L.D Co 202 Principles of Macroeconomics Fall 2017- Midters 2 stock by one unit O
ID: 1115103 • Letter: L
Question
L.D Co 202 Principles of Macroeconomics Fall 2017- Midters 2 stock by one unit Output inCosmary 1S. Oher things the same dimimust 7. Country A and Country B both increase their c increas A and Country B both increase their capital stock by one unit increases by 12, while output in country B increae retuns implies that Country A is a. R ore than 12 nlntry B. If Country A adds another unit of capital, output icher than Country B. If Country A adds another unit o les than 12 tunitntry B. If Country A adds another unit of capital, output ooretha 2ds another unit of capital, output will in less than 12 units Poorer than G e. d. Peorer tha Country B. If Country A adds another un of capital, output will increase by r Country A adds anot less than 12 units 8. GDP: $2,000 Consumption: $1.400 Government Spending: $300 Net taxes: $400 Private saving equals a. $100; $200; $100 b. $100; $100; $200 c. $200; $100; $300 d. $200; $100; $500. public saving equalsa , and national saving equalsExplanation / Answer
7.B) richer than Country B. If Country A adds another unit of capital, the output will increase by less than 12 units.
8.C) national saving I = Y-C-G => 2000-1400-300=300
Private Saving = Y-C-T = 2000-1400-400 = 200
public saving = national saving - private saving = 300-200 = 100
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