Given that MPS = 0.5, what is the increase in real GDP from a $100 bllion rise in invetment? $100 billion $150 billion $50 billion $200 billion
Q: Contractionary fiscal policies do not necessarily decrease a country's debt-to-GDP ratio because O a...
A: When talking about debt-to-GDP ratio, it is the economic measurement of total borrowings of the gove...
Q: efer to the above table . The model will produce ( operate ) in which of the following outcomes : O ...
A: Answer is given below
Q: List five typical attributes that an entrepreneur should have.
A: The list of five typical attributes that an entrepreneur should have been as follows: Desire to Achi...
Q: QUESTION 19 The competitive market price of long-haul trucking is $3 per ton-mile. Red Raider Trucki...
A: Answer: Given, Total cost function: TC=29.6875+1.75Q+0.025Q2 Marginal cost function: MC=1.75+0.05Q P...
Q: If P=20000 then (F/P8%,7)=?
A: Given that: Present Value (P) = 20000Rate of Interest (r) = 8% or 0.08Time (n) = 7 To find: Future V...
Q: Question 38 According to expected utility theory, which of the following scenarios is the most desir...
A: Expected Value refers to the value of average of all outcomes in an experiment with the given probab...
Q: Consider the following open economy: C = 40 + 0.85x YD I = 1500 G = 1600 X = 240 M = 0.12x Y TR = 10...
A: C = 40 + 0.85*YD Differentiate C w.r.t YD to get MPCD MPCD = dc / dYD => MPCD = 0.85 ------------...
Q: Q1: A contract was transferred for a period of 7 months at a total cost of $200,000 as in the table ...
A: Introduction The cost of the contract is 2,00,000. Total duration of the contract is 7 months. Let s...
Q: The preferences of agents A and B are representable by expected utility functions such that uA(x...
A: Pareto efficient allocation is the one from which no player/agent can be made better off without mak...
Q: Output Variable Total AVC AFC ATC MC (bоxes) Cost Cost $0 $10 1 $20 $15 3 $69 $3.33 $23 4 $2.50 $27 ...
A: According to the table given in the question, total cost at 0 units of output is $10 which means fix...
Q: Suppose the inflation rate Tt rises and the central bank raises the nominal interest rate. This resu...
A: When talking about AE curve and AD curve, they are the tools used by Keynesian economists to explain...
Q: Consider the Cobb-Douglas production function y-AKO.3N0,7, where y is output, A is total factor prod...
A: Given that: Y = AK0.3N0.7 where Y is the OutputA is the Total Factor ProductivityK is the CapitalN i...
Q: Pollution is an example of a externality. A) negative consumption B) Coasian C) positive consumption...
A: Externality is the cost or benefit incurred due to the consumption or production by one party whose ...
Q: How does your trade area compare to the Toronto average for those with a post secondary education le...
A: In the ranking variable in Canada it is the trading area that has grown in the demand of the adults...
Q: What contributions are community colleges making tohigher education?
A: The institution providing higher education which provides a curriculum of two years that could lead ...
Q: Suppose a workers' union managed to sign a new wage contract with the employer for a 5% nominal wage...
A: Here, it is given that the workers' union signed a contract with employer to have a 5% increase in n...
Q: Suppose that at a rural gas station in Toby Acres, there are only two customers, Johnny (who drives ...
A: There are only two consumers, i.e., Johnny and Olivia who demand gasoline. ----------------------- ...
Q: For Washburn, what are examples of (a) shifting the demand curve to the right to get a h igher price...
A: Meaning of Demand and Supply: The term demand refers to the willingness of an individual to purcha...
Q: Country A produces GDP according to the following equation: GDP = 5VK. The country has a depreciatio...
A: Let savings rate be represented by s. In steady-state: s×steady state level of GDP=Depreciation rate...
Q: Consider the following open economy SI model set up Y = 18000 C = 300 + 0.8(Y − 2500) I = 3500 − 400...
A: (a) C = 300 + 0.8(Y-2500) Put Y = 18000 => C = 300 + 0.8(18000 - 2500) => C = 300 + 12400 =>...
Q: Given the (inverse) demand function P = 337 - 19Q, at which value of Q is revenue maximized? Q = 9 Q...
A: Revenue is the product of price and quantity.Revenue = PQ
Q: Consider the following measures and draw a suitable supply-demand diagram for each. In addition to t...
A: Demand and supply In perfect market competition the optimum quantity is produced where the demand cu...
Q: The table shows the quantities of the goods Suzie bought and the prices she paid during two consecut...
A: Given: Goods: coffee, books, gasoline, concert Note: Due to multiple subparts being posted, the firs...
Q: Consider the two-period endownment economy model in which the net interest rate is 4 percent. The co...
A:
Q: A significantly larger proportion of higher social class children attend college than lower-class ch...
A: Meaning of Social Mobility: The term social mobility or the term mobility refers to the movement f...
Q: 15.) Consider the market for microphones. What will happen to the equilibrium price and quantity in ...
A: Given : Due to pandemic , use of microphones is pushed for taking digital meetings rather than havin...
Q: The difference between private cost and social cost is that A) social cost only considers the extern...
A: Private Cost is the cost of producing a good or service. Social Cost is the sum of private and exte...
Q: Joe is a smoker. He has a utility function for cigarettes smoked indoors (q) and a composite good (q...
A: Answer -
Q: Economists
A: TC(total cost) is the sum of TVC(total variable cost) and TFC(total fixed cost). AC(average cost) is...
Q: How does SAT performance influence occupational andeconomic achievement?
A: SAT scores have a positive relationship with economic achievement. A higher SAT scores means a high...
Q: The opportunity costs could be computed as: Aircraft Corn =1/500=0.002 air Beta =500/1=500 corn craf...
A: 1. Beta is specialized in Corn production because its opportunity cost is lower than Gamma in the c...
Q: The figure illustrates the effect of a decrease in the price of good B on the utility-maximizing com...
A: Indifference curve An indifference curve refers to a combination of two goods that provide the same ...
Q: The current national unemployment rate in the United States as of January 2022 falls within the boun...
A: The unemployment rate in January 2022 in USA was 4%. The Fed's estimate of natural rate of unemploym...
Q: Answer the folowing questions in relation rade a. Determine the opportunity costs for cach nation b....
A: Given The production possibility curve of both nations is a straight line which means that the oppo...
Q: Why could inflation be persistent in times of output gaps? Because of inflation expectations O a. O ...
A: In an economy, output gap refers to the situation when aggregate demand and aggregate supply are not...
Q: If demand for the peach industry is given by P=100-.04Q and supply is given by P=.01Q.Assume the mar...
A:
Q: When studying pollution and the environment, economists O A) emphasize costs and benefits. B) attemp...
A: Pollution is treated as a negative externality in economics. Negative externality means that it is a...
Q: 7 A local tavern in a perfectly competitive market was in a long-run equilibrium. Then, a scientific...
A: Answer -
Q: RUE OR FALSE 1. The volume of our money is being regulated by the government and subject to the app...
A: 1. False: The given statement is false because the money supply in the economy is regulated by the c...
Q: Explain how the push and pull factors can affect the purchasing process.
A: Push factors are important because they help predict demand, allowing you to know future product and...
Q: ing Q is given by the following: 2P = 20 - Q any people would cross the bridge if there were no toll...
A: Demand for bridge crossing Q is, 2P = 20-Q
Q: What policies did Deng Xiaoping take to bring China out of poverty to high growth? please give a de...
A: When consumer or producer product is manufactured, cost takes place and process of business follow ...
Q: Question 20, Warm-Up 1-1 (static) Part 1 of 3 Ann and Jack have been partners for several years. The...
A: The above question is based on the forms of business enterprise in which the above situation seems t...
Q: Your grandparents decide they would like to put aside money to help support each of their grandchild...
A: Grandparents want to give $18000 to their grandchild on the 18th birthday of the grandchild. That me...
Q: Moving from static efficiency state with an unlimited resource supply to a dynamic efficiency state ...
A: Static Efficiency State is defined as a state where the efficiency depends on the most efficient com...
Q: List the characteristics of products that haveinelastic demand, and give several examples ofsuch pro...
A: Inelastic demand takes place when quantity demanded of the commodity changes less than the change in...
Q: farmer grows a bushel of wheat and sells it to a Miller for $20.00. The Miller turns the wheat into ...
A: a. GDP refers to the money value of all final goods and services that are produced within the countr...
Q: In the context of the monetary approach to the determination of the exchange rate, what is the effec...
A: The monetary approach with respect to the exchange rate needs, in the flexible should focus on the d...
Q: 2. Give an overview of the studies examining gender discrimination.
A: Gender equality is important. Girls and boys have equality of opportunity, which helps all students ...
Q: What total payment made today would place the payee in the same financial position as the scheduled ...
A: Given, Interest rate = 4.25% Time = 9month Payment scheduled today = 870 Future value = 1160
Step by step
Solved in 2 steps
- If consumption expenditures are $1800 million, gross investment is $450 million, imports are $350 million, exports are $180 million, government expenditure on goods and services is $120 million, and government transfer payments are $180 million and net taxes are $250 million; a) Calculate the GDP. b) Is there budget deficit or surplus? Calculate. c) How much is the private (household) saving? d) How much is the disposable income? e) Calculate the national savings.MPS is 0.48 Calculate MPCQ3. Real GDP Consumption Planned Investment Government Purchases Net Exports $5,000 $4,500 $500 $325 -125 6,000 5,300 $500 $325 -125 7,000 6,100 $500 $325 -125 8,000 6,900 $500 $325 -125 Answer the questions based on the table below. The values are in millions of dollars. What is the equilibrium level of real GDP? What is the MPC? If potential GDP is $7,000 million, is the economy at full employment? If not, what is the condition of the economy? If the economy is not at full employment, by how much should government spending increase so that the economy can move to the full employment level of GDP?
- If MPC =.6 and government purchases increases by $5 billion, GDP will increase by $3 billion $30 billion $12.5 billion $1.25 billionThe Government of Bangladesh plans to administer 280 million doses of COVID-19 vaccine in the coming two years. Most of these vaccines will be imported from India, and other countries. Suppose, the cost of importing each dose of this vaccine is taka 10. What do you think the effect of this massive vaccine procurement have on Bangladesh's GDP? GDP will increase by taka 2,800 million (2.8 billion) GDP will increase by more than taka 2,800 million GDP will not change, or change minimally GDP will fall by taka 2,800 million O OCalculate MPC when a change in investment spending of 40 million leads to an increase in real GDP by 160 million.
- If consumption expenditures are $1800 million, gross investment is $450 million, imports are $350 million, exports are $180 million, government expenditure on goods and services is $120 million, and government transfer payments are $180 million and net taxes are $250 million; a) Calculate the GDP. b) Is there budget deficit or surplus? Calculate. c) How much is the private (household) saving? d) How much is the disposable income?Suppose the interest on the debt was $700 billion. If interest is paid domestically, 90% will be spent domestically (the remainder is spent on foreign goods). If interest is paid to the foreign sector, only 10% is spent here (the remainder is spent in foreign countries). Every dollar collected in axes to pay the interest cause domestic spending to fall 90 cents. The spending multiplier is 2. d) What is the net impact on GDP if all interest is paid domestically?Consider the following NIPA Data $4,350 $662 $2,659 CHANGES IN PRIVATE INVENTORIES | -$290 $1,146 $8,640 $798 $2,335 $1,942 $405 $1,525 PCE-GOODS EXPORTS-SERVICES INVEST-NON-RESIDENTIAL EXPORTS-GGODS PCE-SERVICES INVEST-RESIDENTIAL GOV-STATE/LOCAL IMPORTS-GOODS IMPORTS-SERVICES GOV-FEDERAL A. WRITE THE GDP EQUATION (EXPENDITURES APPROACH). THEN USE THE DATA ABOVE TO ANSWER QUESTIONS B-F B. PCE=C3D C. GPDI=l-= D. GOV=G= E. NET EXPORTS=NX=, F. GDP= G. GNP= H. Compute the shares of each of the four components of GDP
- How to calculate mpc?The gross domestic product (GDP) of Country A is $2 trillion in year 1. What value of investment will increase its GDP to $4.5trillion in year 2? (present your result in the nearest billion dollars, i.e., no decimal places) Assume that the average disposable income and consumption (in real $) of this country's citizen are provided in the table below. Year Income Consumption 1 60,000 50,000 64,726 51,259The table below provides income and consumption data in billions of dollars: Disposable Income Consumption Savings 100 80 --- 200 150 --- If the government increases spending by $5,000, then based on the data, GDP in this economy will increase by: A) $7,142.85 B) $22,000 C) $16,650 D) Cannot be answered
