Explain why the intersection of the degree line

Assignment Help Microeconomics
Reference no: EM133395972

Question: Depict graphically the equilibrium level of National Product (NP) using the Aggregate Expenditure (AE) function. Explain why the intersection of the 45 degree line and the AE function represents equilibrium by appealing to the difference between actual and desired investment

Reference no: EM133395972

Questions Cloud

Whats the total producer surplus in this market : Two electronic stores are willing to sell the dell computers for as little as 1,050 and 1,150 each. Whats the total producer surplus in this market
What is the optimal production quantity : What is the daily demand rate? What is the optimal production quantity? How long will it take to produce the optimal quantity? How much inventory
Assess the value of multiculturalism : Build out a case analysis on the topic of strategic management and why it is critical to the success of an organization in meeting its goals and mission.
Explain the concepts of person job : Explain the concepts of person job and person organization fit. When you are looking for a new job what will be a deal breaker for you money location prestige b
Explain why the intersection of the degree line : Explain why the intersection of the degree line and the AE function represents equilibrium by appealing to the difference between actual and desired
Predict that the equilibrium market price will fall : Determine whether the statement is true or false and justify your answer. If you make a claim without support, no credit will be awarded
How you organized your work to ensure your responsibilities : example of a position you held when you had multiple competing priorities you were responsible for. Tell us how you set priorities within that position
Discussed two possible business structures : We have discussed two possible business structures. On one hand we have a stakeholder approach and the other is based on the shareholder approach.
Why customer are now more driven to online shopping : why customer are now more driven to online shopping. give me a online retail topic like amazon to write on this dissertation. also suggest me sources

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd