Autonomous Consumption R535m Marginal propensity to consume is 0.75 Investment Spending R322m Government Spending R300m Imports R175m + 0.08Y Exports R283m Taxes = 0.1Y
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Autonomous Consumption R535m
Marginal propensity to consume is 0.75
Investment Spending R322m
Government Spending R300m
Imports R175m + 0.08Y
Exports R283m
Taxes = 0.1Y
Full employment level of output is R3 483m
Calculate the value of induced imports in this
economy, given the equilibrium level of output.
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- Explain the relationship between MPL and MC3:35 PM O ll al a 59 % f H.W2.pdf Sx. The mantaly conumpthie Values for rice are Use below:- July Sept. Oct. Nov. June Aug. 28.65 7.85 13.45 21.60 24.30 14.70 Cm Cm Cm Cm Cm Determin the seasonal The consumptive use, The average montaly Consumptive use and average dzily comsumptive use, the beak monthly consumptive use.Autonomous Consumption R535mMarginal propensity to consume is 0.75Investment Spending R322mGovernment Spending R300mImports R175m + 0.08YExports R283mTaxes = 0.1YFull employment level of output is R3 483m Calculate the equilibrium level of income in this economy.
- COVID-19 has has a negative impact on the economy O True O FalseUse for questions 9-11 PRICE LEVEL B LRAS C A D AD₂ QUANTITY OF OUTPUT SRAS, SRAS: AD₁2. Rahim runs a fruit stand where he sells apples and mangoes. Each applecosts BDT 5.00 per piece and each mango costs BDT 8.00. The demand forapples and bananas are described by the following functions, where P a , andP m denotes the price of apples and bananas.Q m = 300-5P a + 3P mQ a = 3P a – 2.5P mWhat prices of mangos and apples Rahim should set in order to maximize profit?
- Identify any three non‐income determinants of consumptionHow do i trace this scenario on the circlar flow model, firms inventories unexpectedely rise?Agricultural price supports result in governments holding large inventories of agricultural products. Why do you think the government cannot simply give the products away to poor people?
- Nimbus, Inc., makes brooms and then sells themdoor-to-door. Here is the relationship between thenumber of workers and Nimbus’s output during agiven day:Workers OutputMarginalProductTotalCostAverageTotalCostMarginalCost0 0 ____ ________ ____1 20 ____ ________ ____2 50 ____ ________ ____3 90 ____ ________ ____4 120 ____ ________ ____5 140 ____ ________ ____6 150 ____ ________ ____7 155 ____ ____a. Fill in the column of marginal products. Whatpattern do you see? How might you explain it?b. A worker costs $100 a day, and the firm has fixedcosts of $200. Use this information to fill in thecolumn for total cost.c. Fill in the column for average total cost. (Recallthat ATC T 5 C Q/ .) What pattern do you see?d. Now fill in the column for marginal cost.(Recall that MC TC 5 D ∆ / Q.) What patterndo you see?e. Compare the column for marginal productwith the column for marginal cost. Explain therelationship.f. Compare the column for average total costwith the column for marginal cost. Explain…Prepare a SWOT analysis using the details below. Maria is planning to open up a Cafeteria near her house. She closed her previousCafeteria few months ago because the rental keeps getting higher and the income is decliningbecause of the COVID19 pandemic. It came up to her the idea to open again since a lot ofpeople are asking for online delivery of their favorite snacks offered in her shop since most ofthe people would stay at home and would prefer food delivered in their doorsteps. Since sheowned a vacant lot near her house, and she thought that re-opening her shop in that locationwould be a great idea and she will not pay rentals anymore. And her Café Services will stillcontinue but with the added services like the Food Panda does.Suppose that a simple economy consists of three sectors: Sector X, Y and Z. Given the input-output table below for the 3 sectors. Sector X Sector Y Sector Z External Demand Sector X 0.4 0.6 72 Sector Y 0.4 0.3 0.2 150 Sector Z 0.1 0.4 58
