)Yt It = sYt %3Df in a given situation, Px = 150, Pm = 180 Zx = 160 , and , then which of the following will be the value of Single Factorial Terms of Trade (Ts) ?Suppose GDP in this country is $480 million. National Income Account Value (Millions of dollars) Government Purchases (GG) 150 Taxes minus Transfer Payments (TT) 180 Consumption (CC) 225 Investment (II) 105 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 SavingPrivate Saving = (YTI, TG, YCT) = = ?million Public SavingPublic Saving = = (CT, TG, YCT, YTI) = = $million
- Then: In one graph show what happens if the I function increases (i.e. the % rises) In one graph show what happens if technology improves (i.e. A increases)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.how to find gross investment in the economy? is it correct if i add Net investment to Capital Consumption? Gross Investment = Net investment + Capital Consumption
