Economics Exam

Practice capers job 1 Income (Y)Consumption (C)Saving (S)Investment (I)TE 9,0001,3002,500 11,0001,7002,500 13,0002,500 15,0002,500 17,0002,500 19,0002,500 a) What is the play function? Assume that it incorpo targets the criterion form (C = a + b YD). b) Fill in the conf do above. c) What is the equilibrium take take? d) If the current siding level is 14,000, what would likely happen to the payoff level next stratum? Why? e) By how much will the equilibrium output level increase (decrease) if the plan investment falls by 500? Problem 2 use the following hypothetical entropy: Population550,000 perfect employed full-time300,000 extreme employed part-time75,000 Discouraged workers40,000 list unemployed45,000 a) count the size of the get the picture force b) view the unemployment ramble c) Compute dig force participation roam d) If unemployment rate increased by 2%, what can you say to the highest degree the actual gross domestic help product?

Problem 3 Symbols:? = Up? = Down = No gear up? = Uncertain affair the above symbols to execute in the table on a lower floor: Observations feat on MsMdrIYC ply increases concur ratio The government cuts taxes Net effects Problem 4 YearNominal gross domestic productCPI 19802789.582.4 19905803.1130.7 20009268.4166.6 Use the data in the table above to resultant role the following questions. Compute the rate of inflation between 1990 and 2000 Compute 1980 real GDP in 1990 prices Compute 2000 real GDP in 1990 pricesIf you want to set about a full essay, disposition it on our website: Ordercustompaper.com

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