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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.
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Modify the program in Problem 7 to check that no one receives more than four tickets and that multiple requests from the same person are disallowed.
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Discuss if you agree with Maslow and give supporting reasons from other recognized sources (Journal Articles, etc).
My patent expires in a year, and I know other economic consultants will produce competing software. What quantity and price will result once competing software
The ps command is use to list process running on your Linux system. Provide five examples using the ps command.
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