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? scoop up that it takes the standard form (C = a + b YD). b) Fill in the put off above. c) What is the chemical equilibrium take take? d) If the current takings level is 14,000, what would likely happen to the output level succeeding(prenominal) year? Why? e) By how ofttimes will the equilibrium output level increase (decrease) if the plotted investment fall by 500? Problem 2 use the adjacent hypothetical data: Population550,000 perfect occupied full-time300,000 Total employed part-time75,000 Discouraged workers40,000 Total unemployed45,000 a) count the size of the labor tie b) Compute the unemployment ramble c) Compute labor force fight rate d) If unemployment rate increased by 2%, what posterior you say about the actual g ross domestic production?
Problem 3 Symbols:? = Up? = Down = No act? = Uncertain affair the above symbols to fill in the table below: Observations feat on MsMdrIYC ply increases reserve balance The government cuts taxes Net effects Problem 4 YearNominal GDPCPI 19802789.582.4 19905803.1130.7 20009268.4166.6 enjoyment the data in the table above to answer the pursuance questions. Compute the rate of inflation between 1990 and 2000 Compute 1980 true(a) 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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