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Topic: The Goods Market
Questions:
1. GNP, GDP, NI and Trade Balance relations 2. Investment and saving, how do they affect each other? Show using national income accounting relations. 3. Consumption and saving plans, and determinants of consumption function. Show graphically and functionally. 4. Keynesian Cross and Equilibrium in the Goods Market. Z=Y. Show graphically and functionally. 5. The multiplier (definition and functional solution). 6. Fiscal policy in the Income-Expenditure Model. What is government expenditure and tax multiplier? Compare and contrast. 7. Paradox of thrift.
ECO380:Calculate the equilibrium of the first-price auction, assuming that equilibrium strategies are linear and calculate the equilibrium of the second-price auction, assuming that equilibrium strategies are linear.
Two identicial countries Alpha and Beta can be described by the IS-LM model in the short run. The governments of both countries cut taxes by the same amount. The Central Bank of Alpha follows a policy of holding a constant money supply.
What is the yield-to-maturity of a corporate bond with a 3-year maturity, 5 percent coupon (semiannual payments), and $1,000 face value if the bond sold for $978.30?
If a country imports more than it exports, describe three methods that residents of that country have to pay for the extra imports from foreign producers (i.e. changing ownership of assets or liabilities).
suppose that in one year household consumption falls by $20 billion(compared to the year before), but business firms continue to produce consumer goods at an unchanged rate. if there is no other change affecting real GDP that year
Based on absolute advantage and comparative advantage, Elucidate the effect of global economic conditions on the choices available to that country.
Explain how do you balance human suffering with the economic realities.
Acura and Volvo offer warranties on the automibiles, where wA is the number of years of an Acura warranty and w - V is the number of years of a Volvo waranty. The revenue for Firm i, i = A for Acura and V for Volvo is TRi=27,000wi / wA +wV. The fi..
The access control list for a file specifies which users can access that file and how. Some researchers have indicated that an attractive alternative would have a user control list, which would specify which files a user could access, and how. Dis..
1. Suppose there is a small, closed economy that produces bananas. The domestic demand and domestic supply curves for bananas in this small, closed economy are given as:
Suppose that in some two-player game, s1 is a rationalizable strategy for player 1. If s2 is a best response to s1, is s2 a rationalizable strategy for player 2? Explain Suppose that in some two-player game, s1 is a rationalizable strategy for pla..
What happens if the board of directors of the FOMC and the board of governors whose chairman also happens to be chairman of the FOMC have different goals?
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