In an economy, autonomous consumption expenditure is Ksh.50 billion, investment is Ksh. 200 billion, and government expenditure is Ksh.250 billion. The marginal propensity to consume is 0.7 and net taxes are $Ksh.50 billion. Exports are Ksh.500 billion and imports are Ksh.450 billion. Assume that net taxes and imports are autonomous, and the price level is fixed. What is the consumption function? (2 Marks)
Calculate the equilibrium value of Y, C (4 Marks)
Calculate the Keynesian multiplier and provide an intuitive interpretation of it. (4 Marks)
Consider the effects of Corona virus pandemic on the macro economy in Kenya. Suppose we assume that the massive lockdown of the economy that followed the outbreak represents a large negative aggregate demand shock, use the aggregate demand-long-run aggregate supply-short-run aggregate supply (AD-LRAS-SRAS) model to show what happens to output, prices and unemployment. (10 Marks)

answer 1 : option "c"

answer 2 : option "d"

answer 3 : option "b"

answer 4 : option "d"

answer 5 : option "b"

answer 6 : option "a"

answer 7 : option "c"

answer 8 : option "d"

answer 9 : option "c"

answer 10 : option "d"

answer 11 : option "c"

answer 12 option "b"

answer 13 option "c"

answer 14 option "c"

answer 15 option "d"

answer 16 option "a"

answer 17 option "b"

answer 18 option "c"

answer 19 option "a"

answer 20 option "a"

answer 21 option "c"

d

no because mercury has a density of 13.6 grams per centimeter squared while gold has 19.32 grams centimeter squared

step-by-step explanation:

x coordinate can be written by using the formula, x= x1 + 2/5(x2 - x1)

step-by-step explanation:

formula

x = x1 + p/w(x2 - x1)

let the line segment ab with a(x1,y1) and b(x2,y2)

a point(x,y) divide ab in the ratio, 2: 3 the x coordinate can be written as

x = x1 + p/w(x2 - x1)

here p=2 and w = 2+3

therefore,

x coordinate can be written by using the formula, x= x1 + 2/5(x2 - x1)

similarly y coordinate y = y1 + 2/5(y2 - y1)