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!
Suppose the consumption expenditure is C = $100 billion + 0.9*Y. Investment (I) is $100 billion, government spending (G) is $50 billion and exports (X) are $100 billion. Imports depend on the level of income as follows: M = 0.1*Y.
a) Calculate the equilibrium level of income for this economy! What is the value of multiplier?
b) Suppose the marginal propensity to consume (MPC) decreases to 0.8. How would this affect the equilibrium in the economy?
c) What would be the effect on the multiplier if in addition to the change in b), the import function becomes M = 0.15*Y (i.e. people now spend a bigger share of their income on imports)?
q1. 1. what might be the goal of a museum? of a firm? what are the basic steps in all types of decision making
Suppose a consumer's preferences can be described. Derive the customer's marginal rate of substitution at the point.
Find the optimal capital and labor inputs given the production function f (k, l) = ak + bl and that the output price is given by p, the rental price of capital is r and w is the wage.
What type of UAE companies would like to see higher tariffs and what type would like to seelower or no tariffs? And why is this the case?
In a recent article, a researcher reported that he had found the demand curve for kerosene to be upward sloping.-as the price of kerosene rose the quantity demanded of kerosene increased. Illustrate what questions might you have for this researche..
suppose that the economy is currently in a recession. If policy-makers take no action, explain how will the economy evolve over time. Explain in words and using an aggregate-demand/ aggregate-supply diagram.
q.paolo currently has 100000 invested in bonds that earn him 10 percent interest per year. he wants to open a pizza
elucidate how many units of fish could it now consume along with the 80 units of imported wheat.
Suppose that in the year 2010 the number of births is temporarily high. Explain how does this baby boom affect the price of babysitting services in 2015 and2025.
Explain and illustrate graphically relationship between price consumption curve of a normal good and a consumer's demand curve.
q.assume there are 100 identical firms in an initially competitive market. market demand is given by p10-q200 and
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100.
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