![subject](/tpl/images/cats/mat.png)
Mathematics, 26.06.2020 16:01 dsanders20
Let: C = consumption, Ip = investment spending (as a function of price level), G = government spending, Tx = tax revenue, Yd = after-tax income, Assume for a given closed economy: C=100 + 0.9 Yd – 20P Ip= 400 – 40P G=300 T=100 Moreover, aggregate supply curve for this economy is defined by the following equation: P=1.41 + 0.0001Y a. (10 points) According to the investment equation (Ip= 400 – 40P) as overall price level in the economy increases investment spending decreases. How could you explain this situation? Please use graphs to elaborate your answer. b. (10 points) Find the equilibrium level of overall price and aggregate output in this economy. What would be the value of consumption and investment spending at this equilibrium? c. (10 points) How would the equilibrium aggregate output and price level change if government spending increases to Gnew=400? What would be the value of consumption and investment spending at this new equilibrium? d. (10 points) Compare equilibrium values of investment spending and consumption you find in parts (c) and (d). How would you explain the changes? Elaborate your answer for both investment and consumption.
![ansver](/tpl/images/cats/User.png)
Answers: 1
Another question on Mathematics
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 17:30
Me with this one question, and i'll upvote the brainliest answer
Answers: 2
![question](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 22:30
Maria found the least common multiple of 6 and 15. her work is shown below. multiples of 6: 6, 12, 18, 24, 30, 36, 42, 48, 54, 60, . . multiples of 15: 15, 30, 45, 60, . . the least common multiple is 60. what is maria's error?
Answers: 1
![question](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 23:00
The ratio of the perimeters of two similar triangles is 4: 3. what are the areas of these triangles if the sum of their areas is 130cm2?
Answers: 3
You know the right answer?
Let: C = consumption, Ip = investment spending (as a function of price level), G = government spendi...
Questions
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 08.07.2019 11:10
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 08.07.2019 11:10
![question](/tpl/images/cats/obshestvoznanie.png)
![question](/tpl/images/cats/istoriya.png)
History, 08.07.2019 11:10
![question](/tpl/images/cats/biologiya.png)
Biology, 08.07.2019 11:10
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/istoriya.png)
History, 08.07.2019 11:10
![question](/tpl/images/cats/istoriya.png)
History, 08.07.2019 11:10
![question](/tpl/images/cats/istoriya.png)
History, 08.07.2019 11:10
![question](/tpl/images/cats/biologiya.png)
Biology, 08.07.2019 11:10
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/himiya.png)
Chemistry, 08.07.2019 11:10
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/istoriya.png)
History, 08.07.2019 11:10
![question](/tpl/images/cats/istoriya.png)
History, 08.07.2019 11:20
![question](/tpl/images/cats/mat.png)
Mathematics, 08.07.2019 11:20
![question](/tpl/images/cats/mat.png)
Mathematics, 08.07.2019 11:20
![question](/tpl/images/cats/obshestvoznanie.png)