(Answered) Q in order to reach the full-employment level of income

Engineering

Q: In order to reach the full-employment level of income, government spending must increase by which amount.

Good day, some help (with steps) on the following will be much appreciated!

Given that autonomous spending = R50, Investment = R230, Government spending = R300, marginal propensity to consume = 0.75, Tax = R100 and full employment level of income = R3000, what is the equilibrium level of output and income? In order to reach the full-employment level of income, government spending must increase by which amount.

View complete question

Computer Engineering, Engineering

Category:- Computer Engineering
Reference No.:- M92767692
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Computer Engineering

A system has two levels of cache l1 and l2 between

A system has two levels of cache L1 and L2 between processor and main memory. If a referenced word is in L1, 10 ns are required to access it. The look-up time for L2 is 20 ns. L1 hit ratio is 30% and L2 hit ratio is 50%. ...

Question research and provide a write up on available

Question : Research and provide a write up on available routers and switches. The report should include information for at least two router and two switching devices. Included in the write-up should be a description of t ...

Task define a class bubble with data members static int

Task : Define a class Bubble with data member's static int objCount and 2D integer array mat [10] [10] and 2 integer members rows and cols. Define a default constructor which will increment objCount when an object is cre ...

Question suppose you are given two circularly linked lists

Question : Suppose you are given two circularly linked lists, L and M. Create an algorithm for telling if L and M store the same sequence of elements (but perhaps with different starting points). It needs to have a main ...

Quesiton an important principle in information security is

Quesiton: An important principle in information security is the concept of layers of security, which is often referred to as layered security, or defense in depth. 1) Please explain the concept of layers of security. 2) ...

Please explain which formula i should use to complete the

Please explain which formula I should use to complete the following probability question: The probability that a family will buy a vacation home in Miami, malibu, or newport is 0.25, 0.10 and 0.35. What is the probabilit ...

Question please review the description of the organization

Question: Please review the description of the organization that is the subject of your semester project. The description of that organization, CITY GENERAL HOSPITAL, is described in the instructions for Phase I that you ...

A compare the properties of cpu registers with the main

(a) Compare the properties of CPU registers with the main memory in MIPS. (b) Describe the purpose of the stack pointer ($sp) for procedure calling. (c) What is a "basic block" and how is it used by a compiler? (d) Ther ...

The following data is the results of a random sample of the

The following data is the results of a random sample of the ages (in years) of 12 houses in a community: 18, 22, 23, 19, 18, 24, 26, 20, 17, 12, 27, 28. Assume the population is normal. Construct a 90% confidence interva ...

Explain the risk of having hacking tools installed on your

Explain the risk of having hacking tools installed on your computer and why you should contact local law enforcement agencies before installing those tools.

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Computer Engineering Expert