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In Econland,the components of planned aggregate expenditure are given by:
C = 500 + 0.75(Y - T) - 500r
I = 300 - 500r
G = 400
NX = 30
If net taxes equal 40 and the central bank sets the interest rate at 0.04 (4%) ,what is short-run equilibrium output?
Total Assets Turnover
A financial ratio that measures how effectively a company uses its total assets to generate sales revenue.
Net Working Capital
The difference between a company's current assets and current liabilities, indicating its short-term financial health.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within a year's time, such as cash, inventory, and receivables.
Current Liabilities
Short-term financial obligations that a company owes and is expected to pay within one year or its operational cycle, whichever is longer.
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