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Given utility function u=x⁰.⁵, y⁰.⁵ where px=12 birr py=4birr and the income pf the consumer is M=240 birr
A. Find the utility maximizing combination of x and y
B. Calculate marginal rate of substitution of x for y (MRSX,Y) at equilibrium and interpret for your result
Find the minimum value of AVC and MC

Suppose demand and supply are given by 𝑄 = 14 − ଵ ଶ 𝑃 and 𝑄 = ଵ ସ 𝑃 − 1 a) Which function is the demand function and why? b) Compute the equilibrium price and quantity in this market? c) Compute the consumer surplus and producer surplus. d) Compute the elasticity of demand and elasticity of supply at the equilibrium. Assuming an excise tax is imposed, would you expect consumers or producers to bear a greater percentage of the tax? Explain. e) Suppose a GHC 12 exercise tax is imposed on the good. Determine the new equilibrium price and quantity. f) Compute the tax revenue, the shares of the tax paid by the consumer and the producer. g) Compute the consumer surplus, producer surplus and the deadweight loss resulting from the tax.


prepare a presentation to the president of Ghana on key macroeconomics challenges for Ghana in the short and medium term. As Ghana Revenue Authority.


Explain the difference between expenditure on gross domestic product and gross domestic expenditure

what is the opportunity cost of going to university


GMC latest annual dividend of $1.25 a share was paid yesterday and maintained its
historic 7% annual rate of growth
You plan to purchase the stock today because you believe that the dividend growth rate will increase to 8% for the next three years and
the selling price of the stock will be $40 per share at the end of that time
I.) How much should you be willing to pay for the GMC stock if you require a 12% return?

II.) What is the maximum price you would be willing to pay for the GMC stock if you believe that the 8% growth rate can be maintained indefinitely and you require a 12% return.

III). If the 8% rate of growth is achieved. What will the price be at the end of year 3. Assume conditions (II)
QUESTION FOUR (20 Marks)
Two year ago, you acquired a 10 year $1000 par value bond at 12% YTM. Recently you sold this bond at 8% YTM. Using semi-annual compounding, compute the
annualised horizon return for this
investment. (10 Marks)
In early 1999 an investor bought 1000 shares of skandia for K127 per share. During the year dividends were received at K1.15 per share. What is the investor's total return in K? Capital gains, dividend yield, and total return in percentage terms?

Argue how free trade rather than protection can favoure countries


Argue how free trade rather than protectionism can favour countries
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