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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

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