If in an economy: (a) Consumption function is given by C = 100+ 0.75 Y, and...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
If in an economy: (a) Consumption function is given by C = 100+ 0.75 Y, and (b) Autonomous Investment Is 150 crores. Estimate (I) Equilibrium level of Income and (ii) Consumption and Savings at the Equilibrium Level of Income. ((i) Rs. 1,000 crores; (ii) Consumption = Rs. 850 crores, Savings= Rs. 150 crass) If in an economy: (a) Consumption function is given by C = 100+ 0.75 Y, and (b) Autonomous Investment Is 150 crores. Estimate (I) Equilibrium level of Income and (ii) Consumption and Savings at the Equilibrium Level of Income. ((i) Rs. 1,000 crores; (ii) Consumption = Rs. 850 crores, Savings= Rs. 150 crass)
Expert Answer:
Answer rating: 100% (QA)
I Consumption Function is C 100 075 Y where Y in the income in the economy ... View the full answer
Related Book For
Systems analysis and design
ISBN: ?978-1118808177
5th edition
Authors: Alan Dennis, Barbara Haley Wixom, Roberta m. Roth
Posted Date:
Students also viewed these computer network questions
-
A system of equations that has at least one solution is called consistent. A system of equations that has no solutions is called inconsistent. A system with infinitely many solutions is called...
-
Create an entity relationship diagram from Fundamentals of Database Management Systems.
-
Draw an entity-relationship diagram including minimum and maximum cardinality for the following The system stores information about two things cars and owners .A car has attributes for make model and...
-
In Problems 1158, perform the indicated operation, and write each expression in the standard form a + bi. 6i 3 - 4i 5
-
How does equilibrium expenditure come about? What adjusts to achieve equilibrium?
-
For the past several years, Emily Page has operated a part-time consulting business from her home. As of December 1, 2015, Emily decided to move to rented quarters and to operate the business, to be...
-
An electric motor, of mass \(20 \mathrm{~kg}\) and operating speed \(1350 \mathrm{rpm}\), is placed on a fixed-fixed steel beam of width \(15 \mathrm{~cm}\) and depth \(1.2 \mathrm{~cm}\), as shown...
-
Wings Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative 1% preferred stock of $40 par, and 50,000 shares of $120 par common. During its firs four years...
-
Debt to Equity = total debt / total equity Year 2 = 316,632/146,043 Year 1 = 282,304/138,245 = 2.17 = 2.04 1. What does this ratio tell you? 2. In general, would you like this ratio to be higher or...
-
Knowing that the tension in rope AC is 365 N, determine the resultant of the three forces exerted at point C of post BC. 500 N 25 24 L= 1460 mm 200 N 1100 mm -960 mm-
-
Merging Chipotle and Qdoba. using U.S vs Anthem Case, determine the following about merging 1 Qdoba location and 1 Chiptole location. Ignore any other locations. what is the relevent product market?...
-
Following data for the financial year, 2022 has been extracted from the books of Firefox Ltd, a sole proprietor dealing in Melbourne. Assume that all purchases for stocks and relevant expenses fully...
-
How would standard costs and a balance scorecard will be used to evaluate your organization's performance and why both financial and non financial metrics should be integrated when evaluating an...
-
Critically evaluate Trentmann's (2022) article by discussing if the Zero-Based-Budgeting approach is the best way for companies to increase profits and then demonstrate with support from current...
-
On a hot dry day, evaporation from a lake has just enough heat transfer to balance the 1.00 kW/m 2 of incoming heat from the Sun. How many kilograms of water evaporate in 0.85 h from each square...
-
A student walking to class on a cold day ( T o = 5 C) find a silver ring with an inner diameter of D = 1.7 cm. The silver has a coefficient of linear expansion of = 19.7 10 -6 1/C. Part A. Input an...
-
The bullet strikes a block of wood which exerts, on average, a force of 50,000 N opposing the motion of the bullet. How far does the bullet penetrate? Retardation: If the velocity is decreased with...
-
Medi-Exam Health Services, Inc. (MEHS), located in a major metropolitan area, provides annual physical screening examinations, including a routine physical, EKG, and blood and urine tests. MEUS's...
-
Suppose that you are an analyst for the ABC Company, a large consulting firm with offices around the world. The company wants to build a new knowledge management system that can identify and track...
-
Discuss the considerations that should be made when determining who to include in interviews and/or JAD sessions.
-
Draw a physical level 0 data flow diagram (DFD) for the following dentist office system, and compare it with the logical model that you created in Chapter 5: Whenever new patients are seen for the...
-
Oil (absolute viscosity \(=0.0003 \mathrm{lb} \cdot \mathrm{s} / \mathrm{ft}^{2}\), density \(=50\) \(\mathrm{lbm} / \mathrm{ft}^{3}\) ) flows in the boundary layer, as shown in Fig. P1.82. The plate...
-
A new computer drive is proposed to have a disc, as shown in Fig. P1.84. The disc is to rotate at \(10,000 \mathrm{rpm}\), and the reader head is to be positioned 0.0005 in. above the surface of the...
-
Standard air flows past a flat surface, and velocity measurements near the surface indicate the following distribution: The coordinate \(y\) is measured normal to the surface and \(u\) is the...
Study smarter with the SolutionInn App