Practice capers Problem 1 Income (Y)Consumption (C)Saving (S)Investment (I)TE 9,0001,3002,500 11,0001,7002,500 13,0002,500 15,0002,500 17,0002,500 19,0002,500 a) What is the exercise function? attain that it takes the standard form (C = a + b YD). b) Fill in the bow above. c) What is the equilibrium take take? d) If the current widening level is 14,000, what would likely happen to the output level near year? Why? e) By how ofttimes will the equilibrium output level increase (decrease) if the plotted investment go by 500? Problem 2 use the pursual hypothetical data: Population550,000 perfect employed full-time300,000 Total employed part-time75,000 Discouraged workers40,000 Total unemployed45,000 a) count the size of the labor draw b) Compute the unemployment ramble c) Compute labor force fraternity rate d) If unemployment rate increased by 2%, what depose you say about the actual gross domestic point of intersec tion?
Problem 3 Symbols:? = Up? = Down = No feat? = Uncertain affair the above symbols to fill in the table below: Observations feat on MsMdrIYC ply increases reserve proportion The government cuts taxes Net effects Problem 4 YearNominal GDPCPI 19802789.582.4 19905803.1130.7 20009268.4166.6 habituate the data in the table above to answer the side by side(p) questions. Compute the rate of inflation between 1990 and 2000 Compute 1980 authoritative GDP in 1990 prices Compute 2000 real GDP in 1990 pricesIf you want to swallow a full essay, order it on our website:
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