What would be the full increase in real gdp from the change

Assignment Help Econometrics
Reference no: EM13242657

The economy is in a recession. The government enacts a policy to increase spending by $2 billion. The MPS is .2. What would be the full increase in real GDP from the change in government spending assuming the increase would be in the horizontal range of the aggregate supply curve?

Reference no: EM13242657

Questions Cloud

Determine what is the approximate polish inflation rate : Suppose that the exchange rate between the Polish Zloty and the U.S. dollar is currently 4 Zls to the dollar. The one year forward rate for the Zloty is 4.5 Zls to the dollar
Explain twenty-five milliliters of liquid nitrogen : Twenty-five milliliters of liquid nitrogen (density = 0.807g/mL ) is poured into a cylindrical container with a radius of 11.9cm and a length of 17.2cm . The container initially contains only air at a pressure of 760.0mmHG (atmospheric pressure) a..
What is the minimum number of revolutions : You are on the Turkish Twist, an amusement park ride with your back against the wall of a spinning vertical cylinder of radius 4.0 m, What is the minimum number of revolutions per minute necessary to prevent you from sliding down the wall
Determine what is the approximate us inflation rate : Suppose that the exchange rate between the Russian ruble and the U.S. dollar is currently $0.03 to the ruble. The one year forward rate for the ruble is $0.025 dollars to the ruble.
What would be the full increase in real gdp from the change : The economy is in a recession. The government enacts a policy to increase spending by $2 billion. The MPS is .2. What would be the full increase in real GDP from the change in government spending assuming the increase
State a balanced equation for the process : Phosphorus-32 is used in the form of Na2HPO4 in the treatment of chronic myeloid leukemia, among other things. (a) The isotope decays by beta-particle emission. Write a balanced equation for this process.
Representations in popular media both then and now : How does the reality of America prior to the arrival of the Europeans contrast with representations in popular media both then and now? Provide an example.
What output does the firm produce : *Dayan's Doorstops, Inc. (DD) is a monopolist in the doorstop industry. Its cost is C = 100 - 5Q + Q2, and demand is P = 55 - 2Q. a. What price should DD set to maximize profit? What output does the firm Produce? How much profit and consumer surplus ..
What are implications in regard to price-output and profits : Suppose a monopoly manufacturer sells directly to a monopoly retailer. What are the implications in regard to price, output, and profits as compared to the case where the monopoly manufacture and monopoly retailer merge

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

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

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

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