Examlex
Suppose output is $35 billion,government purchases are $10 billion,consumption is $15 billion,and net exports are $4 billion.Assume net factor payments equal 0.
(a)Calculate the equilibrium amount of investment.Show your work.
(b)Calculate the equilibrium amount of absorption.Show your work.
(c)Calculate the equilibrium amount of the capital and financial account balance.Show your work.
Q4: Describe the major features of the business
Q17: The CPI may overstate inflation for all
Q26: Economists use the term shocks to mean<br>A)unexpected
Q29: Consider an economy that has the following
Q42: If all international factor payment flows are
Q45: By 1937,when a new recession began in
Q48: A temporary adverse supply shock directly causes<br>A)a
Q63: Why did some of the formerly Communist
Q74: If the price index was 100 in
Q96: The IS-LM model predicts that a temporary