User Account

All Pages

Determining the corresponding numbers

Assignment Help Macroeconomics
Reference no: EM131091677

The price level will increase by

a) 2% or less

b) more than 2% but not more than 3%

c) more than 3% but not more than 4%

d) more than 4%

Suppose that last year consumption was $570 billion, tax receipts were $240 billion, and income was $900 billion. The corresponding numbers for this year are $600 billion, $250 billion and $950 billion.

Reference no: EM131091677

Questions Cloud

Worst economic downturn since the great depression : What are 3 reasons why economists have been able to justify the claim that the period from December 2007 to June 2009 represented the worst economic downturn since the Great Depression?
Describe any four rights of users of information systems : Describe an example of a time when you pointed out another person's mistake. How can you tell whether another person is merely making a mistake or purposely trying to deceive you? What happened in this case?
Should the federal reserve aim at zero inflation policy : Discussion Board Debate: "Should the Federal Reserve aim at a zero inflation policy?" Explanation: Virtually all economists agree that high inflation rates are disruptive. Economies experiencing double-digit inflation rates tend to have lower growth ..
Direct mapping : A block direct mapping cache has line/slot that contains 4 words of data. The cache size is 16k line. Main memory contains 16k blocks of 128 byte each.
Determining the corresponding numbers : Suppose that last year consumption was $570 billion, tax receipts were $240 billion, and income was $900 billion. The corresponding numbers for this year are $600 billion, $250 billion and $950 billion.
Cause an increase in the supply of cotton : Which of the following would not cause an increase in the supply of cotton?
According to the theory of supply-sellers will place : According to the theory of supply, sellers will place:
Examine the process of innovating and developing ideas : Now it's time to pull everything together and create your final business plan. Make sure to review all the feedback you received for Assignments 1, 2, and 3, and make the necessary corrections.
Set associative mapping : A block set - associative cache consists of a total of 64 blocks divided into four - block sets. The main memory contain 4096 blocks, each consists of 128 words.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Describing the problems of bank of canada

What are the two problems facing the Bank of Canada in trying to control the money supply precisely?

  Compute the cash payback period

The 3-Stooges partnership is planning three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows.

  Supply equations for wireless phones

Write down demand and supply equations for wireless phones; include two exogenous variables in each equation

  Explain how a monopolist can increase profits

What is the main difference between the demand curves for the perfect competitor and the monopolist?  Explain the difference between the firm's demand curve for each and then for the market for each.

  Beer-consuming nations in the world

I have chosen to export beer to Japan. Japan continues to be one of the top generally beer-consuming nations in the world and consumers have high disposable income and there is an increasing demand for sphere beers in Japan.???

  An economist would predict with certainty that equilibrium

Two events occur simultaneously in the market for automobiles: (1) an improvement in assembly line 'technology' and (2) the economy enters a 'recession' (which decreases 'income' of consumers). An economist would predict with certainty that equilibri..

  Describe which firms are likely to gain and which firms

Give a full explanation for your answers, and using a country of your choice for illustration, describe which firms are likely to gain and which firms are likely to lose from:

  How the opportunity cost of wheat is affected by a increase

Corn is used in the production of ethanol, which is a substitute for gasoline that can be blended with gasoline to stretch oil supplies in producing refined gasoline. Much of the farmland in the America Midwest can be planted with either wheat or ..

  Illustrate what will happen in the short run

Illustrate what will happen in the short run and long run to the world real GDP and the price level. Moreover, describe what policymakers could do after this has happened.

  Overfishing mighthave on the equilibrium price

Using a demand and supply diagram, describe the impact that overfishing mighthave on the equilibrium price and quantity of Bluefin tuna in the future.

  Government regulation on extraction of natural resources

Taxi fares in New York recently were increased by nearly 50%. Predict the effect on the price of taxicab medallions, the earnings of taxicab drivers and congestion in New York streets.

  Question 1 a being the manager of new bakery co ltd show

question 1 a being the manager of new bakery co. ltd show how your short-run production decision will differ from your

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