Solution all A to g question plz all question full explain me Let the Canadian economy be described below. You are an economist in the Department of Finance, Ottawa.C=60+0.9Y (Yg is disposable income)1=300(Investment spending)G=120(Government purchases)NT=0.1Y(Net taxes)X= 120(Exports are constant)IM= 0.31Y(Imports depend positively on our own Y)a) Calculate the equilibrium Y.Y=0b) Find the autonomous multiplier.Autonomous multiplier = 0e) Find the government budget balance BB, given your Y in (a).BB=0d) Oil prices have been rising recently. Higher crude oil prices translate to higher costs for gasoline, plastic and many products. Suppose the higher oil prices translate.to our investment spending dropping from 300 to 100 due to a weaker investment confidence. Find the new Y.Y Oe) Find the BB as a result of the drop in investment spending.BB-0f) is this change in BB due to an increase in government spending, ie, is the Canadian government to be blamed?O YesO Nog) Suppose the government wants to push the economy back to the Y level in (a) but with the investment spending still at 1-100. Find the new G necessary.G-D

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nour own Y) given your Y in (a). er crude oil prices translate to higher costs for gasoline, plastic and many products. Suppose the higher c 0 to 100 due to a weaker investment confidence. Find the new Y stment spending government spending, ie, is the Canadian government to be blamed? the economy back to the Y level in (a) but with the investment spending still at 1 100. Find the new G nece

nour own Y) given your Y in (a). er crude oil prices translate to higher costs for gasoline, plastic and many products. Suppose the higher c 0 to 100 due to a weaker investment confidence. Find the new Y stment spending government spending, ie, is the Canadian government to be blamed? the economy back to the Y level in (a) but with the investment spending still at 1 100. Find the new G nece

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Please no written by hand Assume Elias was going to spend all of his time on wristbands but then decides to spend 4 hours on each task. What is Elias opportunity cost of making necklaces?
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