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Difficulty identifying formulas for use. also, do multipliers and autonomous spending have to be calculated for item 1/IS curve? For the last item, does autonomous consumption and investment have to be computed to derive?
Assume following (equations) summarize/represent structure of economy. If:
C=Ca + 0.75(Y-T)Ca=800-25rT=400+0.2YIp=600-25rG=1200(M/P)^d = 0.2Y-20rM^s/P=700
1. What are equations for IS and LM curves? What is equilibrium level of income and interest rate? What if mix of fiscal and monetary policies is changed. Te money supply is increased by 100 while government spending reduced by 250:
2. Does investment increase, decrease or remain unchanged? Why/calculate.
3. Does consumption increase, decrease or remain unchanged? Why/calculate.
This document shows the uses supply and demand model to explain the evolution of the price of gold and silver.
What is the Marginal Rate of Transformation between sugar and tea?
In the competitive market, the market demand is Qd=48 - 5p and the market supply is Qs = 7P. The equilibrium price is4
Select an organization you work for or are familiar with. Could the organization you have chosen lower prices to increase revenue?
Assume a decrease in consumers' incomes causes a decrease in the demand for chicken and an increase in the demand for potatoes. Which good is inferior and which is normal? Explain your reasons.
Estimate the number of cups served per week and determine outlet demand curve. What would be the effect of a $5000 increase in the competitors' advertisement expenditure and outlet demand curve
Angelica pickles manager a Quick copy franchise White Plains, New York. Pickles projects reducing copy 5¢ to 4¢ each, Quick Copy's $600-per-week profit contribution will increase by one-third.
What does your anticipated adjustment process imply about the CR for the construction industry?
The details about three identical firms operating in Cournot competition are given. The demand curve with marginal revenue, profit maximization, optimum quantity, total demand and market price related questions are answered.
The equilibrium price for physiotherapy visits is $30 and the quantity utilized is 150 visits as a result of the demand and supply conditions in this diagram.
Explain the median housing price in a community
Given a 15% raise in a good's price and a 25% decrease in quantity demanded for good by consumer, which of the following types of elasticity best describes the demand curve for the consumer?
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