User Account

All Pages

Change of the budget constraint

Assignment Help Macroeconomics
Reference no: EM131166867

The question is:

The original Budget constraint is p1x1 + p2x2 = m, an income tax levied at rate t (0<t<1) on the consumer. Draw the graph to explain the change of the budget constraint.

Reference no: EM131166867

Questions Cloud

Discuss changes that you would make to your local budget : Discuss changes that you would make to your local, state, or national budget based on the economic issue addressed in this article. If you feel no changes are necessary, explain how the current budget influences the circumstances in the article.
What is the best estimate of these bonds remaining life : Lloyd Corporation’s 14% coupon rate, semiannual payment, $1,000 par value bonds, which mature in 30 years, are callable 5 years from today at $1,050. They sell at a price of $1,353.54, and the yield curve is flat. Assume that interest rates are expec..
How health care disparities impact treatment decisions : Explain how health care disparities impact treatment decisions. Identify the health care policies that are in place that direct care for uninsured individuals. Is there a difference in how these individuals are triaged?
What is the probability of the investors total return : An investor has invested in nine different investments.- What is the probability that the investor's total return is between $400,000 and $520,000?-
Change of the budget constraint : The original Budget constraint is p1x1 + p2x2 = m, an income tax levied at rate t (0
Construct a half adder using nor gates : Construct a half adder using NOR gates. A multiplexer is a switching circuit that produces as output one of a set of input bits based on the value of control bits.
Discuss the effect on the assessable income of the parent : Discuss whether or not the three payments are income from personal exertion. Would your answer differ if she wrote the story for her own satisfaction and only decided to sell it later?
Setting and implementing monetary policy : What would happen if no one tried to manage the business cycle? What role do you see for the Executive Branch of the U.S. government in managing the business cycle? How does fiscal policy work? What are its limitations? How does monetary policy work?..
Determine which position you support : Evaluate both the advocates' position and the critics' position. Determine which position you support and defend your position through your research findings. Cite a minimum of 3 peer-reviewed sources not including your textbook.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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