What other options might be open to the government

Assignment Help Econometrics
Reference no: EM13244910

the equilibrium national income is €100,000. thegovernment estimates that full employment would be achieved atalevel of income of €110,000. the mpc=.8, the mpm=.3

a)how much of government spending would be needed to achieve full employment?

b)what other options might be open to the government

Reference no: EM13244910

Questions Cloud

Explain acid-base equilibria : In acid-base equilibria, the strength of acids and bases are reflected by their Ka's and Kb's, respectively. Explain, using examples while Ksp cannot directly reflect the solubility of the ionic compound.
Find the expression for the electric potential v(x) : A uniform electric field has a magnitude 2.40 kV/m and points in the +x direction, Find the expression for the electric potential V(x) if its value is chosen to be zero at x = 0
Discuss the role of corruption in the modern economy : Discuss the role of corruption in the modern economy. Give specific examples of instances of corruption duringa) S&L crisis and the recession of 1991 b) Enron and the recession of 2001 c) Subprime mortgages and the recession of 2007
Explain calibration curve technique : Briefly explain how you would alter the calibration curve technique to determine the concentration of glucose in a urine sample.
What other options might be open to the government : the equilibrium national income is €100,000. thegovernment estimates that full employment would be achieved atalevel of income of €110,000. the mpc=.8, the mpm=.3 a)how much of government spending would be needed to achieve full employment
Calculate the effective temperature of the sun : The solar constant is the power received from the Sun per unit area perpendicular to the Sun's rays at the mean distance of Earth from the Sun, Calculate the effective temperature of the Sun if it radiates like a blackbody
What is the best batch mix that optimizes total cost : He has at least ten hours of each activity to do each week, but refuses to more than twenty hours of any one of these activities to keep himself from getting bored with any one activity. How should he schedule his time to optimize his revenue?
Determine approximate ph range suitable for the separation : Find the approximate pH range suitable for the separation of Fe3+ and Zn2+ ions by precipitation of Fe(OH)3from a solution that is initially 0.015 M in both the ions. Assume a 99% precipitation of Fe(OH)3.
Picking a location for a network operation center noc : What are the three key factors that you would consider in picking a location for a Network Operation Center? (NOC)?

Reviews

Write a Review

Econometrics Questions & Answers

  Calculate the breakeven annual mileage for the two vans

The diesel powered van costs $39,000 and the gasoline powered one $34,000. They have fuel economies of 11mpg and 7mpg respectively. Gasoline is expected to have an average price of $2.25 per gallon, diesel $2.35 per gallon. The company uses 17.5% ..

  Compute a consumer price index for apples for each year

Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys only 10 red apples. In year 2, red apples cost $2, green apple costs $1, and Abby buys only 10 green apples. a. Compute a consumer price index ..

  What impact will the govt policy have on gasoline sales.

In an effort to make gasoline more affordable for our population, the US government mandates that gasoline be priced at $3 per gallon, while the market price at present is $4 per gallon. What impact will this policy have on gasoline sales.

  By how much does the money supply change

Assuming that people hold no currency, what happens to each of these values if the central bank changes the reserve requirement ratio to 3%, banks still want to hold the same percentage of excess reserves, and banks don't change their holdings of ..

  Determine what is the net present value of the project

Rent-to-Own Equipment Co. is considering a new inventory system that will cost $750,000. The system is expected to generate positive cash flows over the next four years in the amounts of $350,000 in year one, $325,000 in year two, $150,000 in year..

  What other factors besides price might be included in demand

You are the manager of a large automobile dealership who wants to learn more about the effectiveness of various discounts offered to customers over the past 14 months. Following are the average negotiated prices for each month and quantities sold ..

  Find uniform annual amount that is equal to a uniform series

Find the uniform annual amount that is equivalent to a uniform gradient series in which the first year's payment is $500, the second year's payment is $600, the third year's payment is $7000, and so on, and there is a total of 20 payments. The ann..

  Determine the marginal revenue product function

Consider the following short-run production function ( where L =variable input, Q=output): Q=10L - 0.5 L2 Suppose that output can be sold for $10 per unit. Also assume that the firm can obtain as much of the variable input (L) as it needs at $20 p..

  Find average fixed cost of producing 10 units of output

a.) The fixed cost of producing 10 units of output. b.) The variable cost of producing 10 units of output. c.) The total cost of producing 10 units of output. d.) The average fixed cost of producing 10 units of output.

  Which is the opportunity cost of producing 100 motorcycles

The United States, at the point where it is currently producing, must give up the production of 300 motorcycles to produce 15 additional SUVs with the same resources. Which of the following is the opportunity cost of producing 100 motorcycles

  Determine what will the initial monthly payment

you borrow $120,000 with a 30-year term at a 9% (APR) variable rate and the interest rate can be changed every 5 years. a) what will the initial monthly payment b) if the leader's interest rate is 9.75% (APR) at the end of 5 years, what will the new ..

  Determine what is the firm minimizing costs

A firm uses two variable inputs, labor, L, and raw materials, M, with typically shaped isoquants. It pays $20 per hour for L and $5 per unit for M. At the current mix of L and M, the marginal products of L and M are: MPL = 20 MPM = 4

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