Macroeconomics Introduction The General theory of microeconomics originally developed by Keynes in 1936 epitomizes the essence of monetary value in an economy. The theory postulates the relationship between employment and the purchasing power of a populace in relation to their contribution to the development of recession in an economy. It is factual that money is […]

For the International Monetary Fund, globalization also means that information and knowledge get dispersed and shared. However, it is important to stress that developments in the globalization process have made the dispersal and sharing of information at a very fast speed. This implies that speculation, as we well as transmission of fears, overreaction, both optimism […]

It is majorly a state dictated economy and it maintains a pegged exchange rate against a basket of currencies.It is surprising to note that 9% of the entire world’s crude oil reserves lie within the relatively smaller geographical boundaries of this nation. Thus, understandably, 50% of GDP, 90% of exports and 95% of the Governments […]

Intermediate macroeconomics Business cycle refers to the fluctuations in the economic activities taking place in the economy over a period of time. Business cycle undergoes four basic stages namely recession, trough, recovery and peak or boom. Recession refers to periods of contracting economic activities characterized by low production and unemployment level. Trough is a period […]

Hayek The reconstruction of society based on rational lines is the of critical discussion today. While it has been long believed that rationality and order are the best ways to shape the society, the issue of socialism has been underresearched. Especially, its economic aspect needs to be clarified. Namely, the problem here arises when a […]

Writing Assignment Lecturer: Economic growth entails an increase/expansion in capa of a country to produce goods and services. It may be determine by making a comparison between the Gross National product for the current year with that of the previous year. On the other hand, Long run economic growth entails a period of growth where […]

roductivity, expenditure, or income (gross domestic product of a nation) (Ouanes, Abdessatar, Subhash, Thakur, Lienert, Marciniak and Swiderski, 1997, p.87).Consumption is a primary concept in economics, and many other social sciences also study it. Economists are very much interested in the relationship that exists between income and consumption. According to some economists, consumption entails the […]

There are several reasons why I have chosen to obtain an MBA from George Fox University. My interest in obtaining an MBAI am interested in obtaining an MBA as a way a channel for augmenting my knowledge of the business world. Given my undergraduate training in media, an MBA will be ideal in introducing and […]

HERE YOUR HERE HERE HERE Micro and Macro Economics Economics is studying the of the world and why it operatesin the fashion that it does. It is a study of how firms make decisions about their work, consumer-related consumption patterns, how investment occurs, and about the pricing of products and services. Economics is about understanding […]

The econometric discretion policy evaluate on fiscal and monetary policy by using the new rational expectation method of macroeconomics. This has been the substantial subject cause for increased recent year’s research. A number of factors have provided a motivation for the research.The critique of Lucas showed that traditional discretion econometric policy was flawed in its […]

In light of the mechanisms at the disposal of authorities across the Eurozone in dealing with the crisis, three recurrent economic tools come into focus than ever before.These economic tools for consideration are the exchange rates, trade balance and interest rates that determine governments’ decisions in financing their budgets for instance through debts. In the […]

Net exports of goods and services – 550 Net interest paid by business 440Government purchases of goods and services 1,650Gross private domestic investment 2,200Indirect business taxes 440Rental income of individuals plus implicit rent on owner-occupied housing 220Wages, salaries, employee compensation 6,600Personal consumption expenses 7,700Depreciation 880Proprietorial income 1,100 Corporate profits 1,320 Macroeconomics

a)This investment tax credit will lead to a surge in the investment demand, because of thebenefits that the firms receive from the investment tax credit. More and more firms willundertake…Macroeconomics

Question 2.Australia is a small open economy with a flexible (floating) exchange rate system. Use theMundell-Fleming model (i.e. the open-economy IS-LM-IP model) to analyse what willhappen to income, the exchange rate, and the trade balance (net exports) in response to thefollowing shocks. Carefully explain the adjustment process in each case.a) A significant fall in the […]

Question 3. (16 points) Assume the following model of the economy, with the price level fixed at 1:C= 0.8(Y -T)T= 1,000I= 800 -20rG= 1,000Y=C+1+GMS/P = M/P= 0.4Y -40rM = 1,200a.(3 points) Write a numerical formula for the IS curve, showing Y as a function of ralone. (Hint: Substitute out C, I, G, and T.)b.(3 points) […]

a) Consider the following Question I. The following question is about the long-run economic growth. a) b) Consider the following equation of the neoclassical (Solow—Swan) growth model:NC = sf (k) — (6 + n)k . Explain in words what you understand by this equation and represent it on a diagram. Assume that a large portion […]

• Illustrate each of the following situations with a graph showing short-run aggregatesupply:• A decrease in the size of the labor force. the aggregate supply will decresas• An increase in…Economics

olgtltligtWhat is marginal-cost pricing? Why would we expect perfectly-competitive firms to employ6 ) Adds profits? gt; customers who are extremlysensitive to prices this group might nototherwise buy from a company unless itwere willing to engage in marginalcost pricing.quot;) Accessory…Macroeconomics

Question 1Explain what economists mean by ‘full employment’. [3 marks]Answer: Full employment is whereby all people who are willing and able to work inthe prevailing wage rates have employment…Macroeconomics

Kindly go through the followingThe Principles of Macroeconomics examination covers material that is usually taught in a onesemester undergraduate course in this subject. This aspect of economics…Economics

olgtltligtContrast Say’s Law with Keynes’ Law. Do they provide completely different interpretations of Question olliContrast Say’s Law with Keynes’ Law. Do they provide completely different interpretations of macroeconomic behavior? Provide examples and explain your answer./li/ol Macroeconomics

Question Below is a list of policy proposals that have been advanced to help the economies of developing nations (not just the country of your choice in part one.) Briefly explain whether each proposal is consistent with the Solow model, modern growth theory, neither, or both. Macroeconomics

Question Explanation of the short-run effect, determinants of AD/AS that caused the shift, the line that shifts , AD or AS, direction of the shift, impact on output and price level, and a graph to the statement below : Foreign buyer rush to purchase american made electronics Macroeconomics

Question Personal consumption expenditure 1,500 Gross private domestic investment 355 Government expenditure on goods and services 590 Exports of goods and services 70 Imports of goods and services 50 Depreciation 200 Indirect business taxes 75 Based on the data in the above table, gross domestic product equals A) $2,840. B) $2,190. C) $2,465. D) $2,750 […]

1. DefinationsFiscal policyFiscal policy is the government’s actions of influencing the economy through taxation andspending. It occurs when policymakers believe the economy is getting out of…Macroeconomics

Question Darryl is monetarist who judges that monetary policy is more effective than fiscal policy, since he believes that households respond to changes in __________. Group of answer choices real output the expenditure multiplier both money supply and real income both velocity and real output Macroeconomics

Question Consider an economy in the long run that adopts an ‘eat, drink and be merry’ philosophy leading to an outburst of consumption expenditures (on food, booze and merriment). What happens to the market for loanable funds? Macroeconomics

Question Foundations of Macroeconomics Aggregate Demand and Aggregate Supply In the economy, when interest rates are increasing _______. A. decreases the opportunity cost of future consumption, but has no effect on the opportunity cost of present consumption. B. increases the opportunity cost of future consumption, but has no effect on the opportunity cost of present […]

Question Suppose a firm has a production function: Y =A∗K1/3N2/3 with A = 100 and K = 40. Output sells for a price of $10 each. The nominal wage is W = $500 and the price level is 10. How many workers should the firm hire? Macroeconomics

Question .The distinction between consumption and investment is: A. that only households consume and only businesses invest. B. somewhat arbitrary, since investment includes housing investment, which does not increase future productive capacity. C. that investment always increases future productive capacity, while consumption does not. D. arbitrary, since the same expenditure may be counted as a […]

olgtltligtDicks research department estimates elasticity of demand for soccer balls in the store to be Question olliDicks research department estimates elasticity of demand for soccer balls in the store to be -1.5. If each soccer ball delivered to the store costs $10, what is the optimal markup factor and the optimal price that would maximize […]

Question A firm is producing 1,000.units of output with 40 units of labor and 30 units of capital. The marginal product of the last unit of labor and capital are, respectively, MPL= 60 and MPK =120. The prices of labor and capital are, respectively, w =3= and r = 40. a. At the combination of […]

Question –How would an increase in the supply of labor affect the natural level of employment and potential output? How would it affect the real wage, the level of real GDP, and the price level in the short run? How would it affect long-run aggregate supply? What kind of gaps would be created? – –Suppose […]

Question Someone once said that economics tells us that disease should not be 100% eliminated from earth. Why would anyone think that disease should not be eliminated? Is this analysis based on opportunity cost or incentives? Explain Macroeconomics

Question . Describe a situation, either a government policy situation or an economic problem or a private sector situation, where using the CPI to convert from nominal to real would be more appropriate than using the GDP deflator. Macroeconomics

No content from other students Classical economists belief that prices and quantities adjust to the changes in the forces ofsupply and demand and that the economy produces its potential output in the long run. On thecontrary,…Macroeconomics

Question Consider the static AS-AD model. Suppose the actual price level is less than the price level individuals expect. Which of the following is true? (a) output is currently less than the natural level of output (b) the AS curve will tend to shift up over time (c) the AD curve will tend to shift […]

Additionally, explain how federal Question Identify and discuss the three types of unemployment, giving examples of each. Additionally, explain how federal government economic policy might work to reduce each type of unemployment. A graph is required. Macroeconomics

Question Economics is best defined as the study of how? Select one: a. the government should deal with unemployment and inflation b. individuals decide to use scarce resources in an attempt to satisfy their unlimited wants c. to make money d. to run a business e. to eliminate the problem of scarce resources Macroeconomics

Question 1 Classify Question May 2016 1 ECON1000 Open Campus Worksheet #1 (Covers Units 1 to 5) Question 1 Classify the following as microeconomics or macroeconomics and provide a justification for your choice. (a) Research into why the growth rate of total production increased. (b) A theory of how consumers decide what to buy. (c) […]

Question Consider ye K 1/ 3 2S = 101.y = (K ) 1 3= 4 13J = 31.at steady statef (k )k= 10* 1/ 33103/ 2(as The capital share of national income: 2sue)y = * 13 / Y = K 13 2 2 3( b )Themarginal product…Macroeconomics

Question Prove that, if the production function exhibits constant returns, all firms will use the same proportion of capital to labour. Notice that this result means that the analysis in the previous question (which ignores capital) applies to the case where both capital and labor are used. Macroeconomics

easing is the central bank: purchasing long-term Question One method of conducting quantitative easing is the central bank: purchasing long-term government bonds to increase long-term interest rates. purchasing long-term government bonds to lower long-term interest rates. selling long-term government bonds to decrease long-term interest rates. selling long-term government bonds to lower long-term interest rates. purchasing […]

Question hi tutor how to solve these question? Find the Golden Rule capital stock and add it to your graph in solow model. (Note: you need to maximise consumption per worker.) Calculate: (Please show the entire calculation process) • capital per person, y∗ g • output per person, k∗g • consumption per person, c∗ g […]

a. The Question Which of the following is correct as an interpretation of the Keynesian consumption function? a. The Keynesian consumption function states that as income increases consumption increases more than proportionately. b. The Keynesian consumption function implies that your consumption depends on your overall wealth, rather than your current income. c. The Keynesian consumption […]

1. Suppose an earthquake Question b. For the case, where there are 2 steady states, show graphically how the transitional dynamics for this economy are. Namely, suppose you start to the left of the low steady state capital stock, what happens? What about to the right? 6. Suppose total National Savings, St, is St= sYt […]

Question How does an increase (decrease) in investment tax credit in a large open economy affect Saving (S), Investment (I), the real interest rate (r), capital flows (CF), net exports (NX), and the real exchange rate (ε)? Macroeconomics

Question This is my work and no I do not intend to submit a tutor’s work as my own. I did research as well my the selected reading. However, to MY understanding multiple choices can be placed to one choice but it’s stated that only one goes to each scenario. I’m really confused and need […]

After California was hit by deadly forest fires, the price of construction materials, like Question 1. After California was hit by deadly forest fires, the price of construction materials, like plywood, in the southern California tripled in price. In response to customer complaints of ‘price gouging,’ the government considered imposing price regulations to insure that […]

Question Hello, I need help figuring out how to solve this question it was seen in class, but my professor didn’t explain how to get 2-4 so I am stumped. The question is found below: Consider the following numerical example using the Solow growth model. Suppose that F(K, N) = zK 2/5N 3/5 where the […]

Question 1. Suppose an economy is experiencing higher inflation rate as well as a recessionary gap. Using the policy reaction function, explain whether the Reserve bank will increase or decrease the interest rate? 2. Explain the effect of an increase in imports on the equilibrium output and inflation in the AD-AS model. Carefully distinguish between […]

Is output ambiguous and is the relation to investment then Question My problem and answer is posted below. My question is; Is output ambiguous and is the relation to investment then also ambiguous? Problem: Use the IS-LM model to answer this question. Suppose there is a simultaneous increase in government spending and reduction in the […]

Question suppose that France and Denmark both produce fish and olives. France’s opportunity cost of producing a crate of olives is 3 pounds of fish while Denmark’s opportunity cost of producing a crate of olives is 11 pounds of fish. By comparing the opportunity cost of producing olives in the two countries, you can tell […]

Question When the central bank controls the interest rate, a rise in the price target will, in the short run, cause: Select one: a. an increase in the nominal wage. b. the wage setting curve to shift downward. c. the AD curve to shift leftward. d. the price setting curve to shift down. e. the […]

Question My Question: Please read the question and answer below plus see attached. I’m wondering if we know the effect on investment or if it’s unknown? Question 1. Based on your understanding of the IS-LM model, graphically illustrate and explain what effect a reduction in consumer confidence will have on output, the interest rate, and […]

can output be restored by lowering Question *The question I’m working on and my answer are below. My question to you is; can output be restored by lowering the interest rate causing a downward shift in the LM curve and thus increasing output? Question: Graphically (i.e., using the IS-LM model) illustrate and explain what effect […]

Question 1 The value US real GDP today (in dollars)?51,849The dark areas on the plot? What is the longest period of recession you can identify in the graph?1974 to 1975Time during which real…Macroeconomics

Question My question is on ‘part b’ below. I’m wondering if i picked the right numbers for income change and multiplier. thanks! 1. Suppose the United States economy is represented by the following equations: Z = C + I + G ; C = 500 + .5YD ; T = 600; I = 300; YD […]

Question What will be the likely impact of a Canadian import tariff imposed on steel? a. It will increase the real incomes of steel users. b. It will increase employment in the economy as a whole. c. It will raise the total quantity of foreign and domestic steel sold in Canada. d. It will increase […]

Question (Macro) Please explain what happens to the short run AD/AS and long run models when new laws prohibit a large segment of the labor force from working. Please clarify the difference between short run and long run (maybe also diagrams representing shifts in the graph). Macroeconomics

Question Read the article by Carroll Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior and answer the following questions. 1. What is heterogeneity? 2. What is homogeneity? 3. What is precautionary savings? 4. How does MPC change as the wealth level of consumers change? 5. What is representative consumer? 6. What is […]

Because the theory failed to understand the laws of absolute and comparative advantage, which advocates that trade, may not necessarily be a zero-sum game, mercantilists regulations were gradually removed in Britain in the course of the eighteenth century after the government has fully embraced Adam Smith’s concept of laissez-faire (Wikimedia Foundations, Inc). The greatest challenge […]

The demand for corn The increase in the demand for corn due to its use as an alternative source of energy would have effects on the supply of other substitutes, such as soybean. There would be a reduced supply of soybean as the increase in demand of a substitute good. corn would ultimately lead to […]

Third, if demand remains unaffected and supply rises, there will be surplus causing a decreased equilibrium price. Fourth, if demand remains unaffected and there is a decrease in supply, there will be a shortage causing an increased equilibrium price. This paper will look at supply and demand. On the supply side, it will discuss Ronald […]

Investments are a boon for the progress of any economy. This does not imply that the commercial banks would charge negative interest rates to the investors in order to boost up investment thresholds in the country. The banking institutions may offer loans at zero interest rates. Zero interest rate policy under taken by the central […]

Moreover, there are always huge numbers of people that are self-employed and every one cannot increase their incomes in proportion to the inflation rate so a huge chunk of citizens suffer in this process. In a way, high inflation impacts living standard of the majority of the people. Impact on Interest Rates Bank interest rates […]

Foreign exchange rate is the price of one currency in terms of another currency. BOP has direct relation with the foreign exchange market as the spending of the consumer depends on the value of currency in other countries. Under the free-floating currency regime (McGregor) the balance of payment depends highly on the forces of supply […]

European countries that have constituted the EU have also been set to operate under common currency. the euro, making economic transactions between and among member states easy and favorable. This is more so because the member states do not face currency fluctuations in terms of foreign exchange, making international business prior to the member states […]

Macroeconomics Assignment EC 211 QUESTION ONE – PERCENTAGE GROWTH IN NORMINAL AND REAL GDP for the years 1991 – 1997 YEAR Real GDP (in billions of Dollars per Year)Nominal GDP (in billions of Dollars per Year)% Growth in Real GDP% Growth in Nominal GDPU.S. Population (in Millions)Real GDP per Capita19906,136.35,743.8——-249.924,555.0219916,079.45,916.7-0.9%3%252.624,067.319926,244.46,244.42.7%5.5%255.424,449.4919936,389.66,558.12.3%5%258.124,756.319946,610.76,947.03.5%5.9%260.625,367.219956,742.17,255.41.9%4.4%263.025,635.3619966,928.47,636.02.8%5.2%265.526,095.6619977,191.48,083.43.8%5.9%267.926,843.59Real GDP per Capita is the […]

HW4b Calibrated Business Model Calibrated business model is a concept applied to the selection of constraint values due to macroeconomic confirmation and compares the model’s calculations concerning the variances and co-variances of different series with those in the statistics (Romer 217-220). The methodology entails the estimation of casual or unrelated variances, which are quantified to […]

Macroeconomics – Economic Growth The Chinese economy has been identified by a rapid growth within the past decade. Its advancements have been driven by wages, increased consumer markets and investments (China Central Television 2014). Other factors include social, political, technological and economic factors. However, leadership has been the key factor that has led to economic […]

International relations Wright denies the existence of the theory of IR based on the principles of the methodology of the study of IR and the conceptual system that offers unified explanations of international occurrences. An initial glance according to Wright is that the speculation of relations among states is typically the scope of the political […]

Monday Tuesday Wednesday Thursday Friday 8.30 ECO2142 C Macroeconomic Theory Francesca Rondina HGN 302 10.00ECO2142 CMacroeconomic Theory 1Francesca RondinaHGN 30211.30ECO 1102DIntroductionto MacroeconomicsDavid GrayUCU AUD1.00ECO 1102DIntroductionto MacroeconomicsDavid GrayUCU AUD2.30ECO2117 CIntroduction to Economics of DevelopmentGeranda NottenTBT 333ECO 1302 A Contemporary Macroeconomics IssuesCBY C03ECO 1104 GIntroduction To MicroeconomicsGordon LenjosekART 0334.00ECO 1302 A Contemporary Macroeconomics IssuesCBY C03ECO 1104 GIntroduction […]

This paper shall discuss the Mundell-Fleming Model as applied to a specific condition of floating exchange rates in an open small economy and perfect capital mobility, with special attention to how fiscal and monetary policies impact the macroeconomy. The writer shall attempt to test and explain the proposition that “fiscal policy is likely to be […]

Microeconomics analyzes factors affect prices and how these prices affect the number of goods or services supplied to or from a given market. Moreover, Microeconomics also examines factors affecting the demand for certain goods and services within a particular market domain. On the other hand, macroeconomics often engulfs the sum total of all the economic […]

Wars and Interest Rates in the United Kingdom Mankiw gives an insight into the relationship that exists between interest rate and other macro-economic variables. With a view to the economic turbulence that United Kingdom has gone through especially during the wars in Europe between 1730-1920. It is important to note that interest rate is a […]

Business Economics Question One Among the very many benefits derived from capitalist economy in U.S. are the principles of equality and secondly freedom. U.S. upholds the rule of equality among its citizen with regards to services provision, the rule of law and justice. All these have contributed to a fair society where everyone has an […]

A single estimate is then derived and published as the official estimate of GDP. There are two ways to measure the GDP, Real and the Nominal. Every country uses estimates of GDP in real terms as the international standard to measure growth in an economy. It is essential to follow a common standard to allow […]

5 1250 The global recession of 2008 also affected their economies, but their experiences in international trade are all worth studying because they derived much success in it. With these HPAE are subgroups such as the Four Tigers, namely Hong Kong, Singapore, South Korea, and Taiwan. Another group is the Newly Industrializing Economies (NIE) of […]

If interest rates are forecasted to be low in an economy, then it makes productive investors believe that in the long run, cost of borrowing funds would be less. Under such circumstances, the rate of investments made in an economy would increase and level of economic productivity would also rise. Finally, a rise in the […]

Current events report and analysis Summary According to the estimates of the International Energy Agency the production of the oil of the United States has been on the rise. This increase in the production of the oil is much more than it was estimated by the economists. This has provided the company with a very […]

112750 Moreover the population and area of India is much larger than the combined area of all countries under EU. On the other hand there is the example of USSR breaking up into 14 smaller countries. Ruble was the currency of a unified USSR, but now the newly formed countries have come out with their […]

Book Review Book Review Macroeconomics 3rd Edition The most important lesson from this book is the economic model of trade-off. As an economist, I would like to point out that trade-off is a very crucial concept in business. As Paul Krugman and Robin Wells exclaim, it can determine the success or failure of any investment. […]

Unemployment prevalence is normally measured with what is normally termed as unemployment rate which is defined by expressing those out of labour force as a percentage of those who are in the force. More often than not the unemployment rate has been used in economic studies where it may be applied to measure the state […]

Reduction of the Federal Reserve’s Economic Value Program The reduction of the Federal Reserve’s Assets both in actuality and prospect has created substantial challenges to various emerging market economies. However, this change has been cited as inevitable in some case, but has caused huge criticism from various global markets. These changes are expected to have […]

3rd July Economic forecasting at Bank of Green One of the major issues that are affecting the investors is the slow growth of GDP an aspect that results to low national demand as well as reduced consumers purchasing power. Additionally, the decline in the consumer confidence result to low demand for financial services implying that […]

Question If the U.S. government tried to raise the rate of national economic growth much higher than the growth rate of the rest of the world’s economy, how would the international trade sector transmit inflationary pressures to the U.S. economy? If the rest of the world raised its growth rate to the high American level, […]

Question in its open-market operations, the cantral bank sells and purchase domestic assets in order to change the money supply. suppose a negative productivity shock drives the economy into a recession. Describe how the central bank uses open market operations to bring about economic recovery Macroeconomics

Question a)Assume that a society has two types of workers that lose jobs in a given year. Society A has 2 million workers losing their jobs; each person takes a year to find a new job. Society B has 24 million workers losing their jobs; each worker takes a month to find a new job. […]

Question In an economy in which the multiplier has a value of 3, the price level has decreased from 115 to 110. As a consequence, there has been a movement along the aggregate demand curve from $18 trillion in real GDP to $18.9 trillion in real GDP. A. What is the marginal prosperity to save? […]

Question 6. People had been expecting the price level to be 140 but it turns out to be 138. Johnson Family Restaurants increases the number of workers it employs. What could explain this? a. both sticky price theory and sticky wage theory b. sticky price theory but not sticky wage theory c. sticky wage theory […]

Question 2. • An economy has a Cobb-Douglas production function: Y=Kα(LE)1−α. (For a review of the Cobb-Douglas production function, see Chapter 3.) The economy has a capital share of 1/3, a saving rate of 24 percent, a depreciation rate of 3 percent, a rate of population growth of 2 percent, and a rate of laboraugmenting […]

Question As output increases after a recession, which one of the following statements best describes what happens to prices? Select one: a. As output increases, prices at first remain stable. As some resources begin to be fully employed, prices increase. But when the economy reaches full employment, only prices increase. b. As output increases, prices […]

Question 1)Assume that investment does not depend on the interest rate. A decrease in government spending will cause which of the following for this economy? Select one: a. An increase in output. b. An increase in the interest rate. c. A decrease in investment. d. No change in investment. e. An increase in investment. 2)An […]

Question The Whereami County government has cut its spending by $4.5 million and raised taxes on County residents by $3.5 million in order to close a growing budget deficit. If the local marginal propensity to consume is 0.9, by how much has local GDP decreased because of these changes to government spending and taxes? Macroeconomics

Question Draw the AD-AS diagram for the short run. State in words how is the equilibrium output determined in this model? Aggregate demand (AD) : It capture the effect of price level on output .It is derived team equilibrium condition in goods and financialmarketEquilibrium conditions in goods market require output… Macroeconomics

Running head: SOCIAL SECURITY PRIVATIZATION Social Security PrivatizationNameAffiliationDate 1 SOCIAL SECURITY PRIVATIZATION 2 Social Security PrivatizationSocial security program in the US has… Macroeconomics

Question Which of the following does not represent an aggregate demand? All planned expenditures in the entire economy The sum of all individual demand curves across different markets The real GDP of an economy The sum of all goods and services in the economy that will be purchased at all possible price levels Macroeconomics

Question 2. • In the Keynesian cross model, assume that the consumption function is given by C=120+0.8(Y−T). Planned investment is 200; government purchases and taxes are both 400. a. Graph planned expenditure as a function of income. b. What is equilibrium income? c. If government purchases increase to 420, what is the new equilibrium income? […]

Question ECC1100 1.In country A, Tim bought a car for $40,000 in 2018. This transaction would lead to a $40,000 increase in country A’s GDP in 2018. (Explain whether you agree or disagree with the statement. Give TWO reasons.) 2.If the price of bread increases by 10%, you will be necessarily worse off. Explain whether […]

Question Suppose that U.S. consumption spending is $13 trillion, gross private domestic investment is $3.5 trillion, government spending is $4 trillion, and net exports are $-0.5 trillion. If interest income is $1 trillion, depreciation is $0.5 trillion, wages are $12 trillion, and rental income is $0.75 trillion, what is the net domestic product? Macroeconomics

profit flows from the product market to the firms. b. revenue Question In the circular flow diagram a. profit flows from the product market to the firms. b. revenue flows from the resource market to the households. c. consumer spending flows from the product market to the households. d. consumer spending flows from the product […]

Question Consider the economy of Hicksonia. a. The consumption function is given by C=300+0.6(Y−T). The investment function is I=700−80r. Government purchases and taxes are both 500. For this economy, graph the IS curve for r ranging from 0 to 8. b. The money demand function in Hicksonia is (M/P)d=Y−200r. The money supply M is 3,000, […]

Tax reform incentivizes to increase investmentWhen the investment increases , the savings minus investment curve shifts left wards . Theincrease in investment does not cause change in the current… Macroeconomics

Question The table attached shows total amount to build the swimming pool, average costs, total labor costs and average labor costs that vary depending on the number of employees you hire for your pool company. 1. How do I calculate the total value of the 3 people, how was the value calculated? 2. What is […]

Question 1)We would expect which of the following to occur when the central bank conducts an open market purchase of bonds? Select one: a. A decrease in reserves. b. A decrease in the money multiplier. c. An increase in reserves. d. An increase in the money multiplier. e. A decrease in central bank money. 2)Which […]

Question If unemployment is a major concern in the economy, which of the following would be appropriate responses in terms of monetary policy? Question 4 options: increase taxes increase government spending increase the discount rate buy government securities both B and D Macroeconomics

Question Suppose that the aggregate income in a country is $100 billion, aggregate private consumption is $60 billion, and total tax payment is $20 billion. How much does the private sector save in this economy? (Answer in billions of dollars.) Macroeconomics

Question . Which country has the absolute advantage? b. Which country has the comparative advantage? c. Which country has a lower opportunity cost? d. Which country has a higher opportunity cost? e. What should the United States import? f. What should Australia export? g. What is the opportunity cost for the United States? h. What […]

Question 1) Generally if a county(the domestic county) has a trade deficit, if will correct itself by: A) the domestic currency getting weaker B) the domestic currency getting stronger C) using tariffs to slow the imports D) increased gov. Spending 2)inflation and unemployment are tradeoffs under which economic view. A) Neoclassical B) Isolationist C )Keynesian […]

Question Changes in the quantity of money lead to real changes in the economy. If this is the case, why would the central bank ever stop increasing the money supply? Possible Answers: Although there is a short-run incentive to increase the money supply, these effects wear off in the long run as prices adjust and […]

Unemployment rate= 4% Inflation rate= Question Consider the following economic data to answer #10-13. Unemployment rate= 4% Inflation rate= 2% Actual GDP= $17 trillion Growth rate= 2% Potential GDP= $20 trillion Marginal Propensity to consume=.7 Based on the data, answer the following: (5) 10. What data indicate there is a problem and why? (2) 11. […]

4. Suppose that we have a standard Solow model with a. Cobb—[buglas produc—tion function. The central equation of the model is as follows: km 2 SAFE? + (l. – {guiltConsumption per worker is given by: q=[1-5)Akf. {a} Solve for an expression for the steady state capital stock per worker. Indoing so1 assume that the level […]

If NX falls $40 billion, the MPC is 8/11, and there is a multiplier effect (no crowding out and no Question 1. If NX falls $40 billion, the MPC is 8/11, and there is a multiplier effect (no crowding out and no investment accelerator), how much does aggregate change (direction and size)? Macroeconomics

Question Assume that the economy is growing steadily and hasn’t had a recent recession. A new administration increases spending on the military by $200 billion. What is your estimate of the multiplier in this situation and what do you predict will be the impact on GDP? How would your answer change if the economy were […]

Question If the marginal propensity to consume (MPC) is 2/3, an increase in government spending (G) from $20 million to $35 million will increase equilibrium income by: A) $15 million B) $10 million C) $25 million D) $45 million Macroeconomics

Question Initially, real interest rates in the United States, England, and Japan are all equal, at 5 percent. Then the central banks alter their policies, so that the American interest rate rises to 6 percent, the Japanese rate falls to 4 percent, and the British rate stays at 5 percent. a) How would you predict […]

Question Consider the following hypothetical data for the US economy in 2020 (all amounts are in trillions of dollars). Consumption- 11.0 Non-income-related taxes net of subsidies- 0.8 Depreciation- 1.3 Government spending- 3.8 Imports- 2.7 Gross private domestic investment- 4.0 Exports- 2.5 A. Based on the data, what is GDP? NDP? NI? B. Suppose that in […]

The impact of an expansionary fiscal policy when countries do not have a lot of access tointernational capital markets is economic growth. The aim of expansionary fiscal policy is tobring about… Macroeconomics

The labor force consists of 154,704 Question You are given the following information: The labor force consists of 154,704 adults The number of employed adults within the labor force is 139,442 The number of adults not in the labor force is 82,624 What is the unemployment rate in this economy? Macroeconomics

Question Which of the following can cause demand-pull inflation if the economy is currently in equilibrium at full-employment GDP? An increase in the labour participation rate An increase in net exports A decrease in real wages A reduction in government spending An increase in the company income tax rate. Macroeconomics

Question Hi! I need to choose a topic for a research paper in Macroeconomics. I’m trying to find a topic that’s interesting and a little unique. Does anyone have any ideas? Thank you :)! Macroeconomics

Question An increase in the price level that reduces the real value of wealth is likely to ________ consumption and ________ saving. Possible Answers: increase; increase decrease; decrease decrease; increase increase; decrease have no effect on; have no effect on Macroeconomics

a. a decrease in taxes Question If there is a decrease in personal taxes, the correct sequence of events is a. a decrease in taxes increases disposable income which increases consumer spending. The increase in consumer spending shifts AD to the right increasing output and price level. b. a decrease in taxes increases disposable income […]

Question Changes in which of the following variables will cause the current nominal exchange rate to change? A. B. C. D. E. Future expected domestic nominal interest rates. Future expected foreign nominal interest rates. The future expected long-run nominal exchange rate, Eet+n . All of the above. None of the above. Macroeconomics

Question An efficiency wage is: A. Equal to the market-clearing level. B. Above the market-clearing level. C. Below the market clearing level. D. Equal to marginal productivity of labor. Macroeconomics

Question Suppose the multiplier has a value that exceeds 1, and there are no crowding out or investment accelerator effects. Which of the following would shift aggregate demand to the right by more than the increase in expenditures? Select one: a. an increase in government expenditures Macroeconomics

Question In the Mundell-Fleming model with floating exchange rates, explain what happens to aggregate income, the exchange rate, and the trade balance when the money supply is reduced. What would happen if exchange rates were fixed rather than floating? Macroeconomics

Running head: Housing market NameInstitutionCourseProfessorDate submitted 2 The Housing MarketThe housing business sector is conceivably a standout amongst the most essential markets inwhich… Macroeconomics

Running head: ANALYSIS OF WORLD DATA ON GDP World data on GDPNameInstitution 1 ANALYSIS OF WORLD DATA ON GDP World data on GDPPart 1.Grossdomesticproduct 2 0.9 0.8 1.1 expendituresGoods 2.7… Economics

Question Assume the economy is at full employment as of January 2018 and the government passes a tax bill that reduces taxes by $100B. The tax bill, however, does not change government spending. (These are are all short answer, but please provide enough detail to explain your answer. That is, it is not sufficient to […]

paraphrased and quoted material must have 1. ( Consumption) Use the following data to answer the question below: Real disposable income(Billion $)100200300400 Consumption Expenditure(Billion $)150200250300 Savings (Billion $)… Macroeconomics

output Question In the long run, but not in the short run, which of the following is correct? 1) output is fixed 2) prices can change but the level of output is fixed 3) some resource prices are fixed 4) prices are fixed but the output level can change Macroeconomics

Question On which of the following policies do Keynesians and monetarists agree? a Fiscal policy is most effective in a very open economy. b Monetary policy is less effective in a very open economy. c Fiscal policy works directly through spending. d Monetary policy works indirectly through spending. Macroeconomics

a $10,000 10 year US government bond that guarantees you 2% interest per year Question You recently bought a $10,000 10 year US government bond that guarantees you 2% interest per year for each of the next 10 years, after which you will receive your initial $10,000 back. If interest rates in the US increase […]