Business, 20.12.2019 21:31, lisa123465
Suppose that the behavior of households and firms in an economy is determined by the following equations c=60+0.9yd, ii = 34, g = 25, t = 10+ 0.1y, tr=80, x=30, im=20 + 0.05y
a. calculate an expression for aggregate expenditure as a function of income ( enter your answer in the form: ae = a + by). note that in an open economy: ae=c+ii + g + x - im and pay attention to the
b. calculate the equilibrium level of output ( just enter the numeric value of output).
c. calculate the level of taxes in the economy ( just enter the numeric value of taxes).
d. is the government running a budget surplus or a budget deficit? surplus . calculate its size.
e. is the economy running a trade surplus or a trade deficit? surplus . calculate its size.
Answers: 2
Business, 22.06.2019 18:00, kekoanabor19
Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.
Answers: 2
Business, 22.06.2019 19:20, kingo7
After jeff bezos read about how the internet was growing by 2,000 percent a month, he set out to use the internet as a new distribution channel and founded amazon, which is now the world's largest online retailer. this is clearly an example of a(n)a. firm that uses closed innovation. b. entrepreneur who commercialized invention into an innovation. c. business that entered the industry during its maturity stage. d. exception to the long tail business model
Answers: 1
Suppose that the behavior of households and firms in an economy is determined by the following equat...
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