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What is the formula for CPI
What is NAIRU
If kaci finds $1,000 under her bed and deposits in a bank, what is the immediate change in the bank’s excess reserves?
Q1) Suppose the market demand for playing cards is given by the equation
Q = 600 – 100P
Where Q is the no. of decks of cards demand each year and P is the price in Rupee. For a price increase from Rs. 2 to Rs. 3 per deck, what is the price elasticity?
With following values, c = 0,7, t = 0,41 and m = 0,86 use the multiplier and calculate the potential impact of the President’s R791 billion infrastructure investment plan on the value of GDP in 2021.
Which of the following statements regarding real GDP is true?
1.Real GDP is not adjusted for inflation
2.Real GDP only includes all things that contribute to happiness.
3.Real GDP takes a country’s population into account.
4.Real GDP is an imperfect measure of quality of life.
5.Real GDP reflects how a country uses output to affect living standards
n the U.S., President Biden recently approved a $1.9 trillion stimulus package aimed at getting the economy going. U.S. workers who earned less than $ 75 000 a year in 2019 each received a $ 1 400 stimulus check over the past few weeks. Use the IS-LM-BP model to explain what this can mean for the levels of output/income and interest rates in South Africa. Draw the graph and explain the complete chain reaction.
Graph for equalibrium quantity calculation Qs=1800+02P and Quantity demanded Qd=2400-0.1P
In the U.S., President Biden recently approved a $1.9 trillion stimulus package aimed at getting the
economy going. U.S. workers who earned less than $ 75 000 a year in 2019 each received a $ 1 400
stimulus check over the past few weeks.
Use the IS-LM-BP model to explain what this can mean for the levels of output/income and interest
rates in South Africa. Draw the graph and explain the complete chain reaction.
Demand forecasting is not a speculative exercise into the unknown. It is essentially a reasonable judgement of future probabilities of the market events based on scientific background. Explain the statement by elaborating different qualitative and quantitative methods of demand forecasting.
