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
*
Consider the following numerical example of the Keynesian model with no government spending ,taxes or a foreign sector (all figures in R millions): C = 100 + 0,9Y I = 50 Answer the following question. 1. What is the value of the marginal prosperity to consume (MPC) in this model? (2 marks) 2. Use a graph to illustrate the equilibrium level of output. (5 marks) 3. Calculate the equilibrium level of output. (5 marks ) 4. In equilibrium ,what is the value of consumption spending?use this number to verify that the sum of C and I in equilbrium equals the value for equilbrium output you obtained above(2 marks) 5. What is the value of the. Multiplier in this economy?(1 mark) 6. Suppose the level of output that creates full employment in the economy is 1800. Using the multiplier,determine the level of investment spending that would create full employment in the economy. (3 marks)
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
