In Macroland autonomous consumption equals 100 the marginal propensity to

# In macroland autonomous consumption equals 100 the

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53.In Macroland autonomous consumption equals 100, the marginal propensity to consume equals .75, net taxes are fixed at 40, planned investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20. Short-run equilibrium output in this economy equals: A. 387B. 1000C. 1150D.1160 AACSB: Analytical Skills Blooms: Application Frank - Chapter 21 #53 Learning Objective: 21-03 Analyze, using graphs and numbers, how an economy reaches short-run equilibrium in the basic Keynesian model. Section: Short-Run Equilibrium Output

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54.Data on output and planned aggregate expenditure in Macroland are given below.Based on these data the short-run equilibrium level of output is _____. AACSB: Analytical Skills Blooms: Application Frank - Chapter 21 #54 Learning Objective: 21-03 Analyze, using graphs and numbers, how an economy reaches short-run equilibrium in the basic Keynesian model.
Section: Short-Run Equilibrium Output

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55.Data on output and planned aggregate expenditure in Macroland are given below.Based on these data the short-run equilibrium level of output is _____. AACSB: Analytical Skills Blooms: Application Frank - Chapter 21 #55 Learning Objective: 21-03 Analyze, using graphs and numbers, how an economy reaches short-run equilibrium in the basic Keynesian model.
Section: Short-Run Equilibrium Output 56.In the short run with predetermined prices, when output is greater than planned aggregate expenditure: AACSB: Analytical Skills Blooms: Understanding Frank - Chapter 21 #56 Learning Objective: 21-03 Analyze, using graphs and numbers, how an economy reaches short-run equilibrium in the basic Keynesian model. Section: Short-Run Equilibrium Output

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57.In the short run with predetermined prices, when output is less than planned aggregate expenditure: A. potential output is greater than short-run equilibrium output.B. potential output is less than short-run equilibrium output.C. planned investment is less than actual investment.D.planned investment is greater than actual investment. AACSB: Analytical Skills Blooms: Understanding Frank - Chapter 21 #57 Learning Objective: 21-03 Analyze, using graphs and numbers, how an economy reaches short-run equilibrium in the basic Keynesian model. Section: Short-Run Equilibrium Output

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• Fall '14
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