User Account

All Pages

Find the gross national disposable income

Assignment Help Business Economics
Reference no: EM131756802

The following are equations for the open economy of Naboo in billions of republican credits

Consumption: C = 120 + 0.75(Y - T)

Tax revenue: T = 40 + 0.2Y

Investments: I = 230

Government spending: G = 560

Exports: EX = 350

Imports: IM = 30 + 0.1Y

NFIA = 0 and NUT = 0

  1. Find the gross national disposable income (GNDI or Y) of Naboo
  2. Using your answer in a above, find tax revenue and consumption of the Naboo
  3. To what extent do you agree with the following statement: "The Naboo are running a current account deficit". Be sure to provide proof of answer

Reference no: EM131756802

Questions Cloud

Different types of people a and b : Suppose that there is only one firm which produces a certain good and that there are two different types of people A and B. People A and people B values.
Define behavior of fixed and variable costs : Fama Packaging identifies its relevant range of production to be between 120, 000 and 150, 000 units. You have been asked to create a manufacturing.
What developmental research design was used : Summary of the methodology by addressing the following. What method of data collection was used? What developmental research design was used?
Does government spending create jobs : The Golden Gate Bridge is an international symbol of San Francisco. The bridge spans the entrance to San Francisco Bay from the Pacific Ocean.
Find the gross national disposable income : The following are equations for the open economy of Naboo in billions of republican credits
Determine which single lesson would be most beneficial : Evaluate the lessons learned in this chapter to determine which single lesson would be most beneficial to the company you researched.
What are the core values of american government : What are the similarities and differences between today's version of federalism and the federalism that was established in 1787
Discuss the evolving nature of clinical psychology : Discuss the differences between clinical psychology and other mental health professions, including social work, psychiatry, and school psychology.
Create one innovative approach that is not discussed : Create one innovative approach that is not discussed in the textbook for increasing the amount of innovation within a large company.

Reviews

Write a Review

Business Economics Questions & Answers

  Combinations of goods on production possibilities frontier

Combinations of goods on the production possibilities frontier

  Repeat both parts with a ten percent flat tax

Suppose the wage is 100 per hour and that the consumer has 100 hours H to work with. Suppose that the MRS is given by c/l. What will the consumer’s choices of c and l be. Repeat with an upper bound of 10 hours. Repeat both parts with a ten percent fl..

  Characteristics of the group peta

1. Analyze the characteristics of the group PETA and contrast it to the groups ALF and ELF.

  Minimum wage will lead to increase in unemployment rate

On April 1, 2009, in the middle of a recession, the government of the province of Ontario, Canada increased the provincial minimum wage from $8.75 to $9.50. What will the likely effect of this policy be? Both the leftward shift in the labor demand cu..

  What is effect of increase in tax rate on interest income

What is the effect of an increase in the tax rate on interest income on the supply of and the demand for loan able funds?

  What does her budget constraint look like now

Supermarket ends its promotion. What does her budget constraint look like now. What combination of meat and potatoes maximizes her utility.

  Which position is more persuasive

Do Bill Easterly and Jeff Sachs agree or disagree over the impact of imperialism and colonialism in the past on the situation in poor countries today? Be sure to explain both positions. Which position is more persuasive? Why? Explain.

  Purpose of the sid on a cellular phone or sim card

1. What is the purpose of the SID on a cellular phone or SIM card? 2. What is the maximum data transmission rate of LTE Advanced?

  Algorithm of the program

For this exercise you are to write a program (in C or C++ preferably) that reads a text file containing a number of words and displays the words.

  Describe coefficient of correlation the two variables

Describe the coefficient of correlation between the two variables. Interpret the value. Is it reasonable to conclude that there is a positive relationship between revenue and occupied rooms.

  European retailers utilize a wide variety of government

European retailers utilize a wide variety of government regulations to restrict entry.

  Network consists of three types of stores

The U.K. Body Shop franchise network consists of three types of stores—franchised, company-owned, and partnership stores. All stores that are distant from headquarters by more than 300 miles are franchised. More than half of the company-owned stores ..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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