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 you are given the following Keynesian model for the economy of Sangrila Land:
Consumption: C=3000 + 0.75Y
Investment: I=4000
Government: G=3000
Net exports: (X-M)=0
Assume the taxes are zero.
a. Find the equilibrium level of real GDP. What is the multiplier in this model?
b. Assume investment increases by $10,000, what is the new equilibrium?
c. Use a "Keynesian Cross" (45 degree line) graph to show the equilibrium level of real GDP in parts ‘a’ and ‘b’. Use your graph and the multiplier concept to explain how the economy moves from one equilibrium to the next.
d. If the tax is levied to collect $400 for the economy, what will be the new equilibrium? Show your calculations.
Draw the real labor demand curve for each country.
q1. pick a society and time in history you would consider that the vast majority were doing very well economically.
q1. suppose that any punitive damages awarded to the plaintiff were to be paid not to the plaintiff but rather to say a
q1. on one hand the wtos role in international trade is becoming more significant. on the other hand its verdict on the
between patents and copyrights which reflects a free market and which is a grant of monopoly privilege by the state?
A machine is purchased for $56,000 with a useful life of 5 years, after which, it is estimated to be worth $5,000. The machine will be operating 2,500 hours per year with annual maintenance and operating costs of $6,000. Using an interest rate of ..
Consider what you have learned about the root causes, as identified by leading economic thinkers and policymakers.
What is social responsibility? How important it is toa customer and an employee?
show mathematicallt whether the mardinal utility for (X1) and (X2) is increasing or decreasing. Find the Marginal rate of substitution for the indifference curve generated by the utility function.
Elucidate the effects of monetary policies on the economy's production and employment.
Whether the U.S. Congress press a tariff raising the cost of Japanese compute. Illustrate what are four mutually exclusive states of the world that you should be concerned about
What results in a shortage of oranges?
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