Learning Goal: I’m working on a macro economics writing question and need an exp

Learning Goal: I’m working on a macro economics writing question and need an explanation to help me learn.Find the equilibrium level of output (Y) for the economy, where the consumption function is given as C=200+0.8Y and the Planned Investment= 50?Question 1 options:1,2501,2001,3001,100How much will $400 in new planned investment change equilibrium income if the marginal propensity to save (MPS) is 0.2?Question 2 options:$1,000$1,500$20 $2,000If income rises from $10,000 to $15,000 and consumption increases from $9,000 to $12,000, then MPC is ____Question 3 options:0.500.600.700.80If MPC is 0.8 and income increases from $10,000 to $11,000, by how much does saving increase?Question 4 options:$11,000$800$1,000$200What is the multiplier if the marginal propensity to consume is 0.2?Question 5 options:0.71.250.81.5Which of the following will NOT cause an increase in the consumption?Question 6 options:James’s family wealth increases.James expects decrease in price of gas. James’s family debt increases.James’s personal taxes decrease.If MPC is 0.8 and income increases from $10,000 to $11,000, by how much does consumption increase?Question 7 options:$200$11,000$800$1,000Which of the following will NOT cause an increase in the planned investment?Question 8 options:increase in interest ratelower capital goods on handexpectations of economic growth reduction in operating costsBecause Anna received a raise in pay from $100,000 to 110,000 , her consumption increased from $60,000 to $65,000. What is Anna’s marginal propensity to consume?Question 9 options:20.7510.5
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