All figures are in billions (B). Post answers in billions for the appropriate columns. Alpha Mixed...
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All figures are in billions (B). Post answers in billions for the appropriate columns. Alpha Mixed Open Economy is a hypothetical "no tax" economy. GDP = DI C S lg G Xn 400 B 455 B 510 B 565 B 620 B 675 B 730 B 785 B 840 B 895 B 950 B -22 B -11 B 0 11 B 22 B 33 B 44 B 55 B 66 B 77 B 88 B Aggregate Expenditures (C+Ig+G+Xn) + Investment or Disinvestment Tendency 1. Write the algebraic equation for computing Personal Consumption Expenditures (C) from the Test 2 Equations, Notes and Key (Topic 2) or the Communication Assignment 2301 Slide Notes (Topic 3). 2. Compute Personal Consumption Expenditures (C) for each level of GDP-DI. Fill in the C column on the table (schedule). Post the C in billions. 3. Gross Investment (Ig) column is Planned Investment. Gross Investment is "independent." Gross Investment is +298 for each level of GDP DI in the hypothetical Alpha "no tax" Economy, Fill in the Ig column on the table (schedule). Post the lg in billions. All figures are in billions (B). Post answers in billions for the appropriate columns. Alpha Mixed Open Economy is a hypothetical "no tax" economy. GDP = DI C S lg G Xn 400 B 455 B 510 B 565 B 620 B 675 B 730 B 785 B 840 B 895 B 950 B -22 B -11 B 0 11 B 22 B 33 B 44 B 55 B 66 B 77 B 88 B Aggregate Expenditures (C+Ig+G+Xn) + Investment or Disinvestment Tendency 1. Write the algebraic equation for computing Personal Consumption Expenditures (C) from the Test 2 Equations, Notes and Key (Topic 2) or the Communication Assignment 2301 Slide Notes (Topic 3). 2. Compute Personal Consumption Expenditures (C) for each level of GDP-DI. Fill in the C column on the table (schedule). Post the C in billions. 3. Gross Investment (Ig) column is Planned Investment. Gross Investment is "independent." Gross Investment is +298 for each level of GDP DI in the hypothetical Alpha "no tax" Economy, Fill in the Ig column on the table (schedule). Post the lg in billions.
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Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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