My orders
How it works
Examples
Reviews
Blog
Homework Answers
Submit
Sign in
How it works
Examples
Reviews
Homework answers
Blog
Contact us
Submit
Fill in the order form to get the price
Subject
Select Subject
Programming & Computer Science
Math
Engineering
Economics
Physics
Other
Category
Microeconomics
Finance
Accounting
Macroeconomics
Economics of Enterprise
Other
Deadline
Timezone:
Title
*
Task
*
Team Justice economy has exports of K6000 and marginal propensity to import of 0.2. Its autonomous imports are K5000 while the tax rate is 20% of income. Investment spending is K1500, autonomous savings is negative (–) K2500 and the marginal propensity to save is 0.5. a. Write down: i. The import function for the economy ii. The consumption function for the economy b. What is the value of total autonomous expenditure? c. What is the value of the multiplier for this economy? i) When closed without government . ii) When closed with government iii) When the economy is open d. What is the value of induced consumption expenditure at the equilibrium level of income? e. What is the value of the budget deficit or surplus at the equilibrium level of income? f. What is the value of Net exports or trade balance at the equilibrium level of income? g. Given that full employment is reached at a level of 14, 300, by how much should we change investment so as to achieve full employment income?
I need basic explanations
Special Requirements
Upload files (if required)
Drop files here to upload
Add files...
Account info
Already have an account?
Create an account
Name
*
E-mail
*
Password
*
The password must be at least 6 characters.
I agree with
terms & conditions
Create account & Place an order
Please fix the following input errors:
dummy
