Macroeconomics Answers

Questions: 9 856

Answers by our Experts: 9 669

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Search & Filtering

Which one of the following is correct about government spending in Keynesian model? Government spending affects the size of the multiplier. Government spending decreases aggregate spending in the economy. A decrease in repo rate discourage social spending by government. Government spending influences the income level in the economy


Before June 2021, the labor market in Sindh was at equilibrium with an equilibrium wage (WE) of Rs. 17,000 and equilibrium quantity of labor (LE) 20 million. In the last week of June, 2021, government of Sindh imposed a minimum wage Act raising the minimum wage to Rs. 25,000. Using a graph, explain how the minimum wage law imposed by the Sindh government affects the unemployment rate in Karachi. (2 Marks, Maximum 100 words
Analyze how much Pakistan’s GDP and each of its components is affected by the following transactions? Explain your answers (2 Marks, Maximum 200 words).

Bank Al Habib issues new shares to finance the construction of an office in Sukkur, Sindh.
Sadia spends 50000 on a computer to use in her editing business in Karachi. She got last year’s model on sale for a great price from a local manufacturer.
You mother spend weekend cleaning your apartment.
Your brother pays a shopkeeper to buy a laptop in Karachi

Analyze how much Pakistan’s GDP and each of its components is affected by the following transactions? Explain your answers (2 Marks, Maximum 200 words).


                   i.     Bank Al Habib issues new shares to finance the construction of an office in Sukkur, Sindh.

                 ii.     Sadia spends 50000 on a computer to use in her editing business in Karachi. She got last year’s model on sale for a great price from a local manufacturer. 

               iii.     You mother spend weekend cleaning your apartment.

Your brother pays a shopkeeper to buy a laptop in Karachi



Illustrate and examine how the individual supply of labor curve demonstrates the way an individual divides his/her time between work and leisure. 


May I please have detailed answers my question has 15 marks.


Can denel be regarded as a monopoly in SA?

Proposal writing on the topic. Factors influencing the attitudes of SHS students towards the learning of economics.


Instructions : Answer true or false and explain the answer

(1) Suppose s = 0.15, Y = 4200, K = 6100, n = 0.03, g=0.03 and δ= 0.10. This makes national saving smaller than steady-state investment, so that the amount of capital per effective worker will be falling.

(2) In the Solow growth model, given the values of A=120, s=0.11, n=0.03, g=0.07, and δ=0.08, the economy has an equilibrium growth rate of real GDP per effective labour, (Y/AL), equal to 8 percent.

(3) In the graph of the Solow growth model, at any point to the left of the steady-state intersection we have national saving per effective labour greater than steady-state investment per person, causing (K/AL) to increase.

(4) In the Solow growth model, an increase in the marginal propensity to consume shifts the steady-state investment line downward with the implied change in the capital stock resulting in a higher standard of living in the long run.
Instructions : Answer true or false and explain your answer

(1) If an economy can raise its annual real GDP growth rate from 3.8 percent to 4.5 percent, its real GDP doubling time is reduced by 15 years.

(2) Suppose that the government passes a law requiring households to increase savings 10% above previous levels. According to Solow's growth theory, in the long run output per capita will grow less rapidly.

(3) If an economy has a real GDP doubling-time of 48 years, this will be increased to 56 years if annual GDP growth is reduced by 3.2 percentage points.

(4) If K = 3000, n = 0.02, and depreciation, δ= 0.04 and g =0.03, then investment of 320 will hold (K/AL) constant.
Which of the following would NOT result from a profit-maximizing monopolist firm becoming able to perfectly price discriminate?

The firm’s profits increase
Consumer surplus decreases
Deadweight loss increases
Quantity supplied increases
Quantity supplied stays the same as that supplied in a perfectly competitive market
LATEST TUTORIALS
APPROVED BY CLIENTS