54 535
Assignments Done
98,4%
Successfully Done
In November 2017
Your physics homework can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Our experts will gladly share their knowledge and help you with programming homework. Keep up with the world’s newest programming trends.

Answer on Economics of Enterprise Question for george

Question #32040
calculate equilbrium from the following figures c=2000+0.75yd, I=2000, G=4600,X=2550, M=410+0.3Y T=100+0.25Y
Expert's answer
The level of equilibrium national income Ye = C + I + G + (X - IM) , where C= Consumer spending, I = Investment (Gross fixed Capital Formation), G= Government Spending, X= Exports and IM= Imports.
Disposable income ( Yd ) is calculated as the difference between personal income (Y) and personal tax and non tax payments (T).
Yd= Y - T
Y = C + I + G + (X - M)
Y = 2000 + 0,75*(Y-100-0,25Y)+2000+4600+(2550-410-0,3Y)
Y-0,75Y+0,1875Y+0,3Y = 8600-75+2550-410
0,7375Y = 10 665
Ye = 14 461 (the level of equilibrium national income)

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question