Practice capers line of work 1 Income (Y)Consumption (C)Saving (S)Investment (I)TE 9,0001,3002,500 11,0001,7002,500 13,0002,500 15,0002,500 17,0002,500 19,0002,500 a) What is the operation function? Assume that it acquits the trite form (C = a + b YD). b) Fill in the turn off above. c) What is the equilibrium take take? d) If the current product aim is 14,000, what would likely happen to the issue level next socio-economic class? Why? e) By how a great deal will the equilibrium output level increase (decrease) if the plan investment falls by 500? Problem 2 social occasion the following hypothetical entropy: Population550,000 perfect employed full-time300,000 entireness employed part-time75,000 Discouraged workers40,000 summate unemployed45,000 a) count the size of the roil force b) image the unemployment ramble c) Compute restriction force participation tell d) If unemployment measure increased by 2%, what can you say almost the actual gross domestic help product?
Problem 3 Symbols:? = Up? = Down = No put in? = Uncertain affair the above symbols to see in the table infra: Observations feat on MsMdrIYC ply increases mental reservation ratio The government cuts taxes Net effects Problem 4 YearNominal gross domestic productCPI 19802789.582.4 19905803.1130.7 20009268.4166.6 Use the data in the table above to firmness of purpose the following questions. Compute the rate of inflation between 1990 and 2000 Compute 1980 real GDP in 1990 prices Compute 2000 real GDP in 1990 pricesIf you want to accept a full essay, severalize it on our website:
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