Determine effect of the daycare program on consumption

Assignment Help Macroeconomics
Reference no: EM13333566

Suppose government were to provide free daycare for children and assume this has no effect on the real wage w, taxes T, and dividend income π. Determine effect of the daycare program on consumption, leisure and hours worked by the consumer. 

Reference no: EM13333566

Questions Cloud

What is the speed of the sled : a sled of mass 1 kg has an initial speed of 1.00m/s across a horizontal surface. the force of friction between the sled and surface is 0.2N. What is the speed of the sled after it ha traveled a distance of 2.00m
Determine is the ytc less than or more than the ytm : ABC has a twenty year bond that has just been issued with an 8% coupon rate. It pays interest semiannually and has a par value of $1000. It may be called in five years at a price of $1040.
Find how long does the lighter skater take to reach the edge : Two ice skaters, with masses of 30.0kg and 65.0kg , are at the center of a 60.0m -diameter circular rink. If the heavier skater reaches the edge in 40.0s , how long does the lighter skater take to reach the edge
Determine effect of the daycare program on consumption : Suppose government were to provide free daycare for children and assume this has no effect on the real wage w, taxes T, and dividend income π. Determine effect of the daycare program on consumption, leisure and hours worked by the consumer.
What is the angle subtended by the moon : To estimate the size of the moon, a person holds a round pencil of diameter 0.70 cm. When the pencil is 77 cm in front of his eye, What is the angle subtended by the moon
Analyze spanning tree creation : To assess the resiliency of typical network access switch block using Hot Standby Router Protocol (HSRP ) along with Spanning Tree Protocol and VLANs .
Calculate the marginal propensity to consume after the chang : 20 years ago the average savings rate was 20 percent of disposableincome. It is predicted that this would drop to 5 percent in lessthan five years
Find what is the tatal amount of cash paid a bond seller : 1. What bond feature permits a bond to be paid off early 2. When buying from a dealer, what price do you pay 3. what is the tatal amount of cash paid a bond seller by a buyer called 4. How is flotation costs handed in project cash flows

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!

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