Keynesian Worksheet. Complete the table and answer the following questions. All values in Billions of U.S....

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Keynesian Worksheet. Complete the table and answer the following questions. All values in Billions of U.S. dollars NEAE la-400 G=1000x-500 (10% of GDP) GDP TAX DIc SI M (Ca-400 (NI) (rate 20%) MPC-0.8) 1000 2000 3000 4000 5000 6000 Questions: I. Suppose the level of GDP happens to be 1000, what is the amount of : 1. Tax? 200 А. 20 В. 100 С. D. 1000 2. Disposable income? 100 А. 800 В. 640 С. D. 1000 А. 640 В. 800 3. Consumption? 1000 C. D. 1040 4. Household saving? А. 200 В. -240 С.- 400 D. 0 5. Investment? А. О B. 800 С. -200 D. 400 6. Government spending? А. 900 В. 500 С. - 700 D. 1000 000 Keynesian Worksheet. Complete the table and answer the following questions. All values in Billions of U.S. dollars NEAE la-400 G=1000x-500 (10% of GDP) GDP TAX DIc SI M (Ca-400 (NI) (rate 20%) MPC-0.8) 1000 2000 3000 4000 5000 6000 Questions: I. Suppose the level of GDP happens to be 1000, what is the amount of : 1. Tax? 200 А. 20 В. 100 С. D. 1000 2. Disposable income? 100 А. 800 В. 640 С. D. 1000 А. 640 В. 800 3. Consumption? 1000 C. D. 1040 4. Household saving? А. 200 В. -240 С.- 400 D. 0 5. Investment? А. О B. 800 С. -200 D. 400 6. Government spending? А. 900 В. 500 С. - 700 D. 1000 000

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When the income level is 1000 Tax will be equal to 200 that is 20 of 10... View the full answer