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The equations below show some macroeconomic information for the economy of Nightwing. All autonomous values are in billions of dollars.
C = 120 + 0.75YD
T = 12 + 0.06Y
I = 390
G = 191.5
XN= 540 - 0.13Y
Notice that the consumption function (C) is written in terms of disposable income (YD). You will need to substitution to get rid of the YD and replace it with Y.
A. The value of equilibrium national income is $Answer billion. Hint: this will be a whole number. No rounding required.
B. At equilibrium national income, the government will have a budget Answer surplusdeficit of $Answer billion. Hint:this value will have exactly one decimal point. Do not round.
What is the present worth of a $50,000 municipal bond that has aninterest rate of 4 percent per year, payable quarterly? Thebond matures in 15yrs , and the market interest rate is 8 percentper year, compounded quarterly.
When manufacturer decrease price for goods and services, it increase customer’s surplus and everyone standard of living. Therefore, it behooves government to impose below market value ceiling on customers goods,
Explain the concepts of capital and capital maintenance as defined in the InternationalAccounting Standards Board's (IASB) Framework for the Preparation and Presentationof Financial Statements (Framework).
Antitrust authorities at the Federal Trade Commission are reviewing you company' recent merger with a rival firm. The FTC is concerned that the merger of two rival firms in the same market will increase market power.
Before taking office as the new Federal Reserve chairman, Ben Bernanke advocated for the adoption of an inflation target to promote price stability.
Looking for someone who is familiar with this topic and would like to help me out. Need it completed today. As part of a marketing research committee for your organization, you have been assigned the task of preparing a 700-word research paper abou..
Assume your bank increase its minimum-balance requirement for free checking on checking accounts by $500. You take $500 out of your passbook savings account
Rolf's Supermarkets now sell 12,000 lbs. of grapefruit per week at a price of $0.45 per pound. An economist has reported to management that the arc elasticity of demand for the grapefruit over the price range $0.45 to $0.35 per pound is -2.0.
In health care, most physicians and facilities are paid for services rendered instead of the quality of the performance, known as pay for performance. Discuss how current trends in consumerism may change the way health care professionals are paid
The function y_1(t)=t^2 is a solution of the differential equation t^2y''-2y=0 ,Find a second linearly independent solution. Use the reduction oforder method. DO not use the formula.
(Business Behavior and Public Policy) Define market power, and then discuss the rationale for government regulation of firms with market power.
Enrodes is a monopoly provider of residential electricity in a region of northern Michigan. Total demand by its 2 million households is Q4 = 1,000 P and Enrodes can produce electricity at a constant marginal cost of $2 per megawatt hour.
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