What is the tax rate

Assignment Help Business Management
Reference no: EM131249559

C=75+.6Yd, I=125, G=81, X=25, T=-40+.35Y, Yd=Y-T, M=.05Y (note T has a lump sum component (-40) and component related to Y)

1. What is the tax rate?

2. Solve for equilibrium level of income?

3. What is the value of the government spending multiplier? tax multiplier?  (3 decimal places each)

4. At equilibrium, how much does the government collect in taxes?

5. Is the government running a budget surplus or deficit?

6. What is the size of the surplus/deficit?

7. Full employment is when GDP(or Y)=$803. Holding taxes constant, what change in government spending is needed to get full employment?

8. Holding government spending constant, what change in taxes is needed to get full employment?

9. What will be the change in equilibrium GDP if G increases by 100 and T decreases by 100?

Reference no: EM131249559

Questions Cloud

How did religion contribute to the antislavery movement : How did religion contribute to the antislavery movement? Why do you think some people claimed that slavery had been established by divine authority? Look at the Wide Awake poem in your book on p.187. Compare the sentiment here to the sentiment th..
Evaluate the value of assigning appropriate brand identities : Evaluate the value of assigning appropriate brand identities to represent health care goods, services, and institutions. Provide support for your rationale.
What sources of power are available to the instructor : What sources of power are available to the students to effect change in the classroom? -What sources of power are available to the instructor?
Contracting-agent indifference curves : Contracting: agent indifference curves. An agent has production costs given by:C(q) = 10 · q The agent is risk-neutral so his utility from accepting a payment t to produce q unitsis:UA = t - C(q)
What is the tax rate : 1. What is the tax rate? 2. Solve for equilibrium level of income? 3. What is the value of the government spending multiplier? tax multiplier?  (3 decimal places each) 4. At equilibrium, how much does the government collect in taxes?
Review should include a biography of the artist : Your review should include a biography of the artist, which will have been researched by you from one or more legitimate resources.
When a supervisor gives an order to a subordinate : What does it mean to say that all exercises of power are examples of exchanges? When a supervisor gives an order to a subordinate in an organizational setting, what is being exchanged?
Why does osha require employers to store bulk quantities : Why does OSHA require employers to store bulk quantities of ammonium nitrate within a bin that is clean and free of contaminants? Give an example of a contaminant, and describe its interaction with ammonium nitrate.
Innocent abroad-currencies and international stock returns : Complete the case study- Case Study - Innocent Abroad: Currencies and International Stock Returns. Monthly return local currency for China for month ending 31 Aug 1994

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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