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Illustrate what will be the effect on equilibrium GDP. Iinformation describes a hypothetical economy.
Describes a hypothetical economy assume all numbers are in billion if necessary. Elucidate the value of the MPC of this economy
Using ISLM analysis, elucidate what effect, if any, fiscal policy would have on the economy given the current economic conditions.
illustrate what is the expected interest rate on one-year rate note one year from now.
Suppose that you believe that the average rate of inflation over the next 20 years will be 3.5 percent. What would you by the nominal or the inflation-indexed bond.
Compute of Multiplier when the economy is in Equilibrium. Illustrate what is the expenditure multiplier-explain this briefly.
Illustrate what is level of planned AE at this level of income. Illustrate what is the value of any unplanned changes in inventories.
Compute the equilibrium level of output for this hypothetical economy. Illustrate what would be the level of consumption if economy is operating at income 1400.
Assume the slope of the consumption function is 0.75 and there was an increase in income of $100. Compute the increase in consumption.
Illustrate what systems are affected structural, psychosocial, technical, managerial, goals. What are other alternatives and recommendations
what is the largest loan this bank can make. Illustrate hat is the required reserve ratio.
Show that, no matter what Terry's wage rate, he will choose the same number of hours of leisure per day. What is this amount.
Illustrate what contribution to our understanding of economics were they recognized. Would you say a free society would be enhanced by adopting their findings.
explain how does an anticipated increase in the rate of monetary growth alter the economy? Demonstrate the effect.
Explanation of augmented Phillip's curve model. Using the dynamic augmented Phillip's Curve model (Y/PC/MR), demonstrate the effects.
Explain how did the Phillip's Curve undermine the classical model of the macroeconomy.
Elucidate the derivation of the Keynesian upward sloping AS curve. How does this differ from the classical AS curve.
Elucidate what is meant by a "liquidity trap" in the Keynesian model.
Assume the Keynesian investment function is vertical (perfectly inelastic). Elucidate the shape of the IS curve.
Illustrate the effect of each of the following changes.
elucidate what is the expected effect on equilibrium output of a $100 million expansion in government expenditures.
Compute total factor productivity growth (our measure of technological progress) for each country using the growth accounting framework discussed in class.
As we know the factors that impact productivity growth: Physical capital, Natural resources, Human Capital and Technical Knowledge, should it be Government policy to subsidize the production or acq
If I told you that GDP was forecast to rise by a bit more than 3% over the next year, what would that mean to you. Illustrate what should you be asking about the forecast.
Depends on your readings regarding the Fed's recent policy moves, what is the role for so-called "quantitative easing". Illustrate what are the presumed benefits and what are the tradeoffs.