Question
Consider an economy described by the following
equations: C = 100 + 0.6 ∗ (Y − T) (consumption function) I = 200 − 1000 ∗ r (investment function) G = T = 100 (government purchase and tax) where Y is the national income and r is the interest rate. Derive the IS curve.Solution
Equalize the planned expenditure and actual expenditure to obtain an equation that relates Y and r.
The IS curve can be derived as 0.4Y + 1000r = 340.
A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
KMN, OQR, SUV, WYZ, ____.
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE: Operations should be performed o...
- Select the option that is related to the fifth term in the same way as the second term is related to the first term and the fourth term is related to the t...
Select the option that is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster and th...
Select the option that is related to the third term in the same way as the second the term is related to the first term.
UCILVFKB : YEKNXHMF : : Q...Select the option that is related to third cluster in the same way first cluster is related to second cluster.
NAP: 93 :: DEAF: ?
Air : Atmosphere :: Water : ?
Select the option that is related to third number-cluster in the same way first number cluster is related to second number-cluster.
26: 40 :: 3...
Select the letter cluster from among the given options that can replace the question mark (?) in the following series.
FCE, KHJ, ?, URT, ZWY
Select the option that is related to the third letter-cluster in the same way as the irst letter-cluster is related to the second letter cluster.
