Policies which reduce energy supplies

Assignment Help Macroeconomics
Reference no: EM13910035

MAKE-UP ASSIGNMENT FOR QUIZ 1

1. Indicate whether the following statements are true or false and briefly explain your answer.

a. Actions by government to increase spending and by the central bank to increase the money supply will cause interest rates and GDP to rise.
b. Policies which reduce energy supplies and/or raise their production costs will cause the aggregate price level to rise, national output to decrease and unemployment to rise.
c. If chartered banks invest their excess reserves in assets other than loans, the money supply will decline.


2. Indicate how each of the listed variables(GDP, consumption and interest rates change in each of the following separate events. Briefly explain.

a. The recent strengthening of the Canadian dollar causes exports to decline and imports to rise.
b. Provincial and the federal governments in upcoming budgets restrain spending and/or raise taxes in order to move back to fiscal balance
c. The Bank of Canada has moderately tightens monetary policy in the next twelve months.

The variables are Canadian GDP, interest rate, and consumption

 

Reference no: EM13910035

Questions Cloud

Discuss when it is appropriate to use t-based interval for m : Discuss when it is appropriate to use the t-based confidence interval for m. Using Table A.4 (page 792), find t.100, t.025, and t.001 based on 11 degrees of freedom. Also, find these t points based on 6 degrees of freedom.
Calculate the degrees of freedom for the table : A researcher wants to see if urban, suburban and rural communities differ in terms of the support for food banks. The researcher randomly chose 4000 food banks from around the country and interviewed the director of each. Calculate the degrees of ..
Temperature of the sample : The specific heat of tungsten is 0.03 cal/g°C. If a 50 gram sample of tungsten absorbs 100 calories of heat, what will be the change in temperature of the sample?
What is the ksp of salt : A saturated solution of BaSO4 at 250C contains 3.9 10 -5 mole/liter of Ba2+ ions. What is the Ksp of this salt?
Policies which reduce energy supplies : Policies which reduce energy supplies and/or raise their production costs will cause the aggregate price level to rise, national output to decrease and unemployment to rise.
The rough draft of your diversity management proposal is due : The rough draft of your Diversity Management Proposal is due
What is the project cost of equity : How much importance should be given to the energy cost situation and What is the project's cost of equity?
Find the 25th percentile of the distribution of tar amounts : Suppose the amount of tar in cigarettes is described by a normal model with a mean of 3.5 mg and a standard deviation of 0.5 mg. Find the 25th percentile of the distribution of tar amounts
Mass and percent natural abundance of the other : Bromine has two naturally occurring isotopes. One of them, bromine -79 has a mass of 78.9183 u and an abundance of 50.69%. What must be the mass and percent natural abundance of the other, bromine-81?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Question on marginal benefit to consumers

Assume these customers live in Cuba and get a ration of 50 units of Q each month. What is the marginal willingness to pay at this level of consumption for each  customers ?

  Explain higher price reduces the demand

This reduction in demand will push the equilibrium price and quantity back to its original level. Since the equilibrium price remains unchanged, smokers will consume the same number of cigarettes" Do you agree or disagree with this view?

  Equilibrium allocation of time between work and leisure

A needy family of a mother and three children currently receives cash benefits that average $12 per day. The mother of this family is allowed to earn an average of $4 per day before her benefits begin to decline. After that, for each dollar earned..

  What do you think tax rebates would stimulate

It is proposed that Congress pass a fiscal stimulus package that includes tax rebates for individuals. Is this Keynesian or Monetarist policy. What do you think tax rebates would stimulate the economy.

  Relate this information to the following statement

Suppose that, on the basis of a nation’s production possibilities curve, an economy must sacrifice 10,000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9000 ..

  Explain how does the marginal price for a product like

Explain how does the marginal price for a product like this differ from a product like automobiles. What relevance might there be to this difference.

  Derive the marshallian demand functions

A consumer of two goods faces positive prices for both goods and has positive income. Her preferences over consumption of good 1 and good 2 are represented by the following utility function: u(x1; x2) = 1 - (x1 4)^2 - (x2 3)^2

  Examples of game theory

Two executives were arrested by authorities for embezzling money for their firm. Short of confusion the only had enough evidence to put them away for 10 Years.

  What will be the price and the output they produce

The table above has the market demand schedule in an industry that has two firms in it. The marginal cost of this product is zero because these two firms have exclusive ownership of the resource and it does not cost any additional amount to produc..

  How much of the deficit was monetized

Suppose that the federal government’s annual budget deficit is $250 billion and that the Fed’s holdings of government securities increase by $10 billion over the year. How much of the deficit was monetized?

  When the discount rate is increased or decreased

Explain how these actions would affect the money supply, interest rates, spending, aggregate demand, GDP, and employment.

  Give a full explanation as to why that statement is correct

Indicate whether every of the following statements is true or false, and explain why. If a statement is false or true, please give a full explanation as to why that statement is correct or not.

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