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Consider the following IS/LM model for a closed economy
C=400+0.4yd ,I=200+0.3y-2000i, G=360,T=400 ,m/p=4y-100000i
ms=2600 (10 marks)i.Derive the IS equationii.Derive the LM equationiii.Solve for equilibrium real outputiv.Solve for the equilibrium interest ratev.Solve for equilibrium value of consumption and investment
Both banks that each of their entire $20 million loan package will be written off as bad loans. Will any of the two banks survive this crisis? Explain carefully.
Assume an endogenous growth model with labour augmenting technology.
Elucidate which methods resulted in the most hits. Elucidate which methods resulted in few or no hits.
Assuming migration is unimpeded and costless, which of the following statements is most accurate about the effect of immigration on wages in both the origin and destination nations?
Explain the connections between opportunity cost and the production possibilities frontier.
The lunch you buy in your school cafeteria is classified as: a) a consumer durable. b) a consumer nondurable. c) a service. d)either a consumer nondurable or a service because it fits into both categories.
many supply shipments to retailers are interrupted during a natural disaster. Assuming that the law is strictly enforced, illustrate what are the economic effects of the price gouging statue.
Clearly evalute at least three such factors that in your view should be included in the GDP calculations. Explain and illustrate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Gains from trade will result if a country specializes.
Assuming which the price elasticity of demand for U.S. exports equals 0.40 and the price elasticity of demand for U.S. imports equals 0.20.
imagine a backyard garden of fixed size and all other inputs except labor also fixed ; will adding a worker increase your output? Will adding another increase output by as much? another?
What is meant by "retrospective" billing of health care expenses. How can a system of retrospective billing impact health care expenditures
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