Government ling=R500
rts: R300
Autonomous consumption =R200
Autonomous imports =0
Investment expenditure re=R100
Marginal propensity to consume =0,6
Marginal propensity to import =0,1
Proportional tax rate = 0, 25
Aggregate autonomous expenditure (A) is equal to
O a. R200.
O b. R300.
O c. R500.
O d. R800.
e. R1 100.
Use the following information to solve questions.
Total income =40 000
Autonomous consumption =10 000
c = 0.7
Tax rate =0.35
Disposable income is...
O a. 11 600
O b. 26 000
O c. 14 000
O d. 18 200
Given a consumption function C=1 000+0,4Y with a proportional income tax rate of 40%, what is the multiplier? Round off your answer to two digits after the decimal.
O d. 2,78
O c. 2,50
O b. 1,70
a. 1,32
Which statement is correct?
O a. Government cannot increase the equilibrium level of income by increasing government spending.
O b. Government can increase the equilibrium level of income by increasing taxes.
O c. Government can decrease the equilibrium level of income by decreasing taxes.
O d. Government can reduce the equilibrium level of income by increasing government spending.
O e. Government can reduce the equilibrium level of income by decreasing government spending.
The introduction of taxes to the Keynesian model...
O a. Increases investment spending at each positive level of income.
O b. Cause the slope of the consumption curve to become steeper.
O e. Causes the consumption function to shift parallel downwards.
O d. Causes the consumption function to shift parallel upwards.
O c. Flattens the consumption curve.
Use Lagrange Multipliers to find the maximum and minimum values of f(x,y)=xy
subject to the constraint 4x^2+8y^2=16
.
The introduction of the foreign sector in the Keynesian model_ the slope of the consumption function. As a result, the multiplier becomes
O d. reduces; larger
b. reduces; smaller
c. increases; smaller
a. increases; larger
The introduction of taxes to the Keynesian model...
O a. Increases investment spending at each positive level of income.
O b. Cause the slope of the consumption curve to become steeper.
O e. Causes the consumption function to shift parallel downwards.
O d. Causes the consumption function to shift parallel upwards.
O c. Flattens the consumption curve.
Reducing Fraction to Lowest Term
Create a Python script that will reduce an input fraction to its lowest term.
4. Define a function that will accept two parameters (numerator, denominator) and will return the reduced fraction.
Sample Output 1:
Input a fraction: 4/6
Reduced fraction is 2/3
Reducing Fraction to Lowest Term
Create a Python script that will reduce an input fraction to its lowest term.
3. Define a function that will accept two parameters (numerator and denominator to determine the greatest common divisor.
Sample Output 1:
Input a fraction: 4/6
Reduced fraction is 2/3