Maroeconomics

Question 02:
Consider an economy described by the following equations:
Y=C+I+G
Where, Y = 6,000, G = 2,000, T = 2,000
C = 300 + 0.50 (Y-T)
I = 2,000 – 60r
In this economy, compute:
a. Private saving
b. Public saving
c. National saving
d. The equilibrium interest rate
e. The amount of equilibrium level of investment

  1. 👍 0
  2. 👎 0
  3. 👁 64
asked by Abdul

Respond to this Question

First Name

Your Response

Similar Questions

  1. macro

    I need help with this question and am a student here. Can you PLEASE show me how to do this?? QUESTION Consider an economy described by the following equations: Y=C+I+G Y=500 G=1,000 T=1,000 C=250+0.75(Y-T) I=1,000-50r a.In this

    asked by greg on October 20, 2007
  2. econ--HELP!!

    QUESTION Consider an economy described by the following equations: Y=C+I+G Y=500 G=1,000 T=1,000 C=250+0.75(Y-T) I=1,000-50r a.In this economy, compute private saving, public saving, and national saving. b. Find the equilibrium

    asked by greg on October 21, 2007
  3. finance

    Austin Electronics expects sales next year to be at $900,000 if the economy is strong, $650,000 if the economy is steady, and $375,000 if the economy is weak. The firm believes there is a 15 percent probability the economy will be

    asked by Mary on May 26, 2011
  4. finance

    Austin Electronics expects sales next year to be at $900,000 if the economy is strong, $650,000 if the economy is steady, and $375,000 if the economy is weak. The firm believes there is a 15 percent probability the economy will be

    asked by Mary on May 26, 2011
  5. Adv. Alg. w/Trig.

    I need help writing equations for these two word problems: 1. On June 30th, Mr. Hester will be given $1,000,000 and in July, Mr. hester will be paid $100,000 per day. 2. On June 30th, we will set up an account for Mr. Hester

    asked by Courtney on May 28, 2007
  6. algebra - exponentials

    My question is how do I know that N increases by a factor of 2.9 each day. (see below) Let N(t) be number of bacteria after t days. N(t) = Pa^t for some constants P and a. N(2) = 5400 and N(6)=382,000. a)before working problem,

    asked by Nilan on November 6, 2011
  7. history

    What type of economy eventually led to the soviet union's collapse? 1) a devolping world economy 2)a non surplus economy 3)a command economy 4)a demand economy i choose 3

    asked by Ciara's Sister on December 16, 2011
  8. Social Studies 30 Socialism

    Question reads "There are a large number of supporters for the command economy and welfare state. A question arises as to which system is better. Suppose you are required to support the position that the command economy is vastly

    asked by Alexius on March 3, 2009
  9. math

    im in sixth grade and im confused with this question.there are 44,000 people living in salem.(16,000~workers :2,000~preschoolers : 13,000~students : 4,000~retirees : 8,000~homemakers : 1,000~unemployed) *what fraction of the

    asked by alicia on October 6, 2011
  10. Math

    I am stuck on trying to figure out how to do this question. Could someone please show me 5 necessary steps ? Thank you. Here is how the assignment question is worded. Select any two integers between -12 and +12 which will become

    asked by Tiffany on February 9, 2011

More Similar Questions