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- Using the data in the table below, calculate Aggregate Expenditure (AE), Savings (S), and increasing inventories Change (UI). Please ensure you show and input the negative sign where necessary for your answers on savings and undesired inventory changes. Aggregate Expenditure (AE) Number Number Number Income (Y) 550 640 730 Consumption (C) 577.5 636 694.5 Investment (1) 135 135 135 Savings (S) Number Number Number Inventory Disequilibrium Number Number NumberA tax on gasoline is proposed in order to raise money for the pollution-control activities of several public agencies. The tax will be 10¢ per gallon, and last year 10.3 million gallons of gasoline were used by motorists (this is strictly an illustrative number). Does this mean that we can anticipate $1,030,000 in revenues from this tax? Explain and use a graph to answer this question.7. Dependent & independent variables; positive & inverse relationships: Ypsilanti Market Research conducted a survey to find out whether people who earn more money purchase more expensive goods. The following table indicates the relationship between income the survey subjects earned and the price of the car that they purchased. Price Income (Thousands of dollars per car) (Thousands of dollars per year) 0. 10 20 15 40 20 60 25 80 30 100 In the diagram below, draw the graph corresponding to the above table.
- Part C 3. The manager of a certain gasoline station wants to forecast the demand for the unleaded gasoline next month so that the proper number of gallons can be ordered from the distributor. The manager has accumulated the following data demand for unleaded gasoline from sales during the past eight months. Month Gasoline Demanded (gallons) Mar 900 Given that the forecast for March is 920. Apr 755 May 650 Jun 550 Jul 625 Aug 730 Sept 820 Oct 1 100 a. Compute the exponential smoothed forecast for the demand from April to November. Use a = 0.25. b. Compute the exponential smoothed forecast for the demand from April to November. Use a = 0.45. c. Plot the actual demand and the forecasts determined in part a and b on the same graph and compare them. d. Make a comparative analysis out of your answers in the plotted data. (3-5 sentences)Y Score on Economics Final Exam 100 75 50 25 A 0 5 10 Hours of Study How would you describe the relationship shown in the graph? A Linear Direct Relationship B A Linear Inverse Relationship A Linear Independant Relationship C A Nonlinear Infinite Relationship D 15 20 XSavings (thousand) Consumption (thousands) 6 Panel A Consumption Move this point along C C Y=C+S O Macmillan Learning Adjust the interactive graph in order to observe the relationship between income, consumption, and saving changes as income increases. Use the graph to help you answer the following questions. 2 3 4 5 6 Panel Bincome (thousands) Savings 4 5 6 S Income (thousands) a. At an income of 4000, how much is consumed? How much is saved? Consumption = $ -500 Savings = $3500 O Consumption = $0 Savings $4000 = Consumption = $ 3500 Savings = $-500 O Consumption = $4000 Savings = $0
- Solve the second graph! plsss2) Below is the Table showing the annual gross electricity demand (TW.h) of Turkey versus gross do product a) Draw gross domestic product versus electricity consumption and find the equation of the line by the graphical method (be careful determining the dependent and the independent variables) b) By using the equation you have found, predict the electricity demand when GDP becomes 2500 billion S. Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 GDP (billion $) 800 928 1024 1120 1094 1250 1433 1532 1691 1861 1966 2040 2186 gross annual electricity consumption (TWh) 161 175 190 198 194 210 230 242 246 257 266 279 295The following bar chart shows the annual marketing expenditure (in ?) of ABC Electronics. Marketing costs of ABC Electronics (in lakhs of rupees) 20 18 15 12.9 10 9.8 6.7 5 4.4 2007 2008 2009 2010 2011 Variables In the above bar chart, the data of marketing expenditure would be categorised under which of the following types of variable? a) Discrete variable b) Continuous variable c) Dependent variable d) Intervening variable
- Exercise D8 What determines the slope of a consumption function?Refresh your Math & Graphing Skills SOP-A D For each of the following scenarios, indicate whether the relationship between the two variables is positive or negative, as well as which line on the previous graph has a slope that reflects this type of relationship. X-axis Hint: The X-axis and Y-axis on the graph are not labeled intentionally. You need to substitute the variables from each scenario for the horizontal and vertical axis. For example, in the first scenario, X-axis should be labeled The average grade received" and Y-axis should be labeled "The number of hours spent studying". Scenario As the number of hours spent studying rises, the average grade received rises. As the number of hours spent studying falis, the likelihood of getting an A falls. As the number of hours spent watching TV rises, the average grade received falls. True True or False: Line B has a slope of infinity. O False www Relationship Line Y:= 1:36 MicrolnternationalProject 5G 49 Done International Aspect of Project Homework Below is an except pasted from a semester project for this course (broken into two pieces). Your task is to respond to this prompt and to cite at least one source. For this assignment, the source may be scholarly or from a periodical. Your source should be documented as a reference using APA style. Be sure to respond to the prompt using concepts from our course. You may use models to illustrate your points. 1. American solar farms receive billions of dollars in taxpayer subsidies each year. These subsidies allow them to substitute grain production for energy production. How do U.S. solar farm subsidies hurt or benefit Mexican farmers? 2. What does this imply for U.S. food production independence? What could be done to address this problem, and would the solution be effective? Notice, having a positive effect, a negative effect or no net-effect is a possibility on Mexican farmers. Whatever your answer,…