Keynesian cross model , economics, Microeconomics

Assignment Help:
For the following assume that b=.95
1, If the economy is short of the full employment level by 1.5 trillion, what could be done in the simple Keynesian cross model to fill the gap? Particularly in terms of fiscal policy instruments? What type of gap is this which needs to be filled.

Related Discussions:- Keynesian cross model , economics

Elasticity, Five uses of elasticity on the Public Sector and five uses of e...

Five uses of elasticity on the Public Sector and five uses of elasticity on the Private Sector.

Real estate development and process, Answer the following question Focus on...

Answer the following question Focus on Real Estate Development Normal 0 false false false EN-IN X-NONE X-NONE

Micro Economic Theory, a monopolist faces a demand curve Qd- 120-2p and has...

a monopolist faces a demand curve Qd- 120-2p and has costs given by C(Q)=20Q+100 (marginal cost is constant at $20) a. What is the optimal Price and Quantity for this monopolist?

Technological change, Is it possible for a firm to experience a technologic...

Is it possible for a firm to experience a technological change that would increase the marginal product of labor while leaving the average product of labor unchanged?

Production theory, why does gap between the ATC curve and the AVC curve dec...

why does gap between the ATC curve and the AVC curve decreases as the level of output increases

What is hicksian demand function, What is Hicksian demand function? Hic...

What is Hicksian demand function? Hicksian Demand Function: The solution of expenditure function that is the function of (p, u) is denoted by h(p, u) and termed as the Hicks

Insurance - reducing risk, Insurance - Risk averse are willing to pay t...

Insurance - Risk averse are willing to pay to keep away from risk. - If cost of insurance equals expected loss, risk averse people will buy sufficient insurance to totally r

Calculating maximum sales loss and net profit , The Healthy Spring Water co...

The Healthy Spring Water company sells bottled water for offices / homes. The price of the water is $20 per 10 gallon bottle and the company currently sells 2,000 bottles per day.

102, why does the quantity of salt tend to be unresponsive to changes in it...

why does the quantity of salt tend to be unresponsive to changes in its price

Write Your Message!

Captcha
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