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!
Assume the following Keynesian model:
AE = C + I + G + (X - M)
C = 750 + .75Yd
I = 800
G = 200
X = 400
M = 200 + .25Yd
T = 100
a. Find the aggregate expenditure function and equilibrium level of GDP.
b. Using a "Keynesian cross" (or 45-degree line) diagram, show graphically the equilibrium in part a).
c. What is the spending multiplier in this model? Tax multiplier?
d. Show that leakages = injections at equilibrium.
e. If government spending increases by $100, find the new equilibrium level of GDP. Show graphically.
Participate in a discussion with your classmates regarding how international trade affects our lives. You have a big stake in the politics of free trade versus international trade protections. As a buyer, your self-interest is hurt by tariffs and quo..
Illustrate if there were only one supplier of diamonds, elucidate what would be the price and quantity
Describe four different forms of business structure and how they differ from each other. Discuss some of the strengths and weaknesses (advantages and disadvantages) of each form of ownership or business structure. What factors should an entrepreneur ..
Suppose that the long-run world demand and supply elasticities of crude oil are -0.906 and 0.515, respectively. The current long-run equilibrium price is $30 per barrel and the equilibrium quantity is 16.88 billion barrels per year. Derive the linear..
A building is priced at $100,000. If a down payment of $30,000 is made, what would be the monthly payment to pay off the loan in 36 months? Interest is charged at a rate of 5%, compounded monthly.
Suppose that when household income in a city rises by 2%, and the price of good X remains unchanged, the quantity demanded of good X decreases by 15%. Then, in this city, the income elasticity of demand for good X is (7.50, -7.50, -0.13, 0.13) , and ..
Do you think the U.S. Post Office should be protected from competition What about a pharmaceutical company that has just spent millions to develop a life-saving drug
Jessica Alba, a famous actress, starts the baby and family products business, The Honest Company, with Christopher Gavigan. Describe a skimming price and a penetration price, and advise them whether they should charge a skimming price or a penetratio..
You inherit a phosphate mining company and are now in charge of production decisions. You only have two years to extract all of the phosphate because in three years from now, an environmental regulation will go into effect banning mining in that area..
If you wanted to assess the competitiveness of a country, would you focus on its spot exchange rate, its real exchange rate, its effective exchange rate, or some other measure of the company's currency's value? Explain
An individual donates artwork to San Francisco General Hospital. This was the only charitable contribution the taxpayer makes during the year. The artwork was purchased several years ago for $50,000; it is worth $140,000 at the time of the donation. ..
A pharmaceutical company has already spent 1 million dollars in research for a new drug and now has to make a decision. The company can either terminate the research program or it can move to the development phase. If the company moves to the develop..
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