Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. Assuming that the economy's MPC is 2/3 and that the government spending increases by $20 billion, what would be the impact on the equilibrium level of GDP?
2. If the economy's MPS is .2, what is the multiplier?
3. Given the following table that delineates income and consumption levels, calculate the MPC.
Income (Y)
Consumption (C)
$100 Billion
$160 Billion
200
240
300
320
400
500
480
600
560
Hint: Remember that MPC = ΔC/ΔY. Therefore, ask yourself the question of how much would you spend if your income changes from $100 to $200?
4. If the prevailing level of output (equilibrium) is $800 billion and the full-employment (potential) output of $600 billion, and we know that the economy's MPC is .8, how much should government spending be reduced to eliminate the inflationary gap? If taxes were increased instead, how much would the increase have to be?
the bonds will have the following characteristicsannual coupons of 50face value of 1000maturity of 5 yearsthe required
Glenda begins drinking more grape juice, which is less expensive, but tastes just as good to her. In this case, Glenda’s elastic demand is.
That means that businesses, consumers and whole societies face tradeoffs whenever they make a decision.
Find the future value one year from now of a $7,000 investment at a 3% annual compound interest rate.if the investment is made for 2 yeaars also calculate the future value.
suppose we have a random sample of 50 people and their weight w and height h are recorded to the nearest pound and inch
What happened to the elasticity of demand for American cars when the Japanese developed a strong auto industry? What happened to the elasticity of demand for American autoworkers? Explain.
Calculate the equilibrium price/output solution and Determine the loss in consumer surplus due imposition of a $4.40 per bushel price support program. Explain your answers well.
State the essential difference between the classical and Keynesian schools of thought. If you were a public policymaker and received conflicting advice from a classical and a Keynesian economist, how would you choose Explain.
Now suppose that Charles Home improvement, when the disposal cost of old water heaters is included, has exactly the same average and marginal cost curves for installing replacement water heaters as does ABC water heater.
Why does Vellus export through local distributors rather than set up its own sales force in country What are the risks associated with using local distributors? How can these risks be reduced 2. Vellus's original entry into exporting was both rea..
In 1999, the Office of the Under Secretary of Defense projected that the ENR Building Cost Index (BCI) would increase from its 1999 value of 3423 to 4098 in 2012. If the actual value in 2012 was 5167, what was the difference between the projected ..
Assume that an iPad in the US is $500 while in Switzerland it costs 400 Swiss Francs. Suppose the nominal Swiss Franc/Dollar exchange rate is 1.1 Swiss Francs per Dollar.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd