Which of the following is NOT a component of planned aggregate expenditure? Select one: O a. Planned investment O b. Government purchases O c. Transfer payments O d. Net exports e. Consumption
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Q: The catch-up effect refers to the idea that Select one: O a. If investment spending is low,…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: effect
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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
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A: Answer:
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A: As given, C=50+0.35YI=150G=290X=100IM=0.06YTherefore, Aggregate Expenditure=C+I+G+NXwhere, NX=X-IM
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A: Incomes Y1=150 and Y2=100 And r=0.1
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A: AD: Y= C+I+G+NX Y = National Income or output C= Consumption I = Investment G = Government Spending…
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A: HERE we can calculate the given as follow
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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
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- When do net exports of goods and services increase? Net exports of goods and services increase when O A. investment increases B. government expenditure on goods and services increases C. exports of goods and services increase and imports of goods and services increase O D. exports of goods and services decrease but imports of goods and services decrease by more than exports dec ▶When do net exports of goods and services increase? ... Net exports of goods and services increase when O A. investment increases B. government expenditure on goods and services increases C. exports of goods and services increase and imports of goods and services increase O D. exports of goods and services decrease but imports of goods and services decrease by more than exports decWhich of the following best describes aggregate expenditure? O a. C+I+G+ (X+ M) b. C+I+T+(X+M) Oc. C+S+G+ (X- M) Od. C+I+G+(X- M) O e. C+I+T+(X– M)
- Which of these items will increase the level of national income? O a. Higher gross output b. Lower net factor income from abroad O c. Higher intermediate consumption O d. Higher depreciationhich theory of consumption best explains the consumption behavior of consumers of our economy? Question No: 02 [Marks: 10] If the State Bank started printing large quantities of Pakistani Rupees (Rs), what would happen to the number of Pakistani Rupees a dollar could buy? Why? Question No: 03 [Marks: 10] Deseribe the difference batuuean foreian diract investmet and foraion nortfolie invastment Who is mora likelu toQUESTION 6 Potential GDP Aggregate expenditure AE, 45° Y. Real GDP (Y) When real GDP is greater than Yo in the diagram above: O A. - inventories will decrease OB. ·Aggregate expenditure will be less than Real GDP OC. Aggregate expenditure will be equal to Real GDP OD. O D. inventories will increase QUESTION 7 Y G Xn $1,000 $1,400 1,400 1,400 1,400 1,400 $0 $800 -$200 2,500 5,000 7,500 10,000 2,300 3,800 5,300 6,800 1,000 1,000 1,000 1,000 -200 -200 -200 -200 Suppose you are given the data in the table above for a hypothetical economy. All data are in billions of dollars. Yis actual real GDP, and C, Ip, G, and Xn are the consumption, planned investment, government purchases, and net exports components of aggregate expenditures, respectively. Calculate the equilibrium GDP (give your answer in billions of $) Aggregate Expenditure
- In the GDP equation, business spending is referred to as: O Consumption Investment O Government O Net ExportsDuring the recession of 2007-2009 in the United States, relative to potential GDP. Select one: O a. net export spending rose and consumption spending declined Ob. business fixed investment spending rose and net export spending declined O c. consumption spending rose and residential construction spending declined O d. federal government purchases rose and changes in business inventories declinedThe difference between planned and unplanned spending is Select one: O a. always negative O b. unplanned changes in inventories O c inventories O d. always positive
- Which of the following statements is true about GDP as a measure of a country's economic healt? Select one: O a. It does not include the services produced in a country O b. It includes profits from companies' overseas operations O c. It does not include profits earned by foreign companies within the country being measured O d. It essentially takes into account the concept of GDP in relation to population O e. It measures only those goods and services made within a countryThe University of Chicago, a privately-owned school, is currently building a new hospital. This will be classified in U.S. GDP as because O consumption; it-will provide medical services to consumers O net exports; most construction workers are foreigners O government purchases; the construction constitutes government expenditure O investment; it increases the capital stockItem Consumption expenditure. Investment Government expenditure on goods and services Exports of goods and services Imports of goods and services 8. Based on the data in the table, what does GDP equal? O $11,183 billion O $11.023 billion O $11.103 billion O $12.393 billion Billions of Dollars 8180 1520 1403 1290 1370