HW 04 ECON 104 macroeconomic analysis.pdf - Homework...

This preview shows page 1 - 5 out of 25 pages.

Due Oct 20 at 11:59pm Points 100 Questions 60 Available until Oct 21 at 4am Time Limit None Attempt Time Score LATEST Attempt 1 61 minutes 90.5 out of 100 Correct answers will be available on Oct 21 at 11:59pm. Score for this quiz: 90.5 out of 100 Submitted Oct 20 at 9:22pm This attempt took 61 minutes. Homework 04 Lessons 06 and 07 100 points This homework is composed of multiple choice, fill-in-the-blank and true/false questions. Select or enter your responses for each question. There is no time limit. It will be available for review starting the day after the assignment is due. 3 / 3 pts Question 1 Part 1: AE Problem (11 questions worth 3 points each for a total of 33 points). FOR FILL-IN-THE-BLANK questions: If your answer is in decimal form, round to 2 decimal places. For example, if your answer is .412, enter it into the fill-in-the- blank as .41, or if your answer is 1.415, enter it into the fill-in-the-blank as 1.42. If there are no decimals in your answer, you will simply enter the number; so if your answer is 2, enter 2 with no decimals. Do not enter any extra spaces, do not enter commas or $ or % symbols. Homework 04: [19FA] ECON 104, Sec 003: Macroeconomic Analysis ... 1 of 25 10/20/2019, 9:22 PM
Suppose the initial conditions of the economy are characterized by the following equations in black font. We then shock the economy as shown in the red font 1) C = a + a (Y-T) + a (WSM) + a (WRE) + a (CC) + a (r) 1’) C = a + a (Y-200) + a (10,000) + a (15,000) + a (120) + a (3) . 0 1 2 3 4 5 0 1 2 3 4 0 1 2 3 4 5 5 Homework 04: [19FA] ECON 104, Sec 003: Macroeconomic Analysis ...
2) I = b + b AS + b CF + b (r) 2’) I = b + b (140) + b (1500) + b (3) 0 1 2 3 0 1 2 3 0 1 2 3
3 / 3 pts Question 2 What is the value of Investment: I = ________ 2 of 25 10/20/2019, 9:22 PM
3) G = G 3’) G = 200 4) X-M = X-M 4’) X-M = -200 4’) X-M = -400 5) AE = C + I + G + X-M Where: a = 50, a = .80, a = .05, a = .10, a = .5, a = -400, b = 100, b = .5, b = .2, b = -50 Use the initial conditions above to get expressions for the Consumption function, Investment and the AE equation. Fill in the intercept and slope values to correctly complete the consumption function: C = + 0 1 2 3 4 5 0 1 2 3 Y
3 / 3 pts Question 3 Fill in the intercept and slope values to correctly complete the AE equation: AE = + Y Homework 04: [19FA] ECON 104, Sec 003: Macroeconomic Analysis ...
3 / 3 pts Question 4 The value of equilibrium output (Y) = _______ 3 / 3 pts Question 5 The value of equilibrium consumption (C) = ______ 3 of 25 10/20/2019, 9:22 PM
3 / 3 pts

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture