{"id":102031,"date":"2021-01-21T02:57:26","date_gmt":"2021-01-21T02:57:26","guid":{"rendered":"https:\/\/essayparlour.com\/paperhelp\/?p=102031"},"modified":"2021-01-21T02:57:26","modified_gmt":"2021-01-21T02:57:26","slug":"order-the-answer-to-suppose-consumption-and-investment-are-described-by-the-followin","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/paperhelp\/business-economics-2\/order-the-answer-to-suppose-consumption-and-investment-are-described-by-the-followin\/","title":{"rendered":"Order the answer to: Suppose consumption and investment are described by the followin"},"content":{"rendered":"<table style = 'table-striped table-bordered table-hover' responsive='true'>\n<tr>\n<th>Question<\/th>\n<td>Suppose consumption and investment are described by the following: C = 150 + 0.75DI       I = 300 + 0.2Y &#8211; 50r Here DI is disposable income; Y is GDP, and r, the interest rate, is measured in percentage points.   X = 300 IM = 250 + 0.2Y Government purchases are G = 800, and taxes are 20 percent of income. The price level is fixed and the central bank uses its monetary policy to peg the interest rate at r = 8. a. Find equilibrium GDP, the budget deficit or surplus, and the trade deficit or surplus. b. Suppose the currency appreciates and, as a result, exports and imports change to X = 250 IM = 0.2Y Now find equilibrium GDP, the budget deficit or surplus, and the trade deficit or surplus.<\/td>\n<\/tr>\n<tr>\n<th>Subject<\/th>\n<td>business-economics<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Question<br \/>\nSuppose consumption and investment are described by the following: C = 150 + 0.75DI       I = 300 + 0.2Y &#8211; 50r Here DI is disposable income; Y is GDP, and r, the interest rate, is measured <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-102031","post","type-post","status-publish","format-standard","hentry","category-business-economics-2"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/102031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/comments?post=102031"}],"version-history":[{"count":1,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/102031\/revisions"}],"predecessor-version":[{"id":102032,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/102031\/revisions\/102032"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/media?parent=102031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/categories?post=102031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/tags?post=102031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}