416 Answered Questions for the topic macroeconomics
05/01/20
Find the first and second derivatives of M with respect to X
M = 9X4 - 12 X 9 + 25 X Y Z + 50
03/30/20
Express your opinion on how you would feel about government regulation and intervention on your own monopolistic firm.
After identifying a monopoly you are now an acting owner of a monopolistic firm. Express your opinion on how you would feel about government regulation and intervention on your own monopolistic...
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Macroeconomics
03/26/20
Suppose you deposit $250 at an interest rate of i=4.3%. Using the rule of 70, roughly how many years will it take for your money to double?
Macroeconomics
03/26/20
Suppose that you deposit $425 at an interest rate of i = 5%. Using the formula for future value, how much will you have in the bank after 60 periods?
03/24/20
The price elasticity of demand for medical devices is about -0.25 to -.30.
The price elasticity of demand for medical devices is about -0.25 to -.30. Suppose you were an economist for the medical device industry. How could you use this information to help forecast...
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03/24/20
For the demand equation, P = 2,000 – 2Q, answer the following:
For the demand equation, P = 2,000 – 2Q, answer the following:a. What is the vertical intercept? b. What is the horizontal intercept? Must show calculations. c. What is the slope?
Macroeconomics
03/24/20
Suppose that the CPI includes bread, milk, and eggs. When the price of toasters increases, the CPI will
Macroeconomics
03/24/20
Suppose that the government purchases $50 million worth of computers from China. Which of the following GDP accounts will be affected? Consumption Investment Government Purchases Net Exports
03/19/20
Economics question
How does Institutional Economics and Keynesian Economics critique Neoclassical Economics?
Macroeconomics
03/19/20
For the following, use the formula that multiplies by 100. For example, instead of 1.6 write 160.
For the following, use the formula that multiplies by 100. For example, instead of 1.6 write 160.If the general level of prices for goods and services included in GDP doubled between 1996 and...
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Macroeconomics
03/19/20
Use the table below to calculate the rate of inflation between 2008 and 2009.
Year
Consumer Price Index
2008
150
2009
165
Inflation Rate between 2008 and 2009=
Macroeconomics
03/19/20
In the following examples, determine in which direction, if any, measured GDP will incorrectly estimate the living standards of that country.
(a) (Overstate, Understate, Neither) In India, a greater portion of workers produce nonmarket output. (b) (Overstate, Understate, Neither) In China, the air pollution is much greater. (c)...
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Macroeconomics Economics
02/16/20
The price of a typical laptop computer has fallen from $2,000 in 1985 to $800 today. At the same time the consumer price index has risen from 100 to 250.
Adjusting for inflation,how much did the price of laptops change? Does this answer seem right to you, or is it missing something?
Macroeconomics Economics
02/16/20
Find the CPI with the following infomation.
19. Let's say you graduate from college and accept a job in 2018. You decide to compare your starting salary with your grandfather's and mother's starting salaries. The salaries you compare are: •...
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Macroeconomics
02/10/20
Suppose that we have (MPK), that each unit of capital is paid R, and that each unit of output is sold for price 𝑃. Show how to derive the equation for the real rental price of capital 𝑀𝑃𝐾 = 𝑅 /P
Macroeconomics
02/10/20
Take the Cobb-Douglas production function 𝐹(𝐾, 𝐿) = 𝐴𝐾^(𝛼)𝐿^( 1−𝛼) Demonstrate that the function has constant returns to scale after quadrupling the inputs of production
Macroeconomics Economics
02/10/20
How does quantitative easing work? What is the difference between QE and open market operations? What are the limitations of QE?
How does quantitative easing work? What is the difference between QE and open market operations? What are the limitations of QE?
Macroeconomics Economics
02/10/20
Suppose Indonesian banks have borrowed heavily in foreign markets and have lent to domestic construction companies. If the Indonesian rupiah devalues strongly,
Suppose Indonesian banks have borrowed heavily in foreign markets and have lent to domestic construction companies. If the Indonesian rupiah devalues strongly, the banks will not be able to pay...
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Macroeconomics Economics
02/10/20
When an economy’s real income rises but its money supply and price level remain unchanged,
When an economy’s real income rises but its money supply and price level remain unchanged,
a.
the interest rate remains unchanged.
b.
the interest declines because the demand for money...
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Macroeconomics Economics
02/10/20
Your company holds $2 million in cash and $5 million worth of ten-year government bonds at the interest rate of 1.5 percent. This portfolio has been carefully arranged based
Your company holds $2 million in cash and $5 million worth of ten-year government bonds at the interest rate of 1.5 percent. This portfolio has been carefully arranged based on the assumption that...
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01/29/20
Should U.S. policymakers be concerned about income inequality?
Yes or no explain. What do you think?
01/22/20
I don't understant this paragraph. ECON 201
I read this paragraph many times, but I still don't understand what is it talking about."Since governments perform all of these society-enhancing functions, in large measure governments reflect the...
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Macroeconomics
01/20/20
Finding the Slope of Linear Demand and Supply Curves
In the summer, when concert tickets sell for $75, there are always 150,000 people that are willing and able to buy them, and the producers are willing and able to release 300,000 tickets. When the...
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Macroeconomics
01/18/20
Consider a representative consumer with the following lifetime utility:
Consider a representative consumer with the following lifetime utility: U(C0,C1)=C-C20/2 +0.5E(C1-C21 /2)Consumer's income Y0 at time t = 0 equals 10 with probability 1, while income Y1 may be...
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01/18/20
Hicksian IS LM framework and Conditions of Policy effectiveness
Consider closed economy described by IS-LM model:Consider closed economy described by IS-LM model:PE = Ca + MPC(Y - T) + I(r) + GAE = YM/P= L(Y,r)Case 1: Investment trap. Assume investments are nor...
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