income consumption investment
0000 1000 200
1000 1800 200
2000 2600 200
3000 3400 200
u can get the MPC by looking at any two lines
e.g 0000 and 1000
1000 and 1800
the increase in consumption is 800, compared to the increase in income which is 1000
so 800/1000 = 0.8
or 1000...
this question was in one of my schools past trials
but it had
B as increase in exports and an increase in imports
and C as incraese in interest rates in Australia
with C being the correct answer
but with ur B as decrease in imports i'm not sure
c = autonomous consumption + (MPC)Y
so when y = 0, consumption = 1000
so u have
c = 1000 + MPC(y)
now mPC = change in consumption / change in income
so 800/1000
so C = 1000 + 0.8Y
thanks for the help so far
for 1, i was deciding whether it was b or d
2 - C
3 - i dunno whether we're paying for it, or we're getting it as investment
What is a non-inflationary method of financing a federal government budget deficit
A increasing the base rate of GST
B reducing expenditure on social services
C Instructing the Reserve Bank to print more money
D Selling new government securites in domestic financial markets
What is a...
for the volumes question i think i had something like this
...
= pi/2 (pi/8 - 1/4) <-- which is the correct answer
but then i decided to simplify it
= pi^2 / 18 - pi/8
so do you think i would lose a mark
i justwrote 'address to the next generation' on the top of the first page
but didn't address the next generation at all :(
i did more of an essay/letter style