in reference to the Harrod- Domar growth model explain the key drivers of economic development
given Y=C+I+G+X
C=100+0.9Yd I=200-500r M=0.8Y-2000r X=100-0.2Y-500r G=200 T=0.2 L=800
Compute the values of C,L,X and M
Calculate the monetary and fiscal policy multipliers and interpret them
use a four quadrant diagram to discuss the effects of the following on output and interest rate (a) decrease in government expenditure (b) an increase in tax rate
Why might we prefer to use cyclically adjusted surplus and structural surplus terms for full-employment budget surplus
if a 10% increase in income causes a 20% increase in the quantity demanded for a good or services .it can be concluded that
1.Items that are treated in the factor market
2.the is different between gross capital formation and fixed capital formation
3.what does economic marginalization mean
What does production mean
Suppose the government wants to double the steady state value of output per effective worker by using policies to change the saving rate. Determine the new saving rate and use the Solow growth diagram to show the effect of the policy change on the growth rate of capital per effective labour in both the short- and long run.
May i have more detailed answer, my question is (15 marks)
the money mulplier of a an economy with 600 billion and 60 reserves and 120 in the circulation?