Change in equilibrium level of real gdp

Assignment Help Business Economics
Reference no: EM132639697

-What is the multiplier when the change in equilibrium level of real GDP in the aggregate expenditures model is 9, and change in autonomous aggregate expenditures is 3?

-What is the multiplier when the marginal propensity to save is 1/3?

-What would happen to the marginal propensity to save when a tax cut was enacted causing the multiplier to change to 5?

Reference no: EM132639697

Questions Cloud

Determine the interest paid on certified indebtedness amount : The mortgage interest paid during the year is $6,500. Determine the interest paid on the certified indebtedness amount
What would happen to the marginal propensity to save : What would happen to the marginal propensity to save when a tax cut was enacted causing the multiplier to change to 5?
Calculate the total manufacturing costs for july for job : Prepare the journal entry when job A254 was completed on 26 July, assuming that the balance of work-in-process inventory for job A254 on 1 July
What is the amount of their child tax credit : They have no other tax credits for the tax year. What is the amount of their child tax credit/credit for other dependents on Form 1040, line 13a
Change in equilibrium level of real gdp : What is the multiplier when the change in equilibrium level of real GDP in the aggregate expenditures model is 9, and change
What amount of EIC is Tyler eligible to receive : Tyler is a qualifying widower and has 10-year old twin boys. Assuming all EIC requirements are met, what amount of EIC is Tyler eligible to receive
What are disadvantages of billing of medicare fee schedule : What are disadvantages of billing 100% or 500% of the medicare fee schedule as it relates to profitability? Explain in detail with an example.
What are the long-term implications of continued government : Should the United States government be required to have a balanced budget? What are the long-term implications of continued government indebtedness?
Discuss why this is environmental justice issue : Read the example below and discuss why this is an environmental justice issue. Identify potential health effects that might stem from this issue

Reviews

Write a Review

Business Economics Questions & Answers

  How did the real plan work

How did the "Real Plan" work? Why was it successful? What led the central bank to introduce a crawling peg in March 1995?

  Calculate equilibrium price-equilibrium quantity of ice

Suppose the demand for ice cream in Philadelphia is given by Qd = 2900 – 6P where Qd is the quantity demanded, and P is the price of Ice cream. Also, suppose the supply of ice cream is given by Qs = 5P – 510, where Qs is the quantity supplied of ice ..

  What is the impact of a government shutdown on the budget

In this discussion, you will compare and contrast monetary and fiscal policies. Consider two recent national crisis points: 9/11 and the banking failures of 2008. Was fiscal or monetary policy more immediately responsive to each crisis? Why? Was fisc..

  Why capital flows from more advanced-productive countries

Explain how and why the capital flows from the more advanced / productive countries in the Euro zone to the countries in the periphery helped (a) improve, or (b) did not help improve the current accounts positions of the countries in the periphery.

  Organic foods in preparing meals

Which of the following is the correct 95% confidence interval for p^, the proportion of all U.S. adults who use organic foods in preparing meals?

  Most common financial investments

What are the differences between the most common financial investments: stocks, bonds, and mutual funds?

  Allocation of money-maximizes utilitarian social welfare

An economy has $72, to divide between Hamlet and Ophelia. Hamlet has the utility function u[H] = U[H] (m[H]) = 3m[H], where m[H] denotes his quantity of money. Ophelia has the utility function u[O]= U[O](m[O]) = 42sqrt(m[O]), where m[O] denotes her q..

  How technological advance can contribute to economic growth

Define economic growth, and explain what it means in terms of standards of living. Explain how a technological advance can contribute to economic growth. Why do institutions such as private property rights promote economic growth?

  Describe the different effects ecological degradation

Describe the different effects ecological degradation may have on women, low-income earning regions, and racialized groups.

  Monetary growth rule or monetarism

The Fed moved away from Milton Friedman's monetary growth rule or monetarism because: Although Sigmund Freud’s research was carried out in the Victorian era, it clearly revealed that.

  What are two main requirements of any supervisory position

What are the two main requirements of any supervisory position, and which of these usually determines the effectiveness of a supervisor's performance? Why does effective communication mean better supervisiOn?

  Purchase in seven years time if the interest rate

An energy manager expects a need for a boiler that costs $150,000 in about seven years. How much money should the manager save each year to have enough money for the purchase in seven years time if the interest rate is (a) 10% and (b) 3%.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd