Find the equilibrum gdp of consumption function

Assignment Help Econometrics
Reference no: EM13244322

CONSIDER AN ECONOMY IN WHICH THECONSUMPTION FUCTION TAKES THE FOLLOWING SIMPLE ALGEBRIC FORM C=300 +0.75 DI AND IN WHICH INVESTMENT (I) IS ALWAYS 900.00AND THE NET EXPORTS ARE ALWAYS -100.00 GOURNMENT PURCHASES AREFIXED AT 1200 HOW WOULD I FIND THE EQUILIBRUM GDP

Reference no: EM13244322

Questions Cloud

Describe two different roles that interest rates play : Identify & describe two different roles that interest rates play in the economy. Does a change in an interest rate indicate that a change in some part of the economy is occurring Explain.
What happens in the market for milk : Given that milk and cookies are complements, suppose the price of flour (an ingredient in cookies) rises. What happens in themarket for milk. In a competitive market, when price is below the equilibriumprice, there will be pressure for the price to.
Show the price and quantity combinations favored by partners : Larry, Curly, and Moe run the only saloon in town. Larry wantsto sell as many drinks as possible without losing money. Curlywants the saloon to bring in as much revenue as possible. Moe wantsto make the largest possible profit.
Calculate the ratios from the quantities : Calculate the ratios from the quantities stated in the financial statements and calculated and included in the financial statements that you produced for part
Find the equilibrum gdp of consumption function : CONSIDER AN ECONOMY IN WHICH THE CONSUMPTION FUCTION TAKES THE FOLLOWING SIMPLE ALGEBRIC FORM C=300 +0.75 DI AND IN WHICH INVESTMENT (I) IS ALWAYS 900.00AND THE NET EXPORTS ARE ALWAYS -100.00
Determine the tension in an elevator cable : Determine the tension in an elevator cable if the 2000 kg elevator is accelerating upward with an acceleration of 1.8 m/s^2
At what price while total expenditure of buyers : Evaluate the following events on prices and volume ofsales of houses in the Northern Kentucky housing market.Use demand and supply diagrams, label them carefully, and explainwhat affects the diagram as a result of each event.
Determine the velocity of the object at maximum height : An object is thrown vertically upward and has a speed of 20.0 m/s when it reaches two thirds of its maximum height above the launch point, determine The velocity of the object at maximum height
What is the governments opportunity cost of capital : The state's fish and game department has a capital budget of $9million. What is the government's opportunity cost of capital if ithas the following projects to consider What does this indicateabout which projects should be done

Reviews

Write a Review

Econometrics Questions & Answers

  When the same efforts must be made to uncork and pour bottle

Most restaurant customers tip according to a percentage rule - between 15 and 25 percent of the bill. Diners who have dinner and a $20 bottle of wine usually pay the same percentage of the bottle price as diners who order a $100 bottle.

  How management would implement the recommendations

Speculate how the price for that good or service may have been set and how well this price maximizes profit for the company and determine what shifts the company should made in its pricing strategy. Provide support for your recommendations.

  What would inflation rate be if money supply was decreased

If the velocity is fixed, what would the inflation rate be id the money supply was decreased $530 billion Is your answer consistent with the classical dichotomy Explain. Suppose that when the money supply changed.

  Which of the two people is less likely to take on risk

A driver faces a 5% probability that his car will be in an accident and will be worth nothing. Consider three drivers with cars that have value $30,000. Abdulla's utility function over the value of his car W is u(W) = ln(1 + W).

  How much should they invest now compounded daily

a couple just had a baby. How much should they invest now at 5.2% compounded daily in order to have $30,000 for the child's education 17 years from now Compute the answer to the nearest dollar.

  How much should the smog control district pay to firm

The local smog control district has agreed to pay to the firm a lump sum of money to provide for the first cost of the equipment and maintenance during its 10-year useful life. At the end of 10 years the equipment, which initially cost $10,000, is..

  Is this firm making the profit-maximizing decision

In a competitive industry, the market-determined price is $12. For a firm currently producing 50 units of output, short-run marginal cost is $15, average total cost is $14, and average variable cost is $7. a. Is this firm making the profit-maximiz..

  What interest rate the bond would yield to a bond buyer

What generalization can be drawn from the completed table There is insufficient data to make a generalization OR Bond price and interest rate are inversely related OR Bond price and interest rate are not related OR Bond price and interest rate are..

  Find the total profit earned at the level of output

The market supply and demand curves in a perfectly competitive market are, respectively: Qs= 400+25p and Qd= 700-50p The representative firm,in this market, has the following cost function: Q^3-7q^2=12Q+5

  What is pats profit-maximizing output per hour

Pat's pizza is a prince taker. It has the following hourly costs: OUTPUT: (PIZZA PER HOUR): 0,1,2,3,4,5,6 TOTAL COST: (DOLLAR PER HOUR): 10,21,30,41,54,69,86a) If pizzas sell for $14, what is Pat's profit-maximizing output per hour What is her profit..

  Was the station owner an avowed profit maximizer

In 1981, a Boston-based gas station owner set the highest gasoline prices in the nation. During that summer, he charged $1.69 per gallon for unleaded gas during the daytime and $2.59 per gallon at night, when other downtown gas stations were close..

  What can be done to meet the customers required reliability

Assume you are building a system (Aircraft, etc.) for a customer but using the best technology available. You cannot produce the reliability required. The customer requires reliability of .99 after the system (aircraft, etc.) has operated for 1000..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd