Elucidate what would be an equivalent home pay

Assignment Help Business Economics

Reference no: EM1349948

Q. The CPI (using a 1982 base year) for 1951 is 26.0. Suppose a household's annual take-home pay in 1951 was $8,320. Elucidate what would be an equivalent home pay in 1982?

Q. Consider an economy that is operating at the full-employment level of real (GDP). Assuming the (MPC) is 0.90; predict the effect on the economy of a $50 billion increase in government spending balanced by a $50 billion increase in taxes.

Reference no: EM1349948

Questions Cloud

Calculate the change in electric potential energy : calculate the average acceleration in m/s^2 (meter per second square), using a coordinate system with the X axis in the direction of the car's original motion and the Y axis toward the side of the road to which the car skids.

Explain how difficulty will it be for the owner to plan : Explain how difficulty will it be for the owner to plan for this new competitive threat.

Important information about managing people : Find examples of how business are being affected by and/or are dealing with issues and will also talk about a country, sports team or a political situation

Describe an achievement assessment : Briefly describe an achievement assessment (you can select any). Explain how the test reviews of the achievement assessment compare to the standards for assessments

Elucidate what would be an equivalent home pay : Suppose a household's annual take-home pay in 1951 was $8,320. Elucidate what would be an equivalent home pay in 1982.

Cost analysis of possible machine replacement : How do you suppose the owner came up with $400 as the loss for the next year if the new pizza oven were purchased? Explain. Criticize the owner's analysis and decision.

Find moment of inertia about the axis of rotation : An oscillator with a mass of 430 g and a period of 0.900 s has an amplitude that decreases by 1.00% during each complete oscillation. If the initial amplitude is 9.20 cm, what would be the amplitude after 44.0 oscillations? At what time will the e..

Organizational culture and conflict management : Organizational Culture and Conflict Management - Explain what aspects of a firm's organizational culture could help or hinder conflict management?

Biggest advantages of mathematical model : What would be the biggest advantages of a mathematical model that supports major investment decisions? Discuss in scholarly detail.

User Account

All Pages