What is the effect of increasing g by 310

Assignment Help Microeconomics
Reference no: EM13553538

IV Utopia is described by the following equations:
C=80+0.75YD I=115-10r T=-20+0.2Y M=20+0.05Y
YD= Y - T G=200 X=100
Money supply=450 Demand for Money=110+0.55Y-10r
F= -60+2r B= F+X-M
Calculate:
(a) Equilibrium output level and the equilibrium interest rate plus the position on the BoP
(b) What is the effect of increasing G by 310 and expanding money supply to 940.

Reference no: EM13553538

Questions Cloud

How much energy does this engine extract : Two energy reservoirs are at 20 degrees Celsius and 827 degrees Celsius. How much energy does this engine extract from the hot reservoir to do 3500 J of work
Calculate the erp effective rate of protection : Calculate  the ERP (effective rate of protection)
Relating to blackbody spectrum-photoelectric effect : The fundamental physical constant of quantum mechanics, h, has played an important role in each of the three theoretical advances (those relating to the blackbody spectrum, the photoelectric effect, and the structure of the H atom).
Journalizing and posting : Enter a debit balance of $1,500 as of May 1, 2014. Place a check mark (?) in the Posting Reference column.
What is the effect of increasing g by 310 : What is the effect of increasing G by 310 and expanding money supply to 940.
Find the resulting angular speed of the carousel : A playground carousel is free to rotate about its center on frictionless bearings. Find the resulting angular speed of the carousel and person
Prepare the summary entries to record the assignment : Prepare the summary entries to record the assignment of costs to Work in Process from the data on the job costsheets.
State to what volume should you dilute solution : To what volume should you dilute 133 of an 8.20 solution so that 49.0 of the diluted solution contains 4.44? Can someone please show how to solve this
Jessica preferences can be represented by a utility functiom : Jessica's preferences can be represented by a utility function: U(x, y) = max(x, y). Consider a bundle { x = 10, y = 3 }. Draw Jessica's indifference curve containing this bundle. Explain why her preferences are "non-convex"

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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