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!
Concept of the macro economy
Here is what I need to get "smart" on:
I need to discuss the concept of the macro economy. Specifically:1. How do we define the total value of economic output and how do we measure it?2. What are the major performance goals that we set for the economy, and how do we measure the performance?3. Finally, discuss (in depth) the concept of macro economic equilibrium in terms of injections and withdrawals from the circular flow of wealth and in terms of aggregate demand and aggregate supply.
If you could explain these things with a bit of detail, but in reasonably basic terms to the point where I might be able to get a fundamental understanding, I'm hoping that the textbook(s) will make more sense to me. I would certainly appreciate it.
Elucidate the price elasticity of supply for your chosen industry.
If the rate of return earned on reinvested funds is 15 percent also the industry reinvests 40 percent of earnings in the firm, what must be the discount rate.
Elucidate why the general level of wages in high in the United States and other industrially advanced countries.
What is the share of Household A's income spent on education? Does this household consume more or less education if EF = 20 is provided by the government? What is the share of Household B's income spent on education?
Suppose that natural real GDP is constant. For every 1 percent increase in the rate of inflation above its expected level, firms are willing to increase real GDP by 2 percent.
Provide a graph of the Solow model, indicating the position of the golden rule level of saving (SR), and explain why it is preferred.
Illustrate what is the present rate of unemployment and the current rate of inflation
As we know about the own-price elasticity for good x.
What government officials increase the price of parking ticket from $40 to $50; they are surprised that their revenue actually falls. What happened?
If the government starts welfare policy which pays B to all non workers and 0 to all workers, at what value of B will Mike opt out of the labor force and go on welfare?
Estimate the relationship among inflation and unemployment.
Assume you own a home re-modelling company. You are currently earning short-run profits. The home re-modelling industry is an increasing-cost industry.
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