411 Answered Questions for the topic macroeconomics
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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Macroeconomics
01/14/20
Assume that a firm plans to pay $ 10 bln of dividends each year indefinitely long in the future. Let r 0.05 be the annual return to treasury bonds.
Assume that a firm plans to pay $ 10 bln of dividends each year indefinitely long in the future. Let r 0.05 be the annual return to treasury bonds. Finally, let the replacement value of firm's...
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Macroeconomics
12/16/19
Need help with some questions please!
assume macro equilibrium occurs along the short-run regions of the aggregate supply curve. When aggregate demand increases, unemployment:a. Decreases and the price level decreasesb. Decreases and...
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Macroeconomics Economics
12/15/19
How do I solve this question based on the Keynesian Cross Model?
In the Keynesian-cross model, if the MPC equals 0.75, then a $3 billion decrease in taxes increases planned expenditures by ______ and increases the equilibrium level of income by _____it would be...
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Macroeconomics
12/14/19
Precautionary saving
Precautionary saving Assume a representative consumer who lives for 2 periods, t = 0, 1, and whose lifetime utility is given by U = ln c0 + E ln c1, where E is the expectation operator. The...
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Macroeconomics Economics
12/12/19
Without notice, investment spending dramatically rises in the United States. Explain the impact of this sudden increase in investment spending on each of the following for the United States.
Aggregate Demand
Output
Real capital
The Production Possibilities Curve
Long-run Aggregate Supply
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