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The following equations describe an economy. Y = C + I + G. C = 120 + 0.5(Y - T ). I = 100 - 10r. G = 50. T = 40. (M/P)= Y - 20r. M= 600. P = 2. a. Derive the equations for IS and LM curves. b. Find the equilibrium level of income and the equilibrium interest rate. c. Suppose government expenditure increases by 50%. Find the equilibrium interest rate and income. d. After the government fiscal policy action described in c., what action can the Fed take to mitigate an interest rate hike? Depict this on the IS-LM graph. What variable can the Fed change and by how much? Compute the equilibrium income and interest rate when the Fed responds to the fiscal policy action in c.
if contract promises were not excused because of acts of war would the clearing and settlements clients of bank of new
Sources used to research this person 4-5 non-web based (Periodical, date, pages, etc. MLA) with works sited on the last page. Do not reference the course text book.
write the productivity factors which may describe the differences in pay between men and women in similar occupations.
You're the marketing manager of a firm that produces Titanium and sells this metal to two distinct kinds of customers: aircraft producers and golf club manufacturers.
Using the ITT Tech Virtual Library, research information on companies that have engaged in monopoly behavior, such as Microsoft, Google, or Wal-Mart, and explain how society has been affected by the monopoly behavior using that information.
For a given price P =$5, AVC = 3 and FC =20000, what is the DOL if the manufacturer id producing 15000 units. Using the DOL value calculated above what is the profits for a 10% increase and a 10% decrease.
suppose that the u.s and japan are two ricardian economies. both countries can produce only two goods automobiles and
A recent book was titled the end of management. Suppose the technology evolves in such a way that a high percentage of employees do not work in the company office. They telecommute or work offline. What then Is the role of management Is there one,..
1. Consider the situation of the concept of Green energy policy and conservation. What is the issue at hand and what are they hoping to do Explain. 2. What are the anticipated benefits of using the electric cars and the new florescent light bulbs E..
When war broke out in the Middle East, many markets were affected. Most of the worls's oil production takes place in this region and what happens in the market for oil; and (ii) what happens in the market for sports utility vehicles as a result of ..
answer the following questions about the gold standard1 describe what is meant by the gold standard.2 what were the
Wireless high speed internet is provided for free in the airport of the city of communityville. At first, only a few people use the service. What type a good is this and why.
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