Please complete the problem set that is attached and upload for grading MACRO ECONOMICS EXERCISE
Place your order today and enjoy professional academic writing services—From simple class assignments to dissertations. Give us a chance to impress you.
Order a Similar Paper
Order a Different Paper
Please complete the problem set that is attached and upload for grading
MACRO ECONOMICS EXERCISE
CHAPTER 9
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines
Order Paper NowGiven the following information about a hypothetical economy, complete the table below. Graph the consumption function. (Include a 45 degree line and indicate the level of equilibrium GDP)
Assume Gross Private Domestic Investment “I” = $160
GDP=DI C S I Aggregate Demand
800 840 ____ ______ ________
900 920 ____ ______ ________
1500 1400 _____ ______ _________
1800 1640 _____ ______ __________
2000 1800 _____ _______ __________
2400 2120 _____ ______ __________
Plot the 45 degree line and the Consumption Function.
Break Even is at $ _________
Numerically, given only C + I = AD in the economy, the Macro Economic Equilibrium is at $ ________
Given this information, calculate the MPC and MPS
MPC = ________
MPS = _________
