Question : 71) The above table gives data for the nation of : 1238154

 

71) The above table gives data for the nation of South Hampton. There are no imports into or exports from South Hampton. If real GDP is equal to $900 billion, then

A) aggregate planned expenditure is greater than real GDP.

B) aggregate planned expenditure is less than real GDP.

C) this is the equilibrium level of real GDP.

D) aggregate planned expenditure is equal to real GDP.

E) aggregate planned expenditure will need to decrease to reach the equilibrium.

 

72) The table above gives data for the nation of Mosh. The MPC of the economy is

A) 1.

B) .75.

C) .80.

D) .90.

E) indeterminate with the information provided.

73) The table above gives data for the nation of Mosh. The amount of autonomous expenditure is

A) $4 trillion.

B) $1.5 trillion.

C) $4.5 trillion.

D) $9.0 trillion.

E) not shown in this table.

74) The table above gives data for the nation of Mosh. If real GDP is $6 trillion, then

A) firms decrease production because inventories exceed their target levels.

B) firms increase production because inventories are less than their target levels.

C) the economy has reached equilibrium and no change in production will occur.

D) firms increase production because inventories exceed their target levels.

E) We need more information to determine whether firms increase, decrease, or do not change their production.

75) The table above gives data for the nation of Mosh. If real GDP is $10 trillion, then

A) firms decrease production because inventories exceed their target levels.

B) firms increase production because inventories are less than their target levels.

C) the economy has reached equilibrium and no change in production will occur.

D) firms decrease production because inventories are less than their target levels.

E) We need more information to determine whether firms increase, decrease, or do not change their production.

76) The table above gives data for the nation of Mosh. In Mosh, equilibrium expenditure equals

A) $4 trillion.

B) $6 trillion.

C) $9 trillion.

D) $7 trillion.

E) $10 trillion.

77) The table above gives data for the nation of Mosh. If we graphed these data, we would see that when GDP equals

A) $6 trillion, the AE curve is below the 45° line.

B) $10 trillion, the 45° line is above the AE curve.

C) $9 trillion, the AE curve intersects the 45° line.

D) $4 trillion, the AE curve intersects the 45° line.

E) $10 trillion, the AE curve intersects the 45° line.

78) The table above gives data for the nation of Mosh. If real GDP is $9 trillion, then unplanned inventory change equals

A) 0.

B) $5.5 trillion.

C) $1.25 trillion.

D) $5 trillion.

E) $9 trillion.

 

79) In the figure above, if real GDP is $20 trillion, aggregate planned expenditure is ________ $20 trillion and unplanned inventory changes are ________.

A) less than; positive

B) equal to; equals to zero

C) less than; negative

D) equal to; negative

E) equal to; positive

80) In the figure above, if real GDP is $10 trillion, aggregate planned expenditure is

A) less than $10 trillion and unplanned inventory changes are positive.

B) equal to $10 trillion and there are no unplanned inventory changes.

C) more than $10 trillion and unplanned inventory changes are negative.

D) equal to $10 trillion and unplanned inventory changes are negative.

E) equal to $10 trillion and unplanned inventory changes are positive.

 

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more