Q23 23A small economy starts the year with $1 million in capital. During the course of the year, gross investment is $150,000 and depreciationis $50,000.How big is the economy's stock of capital at the end of the year v (Click to select)$1,150,000$850,000$800,000$1,000,000$1,100,000

The economy has a capital equal to $ 1 million, an investment equal to $ 150,000 and depreciation…

Answered: A small economy starts the year with $1…

Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781305971509

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: Savings,investment And The Financial System

Section: Chapter Questions

Problem 3CQQ

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Figure: Supply of Loanable Funds) Use Figure: Supply of Loanable Funds. When the interest rate rises from 6% to 8%, the: Interest -ate (%) 12 10 8 6 4 2 S 0 10 20 30 40 50 60 70 80 90 Loanable funds (billions of dollars) O quantity of loanable funds supplied falls by $20 billion. supply of loanable funds falls by $10 billion... quantity of loanable funds supplied rises by $20 billion. O supply of loanable funds rises by $20 billion.
8- A person’s disposable income decreases, and his personal income remains unchanged. This is because of ______. a. Decreased personal taxes b. Increased personal taxes c. Increased corporate taxes d. Unemployment reasons
ADVANCED ANALYSIS Linear equations for the consumption and saving schedules take the general form C= a+ bY and S=-a+ (1- b) Y, where C, S, and Yare consumption, saving, and national income, respectively. The constant a represents the vertical intercept, and b represents the slope of the consumption schedule. a. Use the following data to substitute specific numerical values for a and b in the consumption and saving equations. National Income (Y) Consumption (C) $ 70 100 140 210 200 300 280 350 480 Instructions: If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers: b. What is the economic meaning of b? MPC What is the economic meaning of (1- 6)?
Household saving = $200, Business Saving = $400, Government Purchases = $100, Government transfer & interest payments = $100, tax revenue = $150, GDP = $2,200. What is the National savings rate? a.) 100% b.) 75% c.) 50% d.) 25%
4. Which of the following is not an intangible? Group of answer choices Patents Trademarks Investments Copyrights 5. What must happen for goodwill to be recorded as an asset on an accounting balance sheet? Group of answer choices A company has a good reputation A company buys another company for more than the value of the individual assets and liabilities A company has good brands A company does good deed
37 Assume that a manufacturer of stereo speakers purchases $60 worth of components for each speaker. The completed speaker sells for $120. The value added by the manufacturer for each speaker is
6. Use the following table to answer the question: Items Cash receipts from farm marketing Receipts of government payments Other income from farm sources Production expenses Value of real estate assets Items Value of non-real estate assets Financial assets Liabilities a. What is the Gross Farm Income? b. What is the Net Farm Income? Dollar $750,000 $150,000 $100,000 $400,000 $10 million Dollar $2 million $4 million $9 million
Given Table 12-5 below, fill in the values for saving. Assume there are no taxes. Table 12-5 National Income $7,500 8,000 8,500 9,000 Consumption $5,400 5,800 6,200 6,600 Use the editor to format your answer Saving
270 200 130 60 450 100 200 300 Aggregate income (Y) Figure 8.3 Refer to Figure 8.3. For this society, aggregate saving is positive if aggregate income is .above zero .a between $0 and $150 billion .b O .c O .equal to $200 billion .above $200 billion .d O Aggregate consumption (C)
1. Tina is the sole owner of Tina's Lawn Mowing, Incorporated (TLM). In one year, TLM collects $1,000,000 from customers to mow their lawns. TLM's consumption of fixed capital (depreciation) is $125,000. TLM pays $600,000 to its workers, who pay $140.000 in taxes on this income. TLM pays $50,000 in corporate income taxes and pays Tina a dividend of $150,000. Tina pays taxes of $60,000 on this dividend income. TLM retains $75,000 of earnings in the business to finance future expansion. How much does this economic activity contribute to each of the following? a. GDP b. NDP c. National income d. Compensation of employees e. Proprietors' income f. Corporate profits g. Personal income h. Disposable personal income
Question 1 Suppose the information below shows aggregate values for a hypothetical economy. Real GDP is equal to potential GDP. All figures are billions of dollars. Potential GDP Net tax revenue Government purchases = = = 950 = 125 140 Desired Investment Desired consumption (a) What is the level of private saving? (b) What is the level of public saving? (c) What is the level of national saving? (d) Is the interest rate at its equilibrium level? Provide a justification. 10 800
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A small economy starts the year with $1 million in capital. During the course of the year, gross investment is $150,000 and depreciation is $50,000. How big is the economy's stock of capital at the end of the year (Click to select) $1,150,000 $850,000 $800,000 $1,000,000 $1,100,000