hypothetical economy, Macroeconomics

#C=100+0.8yd
G=100
T=0.25y
X=150
M=0.25yd
1) What is the level of equilibrium national income?
2) Estimate the budget surplus or deficit at the equilibrium national income.
3) Derive the savings function. Interpret your answer.
4) Define the income multiplier (=k).
question..
Posted Date: 7/15/2012 12:41:24 PM | Location : United States







Related Discussions:- hypothetical economy, Assignment Help, Ask Question on hypothetical economy, Get Answer, Expert's Help, hypothetical economy Discussions

Write discussion on hypothetical economy
Your posts are moderated
Related Questions
(Consumer Price Index)Given the following data, what was the value of the consumer price index in the base year? Calculate the annual rate of consumer price inflation in 2013 in ea

Define the term- Wages and income Remember that by wage we mainly mean what you receive for working one hour, whereas income is the total revenue from all sources over a longe

If a social entrepreneur is relying on contributions, are there not risks in being accountable and using that money wisely?

The consumption function of an economy is given by c = 200+0.75(y-t) And the investment function by I = 200 = - 25r. Government purchases G and taxes Τ are both 100.  T


What is Treasury bills In most countries you will find many types of government bonds. An important distinction is the duration of the bond, that is, the difference between the

discus the various measures that may be taken by a firm to counteract the evil effect of a trade cycle

Q1. A company selling widgets advertises through three types of media: print, television and internet. Recently the company has decided to increase its advertising budget by $100,0

If the marginal disutility of labor increases, the equilibrium real wage increases and the equilibrium quantity of labor goes up. True or false?

Macroeconomics deals with the economy as a whole. The millions of individual microeconomic decisions of the people, businesses, and government in their totality represent a nation'