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Circular flow lesson plan

If P= 100Q+2 then find Marginal Revenue


Examples of Macroeconomics questions and answers.

Given the information


Product.........Qty produced ......price...........Qty produced ........ Price .............................(kg) 1995............... 1995. ................(kg)......,..............2000


Maize...................50 .,........................N20................. 100 ................. N30

Rice........................80 ........................ N40 ................. 160 ................... N60



Calculate:


The GNP at market 2000 prices, GNP at current 1995 prices GNP at constant 1995 prices in year 2000

The GNP price deflator (Nominal GNP)/Real GNP


Which of the following are stock concepts?

A) M1 money supply on 31 January
B) income earned by Mr Mbata in January 2020
C) the value of shares issued by ABC Holdings on 31 January
D) the profit earned by ABC Holdings during January 2020
Price discrimination is?
From the following information, calculate GDP, private disposable income and private savings:
Consumption 4500
Compensation of employees 6300
Proprietor’s income 900
Corporate profits 700
Net interest 400
Indirect business tax 500
Consumption of fixed capital 1000
Transfers received from government 350
Direct taxes 300

critically discuss the effects of social grants on incomes and welfare


Explain what market failure is and the various sources they emanate from
The following is the information from national income account from the hypothetical.
GNP= 2400
GI=400
NI=150
Consumption=1500
G.P.G.S=480
NY=1925
WS=1460
PI+RI of P=160
Dividend=50
GBS=15
SIC=190
N.I.I=60
G.B.T.P=260
PT and N.T.P=300
Find the following
1.NNP
2.net export
3.indirect taxes
4.coperate profit
5. Taxes-transfers
6. Personal income
7. Disposable personal income
8. Personal saving
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