Refer to Table 1. At the equilibrium level of income, leakages equal ________ billion.

Refer to Table 3. If the exchange rate is $1 = 3 euros, then

Refer to Figure 1. The interest rate will fall to 4% if 

An increase in net taxes will 

Refer to Table 1. The equilibrium level of output is ________ billion.

Refer to Figure 1. If the Fed increases the discount rate  

Refer to Table 2. Chile should specialize in and export ________, and Germany should specialize in and export ________.

Essay Question 1: The economy of Bananaland can be characterized by the following equation.                          Consumption function:           C = 6000 + 0.75Yd                         Net Taxes:                                       T = 16000                         Government Spending:           G = 20000                         Planned Investment:                 I = 11000                         Aggregate output at equilibrium Y = 100,000

Refer to Table 1. At an output level of $2,000 billion, there is a tendency for output ________.

Essay question 2.c Refer to Table 4. What are the People’s Bank excess reserves?