Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The following equations describe an economy.
Y=C+I+G
C=120+0.6(Y-T)
I=100-10r, G=60 T=40
M/P=Y-20r. M=600 P=20
a. Derive the equations for IS and LM curves.
b. Find the equilibrium level of income and the equilibrium interest rate.
c. Suppose government expenditure increases by 50%. Find the equilibrium interest rate and income.
d. After the government fiscal policy action described in c., what action can the Fed take to mitigate an interest rate hike? Depict this on the IS-LM graph. What variable can the Fed change and by how much? Compute the equilibrium income and interest rate when the Fed responds to the fiscal policy action in c.
If the price of good A decreases by 5% and the quantity demanded of good B increases 10.2%, find the cross price elasticity of demand. Are the goods substitutes or complements? Why?
q.suppose that a professor p has recruited a teaching assistant mr. a. professor p needs to increase her payoff
q.a can of soda costs 0.75 in the united states and 12 pesos in mexico. what would the peso- dollar exchange rate be if
Calculate the tax rate on wages necessary to pay Social Security benefits this year assuming the system is operating on a pay-as-you-go basis. calculate the tax rate necessary to pay promised benefits on a pay-as-you-go basis. What can be done to low..
Answer this question based on the payoff matrix above for a duopoly in which the numbers indicate the profit from following either an international strategy or a national strategy. Refer to the above table. If firm A chooses an international strategy..
Distinguish between the crowding-out effect also the Ricardo-Barro effect. Elucidate how are the two effects related
If a price ceiling is not binding, then
A contractor is considering whether to buy or lease a new machine for her layout site work. Buying a new machine will cost $12,000 with a salvage value of #1200 after the machine's useful life of 8 years. On the basis of an internal rate of return an..
A licensing agreement is an arrangement whereby a licensor grants the rights to intangible property to another entity (the licensee) for a specific period, and in return, the licensor receives a royalty fee from the licensee. Remember that technologi..
One of the central ideas taught in econonimics is that fixed costs are sunk costs, and that fixed cost are irrelevant to current decision making. Show why this true through the use of calculus and the idea of profit-maximization.
Which of the following is an example of implicit cost for a firm?
Why do economists attempting to forecast short run future changes in real GDP and employment look closely at data on business inventories and unfilled orders? What conclusion could be drawn if the volume of unfilled orders and average length of deliv..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd