Assume that the consumption function for a private open economy, Azania, is such that C = 50 + 0.8Y. Also assume further that planned investment Ig and net exports Xn as well as G are respectively 30, 10, and 100 million respectively, calculate (a) the equilibrium income and (b) total consumption for this economy. Suppose the economy achieved Xn = 0, how much have (c) income and (d) consumption changed? Recall the real output Y in the economy equals C + Ig + G + Xn. Show all work.

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

As manager of kids skids, meghan wants to develop her relationship management skills. in order to do this, she learns how to

How does the economy of cuba differ from the economy of north korea? in north korea, the government’s control of the economy has begun to loosen. in cuba, the government maintains a tight hold over the economy. in cuba, the government’s control of the economy has begun to loosen. in north korea, the government maintains a tight hold over the economy. in north korea, there is economic uncertainty in exchange for individual choice. in cuba, there is economic security in exchange for government control. in cuba, there is economic uncertainty in exchange for individual choice. in north korea, there is economic security in exchange for government control.\