In Econland autonomous consumption equals 700, the marginal propensity to consume equals 0.80, net taxes are fixed at 50, planned investment is fixed at 100, government purchases are fixed at 100, and net exports are fixed at 40. Autonomous expenditure equals:
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In Econland autonomous consumption equals 700, the marginal propensity to consume equals 0.80, net taxes are fixed at 50, planned ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What kind of structures must a cell have that would be analogous to a modern business?
Answers (1)
On June 30, 2014, Diode Inc. purchased for cash at $50 per share all 150,000 shares of outstanding common stock of Moore Company. Moore's balance sheet at June 30, 2014, showed net assets with a book value of $6,000,000.
Answers (1)
Y3k, inc., has sales of $6,239, total assets of $2,855, and a debt-equity ratio of 1.30. If its return on equity is 15 percent, what is its net income?
Answers (1)
A. Define supply as an economist would. B. List and explain three (3) non-price factors that will shift the supply curve. C.
Answers (1)
X-Mart purchased $300 of merchandise on account. Demonstrate the journal entry to record this transaction, assuming the perpetual inventory system is used.
Answers (1)
New Questions in Business
Semitool Corp. has an expected excess return of 6% for next year. However, for every unexpected 1% change in the market, Semitool's return responds by a factor of 1.2.
Answers (1)
Emir Company purchased equipment that cost $110,000 cash on January 1, 2015. The equipment had an expected useful life of six years and an estimated salvage value of $8,000.
Answers (1)
How are units of alcohol measured
Answers (2)
Accounting deals with the strategic financial issues associated with increasing the value of the business while observing applicable laws and social responsibilities. True or false?
Answers (1)
Paula used to check her voice mail each time she returned to her office after a meeting or break. Now she checks her voice mail in the morning, before lunch, and once in the afternoon.
Answers (1)