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 government in the cross model
Net taxes NT(Y) depends positively on real GDP in the cross model
In this model when national income increases, amount individuals pay in income taxes will increase. This is since income tax is specified as a percentage of total income. Other taxes may also increase when Y increases. Though government transfers to households will decrease. Thus net taxes NT will increase when Y increases.
Albeit NT depends on Y, is still under the control of government. NT may change even if Y doesn't change. This means that NT is part exogenous (as it may be controlled by the government) and part endogenous (as it would automatically change when Y changes). Thus we write NT(Y) but we should remember the exogenous nature of net taxes. Government savings, which is also part exogenous and partendogenous, depends positively on Y and we write:
SG(Y) = NT(Y) - G
Which of the following is an important consideration in short run factor-proportions trade analysis? a. Comparative advantages only occur in theory. b. Specific factors are a
This 24 year 1 quarter period should offer sufficient insight into the short term and long term correlation between the variables. Figure - A graph showing the trend of
(40 points) Consider two consumers, A and B. A and B both want perfect consumption smoothing (c = cf) and both have no current wealth. However, the two consumers have different inc
Suppose that a grocery store buys milk for $2.10 and sells it for $2.60. If the milk gets old then the grocery store can sell their unsold milk back to their wholesaler for $0.60 (
#qDiscuss the functions of money Illustrate your answeruestion..
barriers to entry?
x=40-0.2p where x=x1+x2 c1=50+2x1+0.5x1 c2=100+10x2
Question 1: Consider a two-period, two-person pure exchange economy. Utility functions and endowments are given as follows. u1(x0; x1) = (x0x1)2 and e1 = (18; 4) u2(x0; x1) = ln x0
can u please tell me why lag length criteria is used during estimation of VAR model? what is the purpose of lag length criteria and how it can be interpreted?
The supply equation for widgets is P = 100 + 10QS. The elasticity of supply between quantity supplied of 9 and 11?
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd