What is the lottery payment plan

Assignment Help Macroeconomics
Reference no: EM13872780

1.Economic data has shown a relationship between Inflation and Unemployment rates.

What is this relationship called? What are some determining factors of the relationship?

How has government fiscal/monetary policy been utilized to attempt to manage this relationship?

2. International trade issues continue to permeate the news media.
Why is International trade an important issue? What is the primary rationale behind trade between parties? How does currency market management by governments (fixed exchange rates versus floating exchange rates) affect trading between countries?

3. "Corporate America has been accused of spending the last 30 years seeking out ways to reduce, or increase the efficiencies of its, labor force resource requirements".
Is this statement an accurate reflection of Corporate America's 'modus operandi'? If so, is this behavior a natural consequence of technological advancement and structural unemployment? If not, is Corporate America operating under the principle of "Profit
Maximization"?

4. You win a lottery and are offered the lump sum payment of $380,000.00 or the right to receive $100,000 per year for five years.

What is the lottery payment plan implied rate of time preference (approximation is ok)?

What is your implied rate of time preference, if you decide to take the lump sum versus the annuity? How would your expectations of

future inflation affect your decision process on choosing lump sum versus annuity? Show all calculations?

5. In a simple closed economy with an annual GDP of 2000 goods in year 1 and a static money supply of 2000 units.

What would you expect to happen to the price level of goods in this closed economy over time? Explain your answer and show calculations?


6. The annual (Year 1) GDP of a simple closed economy is 1000 units with annual savings of 100 units and a 15% Tax Rate and a 5% Transfer Payment rate.

Show and explain the changes on annual GDP, Consumption, Savings and Net Taxes of a increase in annual government spending from 100 units to 200 units?

What would be the change on the annual GDP, Consumption, Savings and Net Taxes if annual savings (in year 1) rose from 100 units to 150 units? Show and explain all calculations?

7.Is Monetary Policy an effective long term solution to solve a country's economic problems?

Reference no: EM13872780

Questions Cloud

Gravitational force on the package : For the 20.0 cm displacement, what is the net work done on the package by the three applied forces, the gravitational force on the package, and the normal force on the package?
Munsinger affair into a scandal that rocked parliament hill : So what other factors turned the Munsinger affair into a scandal that rocked Parliament Hill?
Find the work done on the particle : The curve is given by F = a/x2, with a = 9.0 N · m2. Find the work done on the particle by the force as the particle moves from x = 1.0 m to x = 3.0 m by
Design a 3-day guided city tour for a group : Design a 3-day guided city tour for a group of 20 gourmet chefs to eat and learn new techniques in Europe. The chefs require first-class accommodations. The chefs wish to attend at least 3 separate hands-on instructional sessions. Each chef has a ..
What is the lottery payment plan : What is the lottery payment plan
Suppose that two gay men or two lesbian women : Suppose that twogay men or two lesbian women wanted to get married, what kind of argument could a Utilitarian give on the subject? What kind of argument could a believer in Divine Command give? What kind of argument could a Kantian give?
The nfpo the gift could not be used until 2013 : Donor A gave the NFPO a cash gift of $ 50,000 in June 2012, telling the NFPO the gift could not be used until 2013. Identify the net asset classification in the journal entry made at the start of 2013.
Program should contain menu driven program : 1.Program should contain menu- driven program. 2.One function shows the user how to use the program.
Determine the number of outcomes in the sample space : Identify the level of measurement of the data listed on the horizontal axis in the graph - Which class has the greatest frequency and which has the least frequency?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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