User Account

All Pages

Output and imports change

Assignment Help Macroeconomics
Reference no: EM131053873

Suppose that a country's imports are given IM=20+.1Y, and their consumption is given by C=100+.8Y. If the government increases government spending by 300, by how much will output and imports change?

My work:

Government multiplier= 1/(1-.8+.1)=10

How is the answer, outputs rise by 1000 and imports rise by 100?

Reference no: EM131053873

Questions Cloud

State any assumptions you make : Outline algorithms for insertion, deletion, and modification of a file record. State any assumptions you make.
Explain the concepts of emergence structure agency and power : Reflecting on how business and their environments relate, explain the concepts of emergence, structure, agency and power. Using examples, explain how and why do businesses manipulate their environment
Should communications in these various types of media differ : What do you feel constitutes a "reasonable expectation of privacy" when it applies to electronic communication on the Internet? Explain.
Package of the load that the weight : The person finds that he needs to lift the load at an angle of 75o. He needs to lift 10 pieces per minute and perform the lifting job for 1 hour and 30 minute. The load doesn't have any gripper in order to grip using two hands. It is written on th..
Output and imports change : Suppose that a country's imports are given IM=20+.1Y, and their consumption is given by C=100+.8Y. If the government increases government spending by 300, by how much will output and imports change?
Discussion of the role of public parks : How changes in income , technology , or other changes in the economic environment may lead to changes in the balance between public and private provision. Illustrate, for instance, by a discussion of the role of public parks.
Calculate the shutdown price of operations : The objective of management is to determine below what price the company should shut down operations. a) Calculate the shutdown price of operations for Corporation XYZ.
Artist for reproductions of one of paintings : 1) According to the shut-down rule, a firm should shut down in the short run whenever- at the output level where MR=MC-___
Write a program to display the following output using a : Write a program to display the following output using a single cout statement. Write a program which accept two numbers and print their sum. Write a program which accept temperature in Fahrenheit and print it in centigrade.

Reviews

Write a Review

Macroeconomics Questions & Answers

  What mutually exclusive project combinations are available

only one tester may be bought and the press will not need overhauling if the line improvements are not made. what mutually exclusive project combinations are available if Angus Auto will invest in at least one

  What range of payments will the farmer accept

What are the highest and lowest payments from the writer that the beekeeper=farmer team will accept for the sixth day Assuming that the farmer can dispose of $7 of the writer as she wishes, what range of payments will the beekeeper accept

  Elucidate the relationship among the ratio marginal utility

Elucidate the relationship among the ratio of marginal utility and the price of each good consumed in consumer equilibrium.

  Describe the various components of fluctuations

Describe the various components of fluctuations in economy activity over time. Because economic activity fluctuates, how is long-term growth possible?

  Question about adverse selection and finance

Households make four kinds of economic decisions. Assume you have two households with the same income. Household A has one income earner and Household B has two income earners.

  How do the following events affect an aggregate spending

How do the following events affect an aggregate spending line?

  It is mandetary that a rational customer will not purchase

It is mandetary that a rational customer will not purchase any units of the product represented by these data.

  Illustrate what will happen to the equilibrium level

Illustrate what will happen to the equilibrium level of income if investors become optimistic about the country's future and raise their investment.

  Qd500-5p and qs2p-60what are the equilibrium quantity and

qd500-5p and qs2p-60what are the equilibrium quantity and price?how much consumer surplus exists in this market?if a 2

  Elucidate the percentage rate of full employment

Elucidate the percentage rate of Full Employment and Inflation that that these two organizations try to keep as its target.

  According to the wall street journal merger and acquisition

according to the wall street journal merger and acquisition activity in the first quarter of 2004 rose to 5.3 billion -

  Labor force participation rates in the future

Examine the characteristics of perfect competition. Think about the economic forces that lie behind the social attitudes and changes that have taken place in the labor market.

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