Answer:
B) 1,160.
Explanation:
First we must calculate planned aggregate expenditures (PAE) and then determine where Y = PAE:
PAE = consumption + planned investment + government spending + net exports = 100 + 0.75(Y - 40) + 50 + 150 +20 = 100 + 0.75Y - 30 + 50 + 150 + 20 = 290 + 0.75Y
Now we must determine where Y and PAE intercept:
Y = 290 + 0.75Y
Y - 0.75Y = 290
0.25Y = 290
Y = 290 / 0.25 = 1,160
*Planned aggregate expenditure = total planned spending, it differs from GDP because GDP includes unplanned investment.
PAE = C + Ip + G + NX while GDP = C + I + G + NX
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The answer is B, Monopolies limit competition, which unbalance forces that rregulate the market system
Answer: 1) organizes assets and liabilities into important subgroups 2) is more useful to decision makers 3) lists current assets in order of how quickly they can be converted to cash
Explanation: see image
