# Question assume that equilibrium gdp y is 5000

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Question Assume that equilibrium GDP ( Y ) is 5,000. Consumption ( C ) is given by the equation C = 500 + 0.6( Y T ). Taxes ( T are equal to 1,000. Government spending is 600. In this case, equilibrium investment is: ) Answer 600. 1,100. 1,500. 2,200. Pool Canvas folder (3)/CourseCompas...
Add Question Here Multiple Choice 1 points Question Assume that equilibrium GDP ( Y ) is 5,000. Consumption ( C ) is given by the equation C = 500 + 0.6 Y . Investment ( I ) is given by the equation I = 2,000 – 100 r , where r is the real interest rate in percent. No government exists. In this case, the equilibrium real interest rate is:
Add Question Here Multiple Choice 1 points Question Assume that equilibrium GDP ( Y ) is 5,000. Consumption ( C ) is given by the equation C = 500 + 0.6( Y T ). Taxes ( T are equal to 600. Government spending is equal to 1,000. Investment is given by the equation I = 2,160 – 100 r , where ) r 18 of 35 12/8/2012 11:34 uni0645
is the real interest rate in percent. In this case, the equilibrium real interest rate is:
Add Question Here Multiple Choice 1 points Question According to the model developed in Chapter 3, when government spending increases without a change in taxes:
Add Question Here Multiple Choice 1 points Question According to the model developed in Chapter 3, when taxes decrease without a change in government spending: Answer consumption and investment both increase. consumption and investment both decrease. consumption increases and investment decreases. consumption decreases and investment increases.
Add Question Here Multiple Choice 1 points Question According to the model developed in Chapter 3, when government spending increases and taxes increase by an equal amount:
Add Question Here Multiple Choice 1 points Question According to the model developed in Chapter 3, when government spending increases but taxes are not raised, interest rates:
Add Question Here Multiple Choice 1 points Question According to the model developed in Chapter 3, when taxes are increased but government spending is unchanged, interest rates:
Add Question Here Multiple Choice 1 points