What is the equilibrium level of gdp

Assignment Help Business Economics
Reference no: EM131253261

Consider the following model for the economy c=100+0.75(y-taxes) and I= 200, G= 50 and taxes+10+.16y. export=15 and imports= 5+.05y a- what is the equilibrium level of GDP? b- Suppose the level of investment is reduced by 50. What is the equilibrium level of GDP? C- Suppose the GOV spending raise spending by 100 and finances this increasing tax by 100 without change the rate income? Compute the new level of GDP from A

Reference no: EM131253261

Questions Cloud

Who had power in this organization : 1. Who had power in this organization? What type of power did Harry Walden have? 2. Do you think Roger played company politics well? If so, why didn't he get the international sales job?
What is the total theoretical oxygen demand of the waste : Calculate the NOD and ThOD of a waste containing 25 mg/L of ammonia-nitrogen (NH3 -N), 50 ing/L of phenol (C6 H5 OH). and 150 mg/L of naphthalene (C10 H8 ). What is the total theoretical oxygen demand of the waste?
Recommendation for managing down sizing exercise : Breifly explain porter notion of being '' stuck in the middle''. Is it always True? Explain the three disadvantage of being a first mover organizationWhat are some recommendation for managing down sizing exercise in an  organization
Substitutes in consumption : If goods A and B are substitutes in consumption, a decrease in the price of good B will _________. If goods A and B are substitutes in production, a decrease in the price of good B will _________. If goods A and Z are complements in consumption, an i..
What is the equilibrium level of gdp : Consider the following model for the economy c=100+0.75(y-taxes) and I= 200, G= 50 and taxes+10+.16y. export=15 and imports= 5+.05y. what is the equilibrium level of GDP? Suppose the level of investment is reduced by 50. What is the equilibrium level..
Calculate the time necessary to reduce the population size : For a population of bacteria with an initial biomass of 100 mg/L and a kd = 0.4 day-1 , calculate the time necessary to reduce the population size to 10 mg/L.
After the north american free trade agreement : After the North American Free Trade Agreement (NAFTA) was signed, trade restrictions between Canada, the United States, and Mexico were eased and cross-border trade increased. What predictions would the Heckscher-Ohlin model make concerning the chang..
Stage for computer innovations today : Discuss the challenges faced by the early information technology innovators, their motivations for creating their solutions, and ways they set the stage for computer innovations today.
Treasury of sold bonds to finance the budget deficit : In the Republic of? Ragu, the currency is the rag. During? 2009, the Treasury of Ragu sold bonds to finance the Ragu budget deficit. In? all, the Treasury sold? 50,000 10-year bonds with a face value of 100 rags each.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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