1,000 900 800 700 600 500 400 Consumption ($ billions per year) 300 200 100 45° 0 100 200 300 400 500 600 70000 1,100 900 1,000 Disposable Income ($ billions per year) The autonomous consumption represented by the consumption function (green line) is: O $600 billion $700 billion O $300 billion
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- 6000 S000 45-degree line 4000 3000 Consumption 2000 1000 1000 2000 3000 4000 5000 6000 Disposable personal income per period (billions of dollars) What is the autonomous level of consumption (give your answer in billions dollars) Consumption per period (billions of dollars)Suppose the level of GDP happens to be 1000, what is the amount of : Household saving? GDP TAX DI NE AE (NI) Ir400 (Ca-400 MPC-0.8) G-1,000 (10% of X-500 (rate 20%) GDP) 1,000 2,000 3,000 4,000 5,000 6,000 O 200 O -240 -400Expenditures 4000 3000 2000 1000 1000 2000 3000 4000 Disposable Income When disposable income is 2,500, induced consumption is Multiple Choice 500 O. 500 1000
- The following data give the dates of successive turning points in economic activity and the corresponding levels of real GDP at the time. Tuning Point Date Real GDP (1996 S bilons) 1992.2 1941.0 2182.7 2117.4 2391.0 (A) (B) July 1963 May 1954 Apr. 1957 Apr. 1958 Apt. 1960 (D) (E) The following data give the dates of successive turning points in economic activity and the corresponding levels of real GDP at the time. Which of the following periods is an expansion? Select one: O a. July 1953 through April 1957 b. May 1954 through April 1958 c. July 1953 through May 1954 d. May 1954 through April 1957(constant dollars) Prooucivty using 2010 bschnsogy $120,000 90 c00 Productny using 1H6 technsingy 10 20 30 40 50 80 70 80 se 100 Physical capital per worker (2000 dollars) Reference Ret (Figure: Technological Progrdss and Productivity Growth) If there is an increase in physical capital per worker (all other factors remaining unchanged), it would be best indicated by a move from: a) B to C. O b) C to B. O) A to B. O d) B to A. dtvook The table below shows some of the expenditure amounts in the economy of Arkinia. The MPC, the MTR, and the MPM are all constant, as are the values of the three injections. a. Complete the table below. Mc Graw Hill 10 Y 0 108 200 300 400 500 600 700 800 S T 800 201 40 60 80 100 120 140 160 180 YD 60 20 140 220 300 380 460 540 620 C 65 130 195 260 325 390 455 520 S The Economy of Arkinia -20 -5 10 40 25 55 70 100 85 I 50 50 50 50 50 50 50 50 50 Tools O Search G < Prev 180 180 180 180 180 180 180 180 180 X 50 50 50 50 50 50 10 of 10 50 50 50 AT IM www 40 50 60 10 20 30 70 Next 80 90 XN 38 30 -40 Draw a 45° line (labelled Y) and the aggregate expenditure function, labelled AE₁. Identify expenditure equilibrium with the letter e₁. Use the tool "el" to show the expenditure equilibrium. Plot only the endpoints of Y and AE. Once all points have been plotted, click on the line (not individual points) and a tool icon will pop up. You can use this to enter exact co-ordinates for your points…
- - Student Portal MyCC & CC Ema X 2ECON100C Assignment 1: Attem X i mycc.coquitlamcollege.com/mod/quiz/review.php?attempt-203068&cmid 143217 Harveer Kaur Bran MYCC MyCC Library CC Student Portal English (en) 1.00 Peducton 15 P Flag question 14 ronter 12 6 Coll phones (millons per year) Cell phones (milllons) 3 4 DVDS (millons) 15 14 12 9 5 Possibiity D The figure above shows a production possibilities frontier. In the figure, when the economy moves from point E to point D, what is the opportunity cost of a DVD? Select one: ENG US10. RTOPIC: ENGINEERING ECONOMICS PLEASE ANSWER IN 4 DECIMAL POINTS. The manager of Petro North gasoline service station wants to forecast the demand for unleaded gasoline next month so that the proper number of gallons can be ordered from the distributor. The manager has accumulated the sales data and forecast accuracy measures during the past 10 months, which are shown in the table below. Fill all blank spaces in the table labeled a through f. Month Feb Mar Apr May Jun Jul Aug Sep Oct Nov 3-month Simple Moving Average N/A N/A N/A 1310.00 1340.00 1443.33 1566.67 1800.00 a 1673.33 Sales (in gallons) 1130 1360 1440 b 1670 1810 1920 1630 1470 1510 MAD N/A N/A N/A 90.00 210.00 262.22 С 262.00 271.11 255.71 MAPD N/A N/A N/A 0.074 d 0.167 0.172 0.159 0.167 0.159 MSE N/A N/A N/A 8100 58500 e 94072 81038 84245 76021 CE N/A N/A N/A -90 240.00 606.67 960.00 790.00 f 310.00
- 21.3 Exercises 21.1 Table 21.1 shows the total area, sun hours per day and energy consumption of five different countries. (a) If a PV system of 270W, is installed in each of these locations, in which country would it be best to place the panels to obtain the maximum output? Table 21.1 Country Area (km?) Daily sun hours Energy consumption (MWh/year) United States 9 826 675 4.0 3 886 400 000 India 3 287 263 5.0 959 070 000 Brazil 8 515 767 4.5 455 700 000 Spain 505 992 4.5 267 500 000 United Kingdom 243 610 2.5 344 700 000 (b) Now let us take a look at the United States. How much area, as a percentage of the total area of the US, would be needed to cover the total annual energy demand of the country with solar panels having an efficiency of 15%? (c) Which of the five countries would need to cover the highest percentage of their area with solar panels to supply all their electricity demand with solar energy? (d) Which of the five countries would need to cover the lowest percentage of…EXERCISE-8 PRESENT ECONOMY 3. A paint manufacturing company uses a sand mill for fine grinding of paint with an output of 100 liters per hour using glass beads as grinding media. Media load in the mill is 25 kg costing P200.00 per kg. and is fully replenished in two months time, at 8 hours per day operation, 25 days per month. A ceramic's grinding media is offered to the paint company, costing P400.00 per kg and needs 30 kg load in the sand mill, but guarantees an output of 120 liters per hour and full replenishment of media in 3 months. If a profit on paint production is P15.00 per liter, find the difference in the net profit between the glass bead and ceramics grinding media. 8hre per day cperafon, 2S doye perPlanned Consumption B 40 30 20 3075 13 10 10 (A) are 0.83 and 0.17, respectively. B) are 0.75 and 0.25, respectively. (c) are 0.90 and 0.10, respectively. (D) depend on the level of income. 20 30 D www 40 Real Disposable Income/Year Refer to the above figure. The marginal propensity to consume, and the marginal propensity to save