Calculate national saving at each level of national income

Assignment Help Econometrics
Reference no: EM131142028

In the economy of Consumerland, national income and consumption are related in this way

1932_e17160b0-0c06-422c-8c66-105be3522139.png

calculate national saving at each level of national income. What is the marginal propensity to consume in Consumerland? What is the marginal propensity to save? If national income rose to $2,000, what do you predict consumption and saving would be?

Reference no: EM131142028

Questions Cloud

Find the gmr of a stranded conductor : Find the GMR of a stranded conductor consisting of six outer strands surrounding and touching one central strand, all strands having the same radius r
What is the break-even point is sales dollars : What is the break-even point is sales dollars? -  What is the overall contribution margin percentage for the product line?
Determine the inductance : Determine the inductance in H/m and the inductive reactance in Ω/km.
What is the value of the equity in this firm : The company has a pure discount loan outstanding that matures in one year. The face value of the loan is $800,000. The risk-free rate of return is 5 percent and the inflation rate is 3.5 percent. What is the value of the equity in this firm?
Calculate national saving at each level of national income : calculate national saving at each level of national income. What is the marginal propensity to consume in Consumerland? What is the marginal propensity to save? If national income rose to $2,000, what do you predict consumption and saving would be..
State that every that every flip of the coin is independent : This statement should state that every that every flip of the coin is independent and for each flip for unbiased coin head and tail are unequal likely.
What is the variance of the portfolio : The probability of a boom is 30 percent while the probability of a recession is 20 percent. What is the variance of the portfolio?
Capacitance-to-neutral and capacitive reactance-to-neutral : Find the capacitance-to-neutral and capacitive reactance-to-neutral for each 1-mile length of line -  total three-phase reactive power supplied by the line capacitance.
What are the components of aggregate expenditures : What are the components of aggregate expenditures?

Reviews

Write a Review

Econometrics Questions & Answers

  Describe the intervention and detail its history

Examine externalities and/or unintended consequences of such intervention.

  Show the graphical presentation of exchange for goods

Suppose the firms in the economy were to produce fewer goods and services .How do you think would affect house hood spending on goods and services(use the circular flow model to analyze this question)

  Calculate the equilibrium level of income

Assume that the consumption schedule for a private open economy is such that consumption C=50+0.8Y. Assume further that planned investment Ig and net exports Xn are independent of the levelof real GDP and constant at Ig=30 and Xn=10.

  Determine the total tax

Suppose the demand for a product is given by P = 40 - 4Q. Also, the supply is given by P = 10 + Q. If a $10 per-unit excise tax is lecied on the buyers of a good, then after the tax buyers will pay how much for each unit of the good.

  Calculate the dividend yield and the capital-gains yield

A stock was priced at $150 per share at the end of 1999. The following table shows dividends per share paid during each year and the price of the stock at the end of the year for the following four years year divedends paid during year stock price ..

  What is the per-worker production function

Assume that 10 percent of capital depreciates each year. What gross saving rate is necessary to make the given capital-labor ratio the steady-state capital-labor ratio (Hint: In a steady state with no population growth or technological change.

  Evaluate overall explanatory power of regression model

Evaluate the overall explanatory power of the regression model. Use a 0.05 level of significance. State all your hypotheses and explain your results. Do not use rules of thumb. calculate the F statistic to answer this question.

  Explain will ann change the amount of ice cream and books

Ann's only income is her annual college scholarship, which she spends exclusively on gallons of ice cream and books. Last year, when ice cream cost $10 and used books cost $20, Ann spent her $250 scholarship on 5 gallons of ice cream

  Is the term structure upward sloping or downward sloping

Term structure information can also be found in other places on the web. Is the term structure upward sloping, downward sloping, or flat? Why do you think this would be?

  Define are gold and silver substitutes or compliments

Where Q is daily sales of gold in troy ounces, P is the price of gold in dollars per troy ounce, i is the most recent one month report on US inflation (in percent), X is and index of the exchange rate of US dollar compared to seven other currencie..

  In what kind of market structure does the firm rent robots

Smiling Cow Dairy can sell all the milk it wants for $4 a gallon, and it can rent all the robots it wants to milk the cows at a capital rental price of $100 a day. If faces the folling productions schedule

  Compute the internal rate of return and net present value

a firm has the oppurtunity to invest in a project having an initial outlay of $20,000. net cash inflows(before depreciation and taxes) are expected to be $5,000 per year for five years. the firm uses the straight-line depreciation method.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd