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!
The answer to Aggregate demand
You have been appointed economic advisor to Examland. The mpc is 0.6; investment is $1000; government spending is $8000; consumption is $10000; and next exports are $1000.a. What is the level of income in the country?b. Net export increases by $2000. What will happen to income?c. What will happen to unemployment? (Remember Okun's rule of thumb)
Let D be the quantity of demand, S be the quantity of supply and P be the price in US dollars. The relationship between Quantity of demand and price can be represented by:D = 10 - 2*P, While the relationship between supply and price is S = 2 + 3*P
a. What is the equilibrium price? What is the equilibrium quantity of supply and demand?
b. If the government set the price to 3, will there be surplus supply or surplus demand? What is the quantity of surplus demand or surplus demand?
Suppose that a firm is a perfectly competitive industry has the following total cost schedule: Compute a marginal cost and average cost schedule for this firm.
The Government budget has been making at a deficit of approximately $60 billion for the last year, up from $50 billion the previous year.
President Obama pushed his massive fiscal stimulus package of $787 through the Congress and later passed by the House and Senate, whose centerpiece was spending most of this stimulus funds
A perfect competitive firm has the cost function TC = 1000 + 2Q + 0.1 Q^2-What is the lowest price at which the firm can break even?
a powerful leading indicator of overall future economic activity. Elucidate why is it a more meaningful indictor than housing starts.
You are provided with the subsiquent transactions that took place during a current fiscal year.
The division of taxing also expenditure functions between various levels government.
Life insurance companies require applicants to submit to a physical examination as proof of insurability prior to issuing standard life insurance policies.
Compute point price elasticity of demand for this product.
Illustrate what are automatic stabilizers. What are some examples. What are your thoughts about the limits of fiscal policy.
Explain how the economy affects the success of the auto industry. Economic influences that can affect the industry in a negative way.
Describe the industry equilibrium price/output combination both graphically and algebraically. Calculate the level of excess supply (unemployment) if the minimum wage is set at $7 per hour.
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