lakingoland9572 lakingoland9572

27-12-2022
Business

Answered

suppose real gdp is $800 billion when the mpc is 0.80, and people decide to increase their saving by $30 billion. before this change, the economy was in equilibrium with people intending to save $100 billion and producers intending to invest $100 billion. the new equilibrium level of real gdp is:

Answer :

Other Questions

if the stock of money is $60 billion, velocity is 5, and real output is $100 billion, what is the price level?

nflation is defined as an increase in a. all consumer products. b. the average price level. c. real gdp. d. real wages of workers.

4. which is a better indicator of growth in job opportunities: an increase in nominal gdp or real gdp?

if the base year is 2000, how do nominal and real gross domestic product (gdp) change between 2000 and 2004?

if the expenditure schedule must be shifted downward to reach potential gdp, then the economy is experiencing a(n)

what is the real interest rate for a bond that's yielding 6%, while the level of inflation is 2%, and the prime rate is 5%?

assuming consumers like to enjoy movies, soda, and popcorn together, how does this impact the equilibrium price and quantity of popcorn?

ali wants to buy a new laptop. he writes down a goal of saving $1,200. what detail is this goal missing?

a) right, lowering the price level. b) left, raising the price level. c) left, lowering the price level. d) right, raising the price level.

in a weaker economy, some high-end brands may seek to become more attractive to additional customer segments. one way to do this is to