Question: Using the data in the table below, calculate Aggregate Expenditure (AE), Savings (S), and increasing inventories Change (UI). Please ensure you show and input the

 Using the data in the table below, calculate Aggregate Expenditure (AE),Savings (S), and increasing inventories Change (UI). Please ensure you show andinput the negative sign where necessary for your answers on savings and

undesired inventory changes. Aggregate Expenditure Income (Y) Consumption (C) Investment (1) Savings(S) Inventory Disequilibrium (AE) 650 617.5 110 Number Number Number 840 722110 Number Number Number 1,030 826.5 110 Number Number NumberUsing the information

Using the data in the table below, calculate Aggregate Expenditure (AE), Savings (S), and increasing inventories Change (UI). Please ensure you show and input the negative sign where necessary for your answers on savings and undesired inventory changes. Aggregate Expenditure Income (Y) Consumption (C) Investment (1) Savings (S) Inventory Disequilibrium (AE) 650 617.5 110 Number Number Number 840 722 110 Number Number Number 1,030 826.5 110 Number Number NumberUsing the information below for a four sector economy, calculate the following: = 550 +0.5Yd = 250+0.15Y = 300+0.1Y = 300+0.15Y = 150 = 100+0.2Y = 2,098.12 = Y-T fxgxo0-H0 I (Assume price remain constant) Part 1: What is the value of Ye? | Number Part 2: What is the value of the Govt surplus(+)/deficit(-) at Ye? | Number Part 3: What is the size of the positive(+)egative(-) output gap? | Number Part 4: What change in government spending (increase(+)/decrease(-) is required to close the gap? | Number Part 5: Suppose that government spending changes to G'=400 + 0.1 Y. What is the value of the new equilibrium income (Ye2)? Number Using the new government spending function in Part 5, calculate the following: Part 6: What is the size of the positive(+)egative(-) output gap? | Number Part 7: Change in government spending (increase(+)/decrease(-) required to close the new gap ?| Number Part 8: What was the value of the Govt surplus(+)/deficit(-) at Ye2? (Before the change that took place in part 7) | Number Use the information below for a four sector economy, answer the following questions: C =300 +0.75 Yd T=60 =400 G =700 X =250 M=100+0.15Y C = Consumption function T = Tax function | = Investment function G = Government expenditures function X = Export function M = Import function Y = National Income YD = Disposable Income function Yf = Full Employment Income Ye =Equilibrium income a. What is the value of autonomous expenditures? | Number b. What is the slope of aggregate expenditure? | Number c. What is the value of equilibrium GDP? | Number d. What is the value of the autonomous tax multiplier? | Number e. What is the value of Consumption (C) at equilibrium? | Number f. What is the value of Savings at equilibrium? | Number

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!