Reference no: EM13837804
Please write in some detail on all of the followings:
1. How does an increase in G affect the economy? Please show it using AD/AS frameowrk.
2. How does an increase in income tax rate affect economy? Please show it using AD/AS frameowrk.
3. Expansionary fiscal policy: what does it mean? How does it work?
4. Contractionary fiscal policy: what does it mean? How does it work?
5. Please distinguish between discretionary and automatic fiscal policy.
6. Please distinguish between the Keynesian and Classical views about the correction of problems that arise from business cycle.
7. Please define MPC and MPS.
8. Please define spending multiplier. What is its significance in fiscal policy discussion?
9. Say, the economy needs $8 bn spending to get out of recession. MPC for the economy is 0.8. What is the multiplier? How much should be the increase in Government spending?
10. What is loanable fund market about? Show it in graph.
11. What are the sources of supply and demand of loanable fund?
|
How does an increase in G affect the economy
: How does an increase in G affect the economy? Please show it using AD/AS frameowrk. How does an increase in income tax rate affect economy? Please show it using AD/AS frameowrk. Expansionary fiscal policy: what does it mean? How does it work?
|
|
The rate of species extinction on earth
: The rate of species extinction on Earth is currently very high-perhaps as high as it has been since the time of the dinosaur extinction. Which of the following human actions is not a major cause of this high extinction rate?
|
|
Different internal and external factors
: As you recall we began the projects we are to consider many different internal and external factors that might impact relationships at work. For example:
|
|
What is the effect of sticky wages in the economy
: Aggregate demand and aggregate demand curve. The three reasons that explain the downward slope nature of the AD curve. Recessionary and inflationary gaps: please use AD/AS curves to show. What is the effect of sticky wages in the economy? What is eco..
|
|
Expansionary fiscal policy and contractionary fiscal policy
: How does an increase in income tax rate affect economy? Please show it using AD/AS frameowrk. Expansionary fiscal policy: what does it mean? How does it work? Contractionary fiscal policy: what does it mean? How does it work? Please define spending m..
|
|
Aggregate demand and aggregate demand curve
: Aggregate demand and aggregate demand curve. The three reasons that explain the downward slope nature of the AD curve. Please list some factors that shift the AD curve to the right or left. Please explain why the SRAS curve is upward sloped and LRAS ..
|
|
Compute the mean and variance
: Compute the mean and variance for each of the following activities: Activit y A B C D E F G H I J Optimisti c 5 3 18 9 8 1 45 12 7 22 Pessimisti c 10 21 32 11 8 10 95 15 11 80 Most Likely 7 15 25 10 8 6 60 13 9 60
|
|
Difference between fiat money and commodity money
: What are the functions of money? What is the difference between fiat money and commodity money? What are the two responsibilities of the Federal Reserve? Please explain how the three traditional tools of monetary policy work in terms of expansionary..
|
|
What you expect to happen as t and w increase or decrease
: A completely enclosed stirred-tank heating process is used to beat an incoming stream whose flow rate varies. The heating rate from this coil and the volume are both constant.(a) Develop a mathematical model (differential and algebraic equations) tha..
|