Suppose a closed economy has an aggregate consumption function given by C = 50 + 0.75Yd and generates $2000 output and income in equilibrium. Suppose also that the government spends 350 and imposes a lump-sum tax of 100. What is the level of intended investment? (round your answer to the nearest whole value) Your

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.