9. Economists in the country of Flatland, a closed economy, have collected the following information about their economy for a particular year: Y=15,000; C=9,000; T=3,000; G=3,600. The economists also estimate that the investment function is I=3,900-100r, where r is the country’s real interest rate, expressed as a percentage.

Calculate private saving, public saving, national saving, investment, and the equilibrium real interest rate. Does the government of Flatland have a budget surplus or budget deficit?

Answers

Answer 1

Answer:

Private saving (Sprivate) is equal to disposable income minus consumption:

Sprivate = Y - T - C = 15,000 - 3,000 - 9,000 = 3,000

Public saving (Spublic) is equal to government revenue minus government spending:

Spublic = T - G = 3,000 - 3,600 = -600

National saving (S) is equal to the sum of private and public saving:

S = Sprivate + Spublic = 3,000 - 600 = 2,400

Investment (I) is given by the investment function:

I = 3,900 - 100r

Equating investment to national saving gives:

I = S

3,900 - 100r = 2,400

Solving for r:

r = 15%

Therefore, the equilibrium real interest rate is 15%.

Substituting r = 15% into the investment function gives:

I = 2,400

Therefore, investment is 2,400.

Finally, to determine if the government has a budget surplus or deficit, we need to calculate the government's budget balance, which is equal to government revenue minus government spending:

Budget balance = T - G = 3,000 - 3,600 = -600

Since the budget balance is negative, the government of Flatland has a budget deficit.


Related Questions

If the dealership you are buying the car from is offering 6.3% interest on a 5 year loan, what will your monthly payment be? How am I able to solve this when the selling price is $56,937.

Answers

Answer:

Step-by-step explanation:

To calculate the monthly payment on a loan, you can use the formula for the monthly payment on an annuity: P = (r * PV) / (1 - (1 + r)^(-n)), where P is the monthly payment, r is the monthly interest rate, PV is the present value of the loan (i.e., the amount borrowed), and n is the total number of monthly payments.

In this case, the amount borrowed is $56,937 and the interest rate is 6.3% per year. To convert this to a monthly interest rate, we divide by 12: r = 0.063 / 12 = 0.00525. The loan term is 5 years, so the total number of monthly payments is n = 5 * 12 = 60.

Substituting these values into our formula for the monthly payment, we get: P = (0.00525 * 56937) / (1 - (1 + 0.00525)^(-60)) ≈ $1102.53. So, the monthly payment on this loan would be approximately $1102.53.

Which expression is equivalent to 5/4x +33-2+2

Answers

The expression that is equivalent to 5/4x +33-2+2 is 5x + 132/4. Option C

How to determine the value

It is important to note that algebraic expressions are defined as expressions that consists of factors, variables, constants, coefficients and terms.

These expressions are also made up of arithmetic operations.

These operations are listed as;

AdditionBracketParenthesesMultiplicationDivisionSubtraction

From the information given, we have that;

5/4x +33-2+2

Add or subtract the values

5/4x + 33

Find the LCM, we have;

5x + 132/4

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Complete question:

Which expression is equivalent to 5/4x +33-2+2

5x + 132

6x + 132/4

5x + 132/4

6x + 132

CNNBC recently reported that the mean annual cost of auto insurance is 1016 dollars. Assume the standard deviation is 209 dollars. You take a simple random sample of 94 auto insurance policies. Assuming the original population forms a bell-shaped distribution, answer the following and round your answers to three decimals.

Find the probability that a single randomly selected value is more than 979 dollars.
P(X > 979) = ???

Find the probability that a sample of size
is randomly selected with a mean that is more than 979 dollars.
P(M > 979) = ???

Answers

1. The probability that P(X > 979) = 0.567

2. The probability that P(M > 979) = 0.956

How do you calculate probability?

To calculate the probability that  a single randomly selected value is more than 979 dollars.

 979-1016

= -37/209

= -0.177

P(X > -0.177) = 0.5675

Therefore P(X > 979) = 0.568

To calculate that a sample of size is randomly selected with a mean that is more than 979 dollars.

209 / √94 = 21.557

-37/ 21.557 = -1.7164

P(Z > -1.714) = 0.9564

therefore P(M > 979) = 0.956

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A pet store has 10 ​puppies, including 3 ​poodles, 3 ​terriers, and 4 retrievers. If Rebecka and​ Aaron, in that​ order, each select one puppy at random without​ replacement, find the probability that Aaron selects a​ retriever, given that Rebecka selects a poodle.

Answers

P(both poodle) = (3/10)(3/10) = 9/100

Answer: The probability of choosing the same puppy is 9/100

Carl is buying a shirt that costs $24.00. It is on sale for 50% off. what will the price of the shirt be?
A. 19.00
B. 50.00
C. 12.00
D. 14.00
Please help I’ll give brainly if you explain :)

Answers

Answer: C

Step-by-step explanation:

We need to turn 50% into a fraction first to make it easier,

50% is equal to 1/2 because 50/100 is simplified to 1/2.

Now let's multiply!

24 x 1/2 = 24/2 = 12/1 = 12

HELP ME PLEASEEE!
Whoever answers right will get brainliest!

Answers

Answer:

last choice:  2b²/a³

Step-by-step explanation:

2a⁻³/b⁻² = 2·(1/a³) / (1/b²) = 2·(1/a³)(b²) = 2b²/a³

13pi/6 terminal point

Answers

The terminal point of 13π/6 is (-√3/2, 1/2) by using unit circle.

What are the quadrants of a graph?

The quadrants of a graph are the four sections that divide the coordinate plane. The quadrants are numbered in a counterclockwise direction starting from the positive x-axis.

1. Quadrant I is located in the upper-right section and contains points with positive x and y-coordinates.

2. Quadrant II is located in the upper-left section and contains points with negative x-coordinates and positive y-coordinates.

3. Quadrant III is located in the lower-left section and contains points with negative x and y-coordinates.

4. Quadrant IV is located in the lower-right section and contains points with positive x-coordinates and negative y-coordinates.

The quadrants are useful for determining the signs of coordinates, angles, and for plotting points on a graph.

To find the terminal point of 13π/6, we can start by recognizing that this angle is greater than 2π, which is one complete revolution around the unit circle.

To bring the angle back within one revolution, we can subtract 2π, which gives us 13π/6 - 2π/1 = 13π/6 - 12π/6 = 1π/6.

The angle 1π/6 is in the standard position between the positive x-axis and the first quadrant. The reference angle is π/6, which is the angle between the terminal side and the x-axis.

Since the angle is in the 2nd quadrant, the x-coordinate will be negative and the y-coordinate will be positive. Using the unit circle, we can find the values of sine and cosine at π/6 and then negate the value of cosine since the angle is in the second quadrant.

cos(π/6) = √3/2

sin(π/6) = 1/2

Therefore, the terminal point of 13π/6 is (-√3/2, 1/2).

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Perimeter=8x-6 find the missing side of triangle

Answers

Answer:

Step-by-step explanation:

I'm sorry, but there isn't enough information to solve for the missing side of a triangle with just the perimeter given as 8x-6. We would need at least one more piece of information, such as the lengths of the other sides or angles of the triangle.

Maria has 56 flower seeds. She wants to put an equal amount of seeds into 8 bags How many seeds will go in each bag?

Answers

Answer:

7 seeds will go into each bag

Given:

56 flower seeds need to be put into 8 separate bags.

To find out how much go into each bag you will divide the number of seeds by the number of bags

56/8=7

So 7 seeds will go into each of the 8 bags

Simplify with steps. (Write each expression without using the absolute value symbol)
|x+3| if x>5​

Answers

The expression without the absolute value symbol is:

|x + 5| = x + 5, if x > 5

|x - 5| = 0, if x = 5

|x - 5| = 5 - x, if x < 5

Since, An expression contains one or more terms with addition, subtraction, multiplication, and division.

We always combine the like terms in an expression when we simplify.

We also keep all the like terms on one side of the expression if we are dealing with two sides of an expression.

Example:

1 + 3x + 4y = 7 is an expression.com

3 + 4 is an expression.

2 x 4 + 6 x 7 – 9 is an expression.

33 + 77 – 88 is an expression.

We have,

|(x + 3) | if x > 5

This can be written as,

= |x + 3|

Now,

|x + 5| = x + 5, if x > 5

|x - 5| = 0, if x = 5

|x - 5| = 5 - x, if x < 5

Thus,

The expression without the absolute value symbol is:

|x + 5| = x + 5, if x > 5

|x - 5| = 0, if x = 5

|x - 5| = 5 - x, if x < 5

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Use a net to find the surface area of the prism.

A. 469 in.2

B. 315 in.2

C. 539 in.2

D. 784 in.2

Answers

Answer:

2(1/2)(11)(7) + 11(14) + 14(8) + 14(9) = 469 in.^2

The correct answer is A.

7. The towns of Washington, Franklin, and Springfield are
connected by straight roads. The towns wish to build an
airport to be shared by all of them.
a. Where should they build the airport if they want it to be the same distance from
each town's center? Describe how to find the precise location.
b. Where should they build the airport if they want it to be the same distance from
each of the roads connecting the towns? Describe how to find the precise
location.
They should build the airport at the
They should build the airport at the
n be found by locating the intersection of at least
which can be found by locating the intersection of a
a circumcenter
medians

Answers

a. To build the airport at the same distance from the center of each town, they should locate the intersection of the perpendicular bisectors of the segments connecting each pair of towns. The precise location of the airport will be the point where these perpendicular bisectors intersect. This point will be equidistant from the center of each town.

b. To build the airport at the same distance from each road connecting the towns, they should locate the intersection of the angle bisectors of the angles formed by the roads at each town. The precise location of the airport will be the point where these angle bisectors intersect. This point will be equidistant from each road connecting the towns.

Alternatively, they could locate the intersection of the medians of the triangle formed by the three towns. The medians are the segments connecting each vertex of the triangle with the midpoint of the opposite side. The precise location of the airport will be the point where these medians intersect, which is also the centroid of the triangle. This point will be equidistant from each of the three towns.

what are the answers to these questions_

Answers

The general formula for f'(x) would be f' (x) = - 8 sin (x) + C.

The most general formula based on the first would be f(x) = 8 cos ( x ) + Cx + D.

How to find the general formula ?

To find the most general formula for f ' ( x ), we need to integrate f'' ( x ) with respect to x:

f'' ( x ) = - 8 cos (x)

f' (x) = ∫ ( -8cos(x)) dx

f ' (x) = - 8 sin(x) + C, where C is an arbitrary constant.

We need to integrate f'( x ) with respect to x to find the most general formula for f ( x ):

f'(x) = - 8 sin(x) + C

f(x) = ∫ ( - 8sin ( x ) + C) dx

f(x) = 8 cos ( x ) + Cx + D, where D is another arbitrary constant.

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If a coin is flipped five times the probability of getting heads all five times is ______. Mark all that are true.

Answers

Answer: 1/2, the same as getting tails 5 times

Step-by-step explanation:

hope this helps

f(25) = 80 , find the value of f(2022) and give proper method and the final answer ​

Answers

The value of f(2020) is 39/100.

Given function is,

f(25) = 80

And f(xy) = f(x)/y²   .....(i)

Since

f(25) = 80

Then we define function as

f(x) = x + 55   .....(ii)

Now we can write 2020 = 101 x 20

So f(2020) = f(101x20) = f(101)/20²                from (i)

                                    =  (101 + 55)/400       from(ii)

                                    = 156/400

                                    = 39/100

Hence, f(2020) = 39/100

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please help me with this question thank you

Answers

The difference between the adjustable-rate mortgage (ARM) and the  fixed-rate mortgage is $176,494.80.

How to find the difference ?

First, find the total amount paid on the adjustable-rate mortgage would be :
= ( 5 years x 12 months x 2, 506.43 payment ) + ( 10 x 12 x 3, 059. 46 ) + ( 5 x 12 x 3, 646.76) + ( 5 x 12 x 3, 630.65 )

=  $ 1, 172, 971. 20

Then we can find the total payment for the fixed - rate mortgage :

= Monthly payment x Number of years

= 2, 767. 99 x 30 years x 12 months

= $ 996, 476. 40

The difference is:

= 1, 172, 971.20 - 996, 476. 40

= $ 176,494. 80.

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Chandra needs to make 3 gallons of punch how many cups of strawberry are needed

Answers

The number of cups of frozen strawberries that are needed to make 3 gallons of punch is equal to 48 cups.

How to solve

In this exercise, you're required to determine the number of cups of frozen strawberries that are needed to make 3 gallons of punch.

Thus, we would apply direct proportion.

Note: There are 16 cups of frozen strawberries in a gallon.

By direct proportion:

16 cups = 1 gallon

X cups = 3 gallons

Cross-multiplying, we have:

X = 16 × 3

X = 48 cups of frozen strawberries.

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Harrold is a dog walker. He walks 13 different dogs for the same distance around Greenpoint Park everyday. The park is a perfect square in shape. Harrold takes each dog for 1 full lap around the park. In one day Harrold will walk 6, 396ft all together. What is the length of 1 side of the park in yards.​

Answers

Answer:

123 feet/41 yards

Step-by-step explanation:

When solving problems like this, we need to understand and note down what we already know to make our lives easier.

- He walks 13 different dogs

- the park is a perfect square

- he takes each dog for one full lap

- That day, he walked 6396ft

- He takes each dog the same distance

Now, let's find the unit value (how much ft does he walk if he takes JUST ONE dog around Greenpoint Park?)

Just divide: 6396 / 13 = 492 ft

Meaning, that when Harrold takes JUST ONE dog around the park, which is a perfect square, he walks 492 feet.

One full lap around the square shaped park is just 4 sides of the square.

So, he walks 492 ft every 4 sides.

However, the question specifically asked for one side.

Just divide again to get your answer:

492 / 4 = 123 ft

Therfore, the length of one side of the park is 123 feet, which is 41 yards.

For two programs at a university, the type of student for two majors is as follows. find the probability a student is a graduate student, given they are a history major.

Answers

The probability that a student is a graduate student given they are a history major is approximately 0.16.

What is probability?

The likelihood or chance that an event will occur is quantified by probability. A number between 0 and 1, where 0 denotes that the occurrence is impossible and 1, denotes that the event is certain, is generally used to express it.

According to question:

We are given the following information:

Total number of students who are history major: 463

Total number of graduate students: 261

Number of graduate students who are history major: 73

We can use the formula for conditional probability to find the probability that a student is a graduate student given that they are a history major:

P(graduate | history) = P(graduate and history)/P(history)

P(graduate | history) = 73/463

P(graduate | history) ≈ 0.1575 (rounded to the nearest hundredth)

Therefore, the probability that a student is a graduate student given they are a history major is approximately 0.16.

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find - 4 - 2 1/2 expression on the number line by drawing an arrow

Answers

The resulting arrow should end at -6 1/2. This is because -4 - 2 1/2 is equal to -6 1/2.

In mathematics, an expression is a combination of numbers, variables, and operators that can be evaluated to produce a value. Expressions can be simple or complex and are used to represent mathematical relationships and operations.

How to determine the expression?

To find -4 - 2 1/2 expression on the number line by drawing an arrow, we need to start at -4 and then move left by 2 1/2 units.

To do this, we can draw an arrow starting at -4 and then mark off 2 1/2 units to the left. One way to represent 2 1/2 units is to divide the space between -4 and -5 into two equal parts, and then mark off one of those parts.

The resulting arrow should end at -6 1/2. This is because -4 - 2 1/2 is equal to -6 1/2.

Here's an example of what the arrow would look like:

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Answer this question soon

Answers

Answer:

CA - 144

AD - 98

ABD - 49

BC - 134

C - unsure

Step-by-step explanation:

Solve.
13. A ferry shuttles from Seattle to Vancouver Island and back. Because of
head winds, the return trip is slower than the trip to the island. The
average speed of the, ferry, in miles per hour, is given by the
2d
expression:
What is the average speed of the ferry?
d
+
50 60

Answers

The average speed of the ferry is 54.54 miles per hour.

The expression for the average speed is given [tex]\frac{2d}{\frac{d}{50}+\frac{d}{60} }[/tex].

Now, the given expression can be solved as follows

2d÷ (6d/300 + 5d/300)

= 2d÷(11d/300)

= 2d×300/11d

= 600/11

= 54.54 miles per hour

Therefore, the average speed of the ferry is 54.54 miles per hour.

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Shirley returned from Canada with $23 445 and converted the dollars to kina at the Jacksons International Airport Calculate the amount in kina he received at rate of exchange of K1 (2 marks) CASO 4689 ?​

Answers

K 50,000 ) its alot to explain so heres a picture!

​7 centimeters = ​
millimeters

Answers

Answer: 7 centimeters equals 70 millimeters :)

If h = 7 feet, and r = 2 feet, then what is the volume of the cylinder? (Use = 3.14.)

Answers

Answer: 87.964594300514 feet3 or 87.96 feet3

Step-by-step explanation:

πr^2 h

=  π×2^2×7

=  28π

=  87.964594300514 feet3

what are the answers to these questions

Answers

Θ(x) = tan⁻¹(5x / (4(x - 13))), and Θ is maximized when the distance the cow must stand from the billboard x₀ = 26.

How to determine angle and distance?

To find Θ, use similar triangles. Let the distance from the cow to the top of the billboard be h. Then, using similar triangles:

h / x = 5 / (x - 13)

Solving for h:

h = 5x / (x - 13)

The vertical angle subtended by the billboard at the cow's eye is equal to the angle whose tangent is given by:

tan(Θ) = h / 4

Substituting for h:

tan(Θ) = 5x / (4(x - 13))

To maximize Θ, find the value of x that maximizes tan(Θ). Taking the derivative of tan(Θ) with respect to x and setting it equal to zero:

d/dx (tan(Θ)) = 5(52 - 26x) / (4(x - 13))² = 0

Solving for x:

x₀ = 26

Substituting x₀ into the expression for Θ:

Θ(x₀) = tan⁻¹(5(26) / 4(13)) = tan⁻¹(5/2)

Therefore, Θ(x) = tan⁻¹(5x / (4(x - 13))), and Θ is maximized when x₀ = 26.

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If angle 3=61, what should angle 1 and angle 2 be?

Answers

Answer:

Step-by-step explanation:

so the entire angle sum is 180 degrees then subtract 61 from 180 and divide by 2. hope it helps :)

Surface area pls help

Answers

The surface area of the triangular pyramid is 147.6 cm².

What is surface area?

The surface area of a three-dimensional object is the total area of all its faces.

To calculate the surface area of the triangular pyramid, we use the formula below

Formula:

S.A = (3bL/2)+(bh/2)...................... Equation 1

Where:

S.A = Surface area of the Pyramidb = Length of the triangleL = Slant height of the pyramidh = Height of the triagular base

From the question,

Given:

b = 8 cmh = 6.9 cmL = 10 cm

Substitute these values into equation 1

S.A = (3×8×10/2)+(8×6.9/2)S.A = 120+27.6S.A = 147.6 cm²

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Work out the largest integer value that x could take if
x+7<13

Answers

Answer:

The answer is going to 5

Step-by-step explanation:

I hope this helps you

In the xy-plane, what is the y-intercept of the graph of the equation y=6(x-1/2)(x+3)?

Answers

Answer:

The y-intercept of the graph of the equation is -9. This means that the graph crosses the y-axis at the point (0, -9).

Step-by-step explanation:

To solve this question, we need to plug in x = 0 into the given equation and simplify. We get:

y = 6(0 - 1/2)(0 + 3) y = 6(-1/2)(3) y = -9

Therefore, the y-intercept of the graph of the equation is -9. This means that the graph crosses the y-axis at the point (0, -9).

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