Macroeconomics Answers

suppose the population of mars is 6430 of all adult martians 4750 were employed 500 were unemployed and 300 were not in the labor force how many people are under the age of 15?

in driving the labor supply curve we implicitly assume that the marginal income tax rate was equal to zero assume instead that marginal income tax rate is 0.20 draw the figure within the modification and compare the resulting labor supply curve

what are the mojor policy conclusions of classical economics?explain how these policy conclusion follow from the key assumptions of the classical theoritical system?

After Brexit, why should the government maintain a tight spending policy and seek a higher tax take?

A.The equilibrium of income is R17000m.The full employment income is R22000m and the marginal to consume is 0.8.By how much should the investment expenditure change to bring national income to full-employment equilibrium?1.R1 000m 2.1 000m 3.4 000m 4.5 000m
B.which of the following statements is incorrect about the introduction of taxation in the Keynesian model? 1.it increase the value of the multiplier 2.it shifts the aggregate expenditure curve upwards. 3 it increase net exports. 4 it swivels the aggregate expenditure curve downwards. C.C=100+0,80Y what is the savings function in the simple Keynesian model? 1.S=-100 + 0,20Y .2S=100+0,20Y. 3.0,20.4 5

A.if GDP is less than GDE then......a.The country has a surplus on the content account b.Experts are less than imports.cThe country is consuming less than it is producing.4 The country is a net export B.Which of the following countries have the highest inequality?important:change all the values to the same measurement,that is either change the Gini coefficients to Gini indexes(or vice versa)and then compare the values. 1Brazil with a Gini coefficient of 0,52. 2India with a Gini index of 33,3. 3 South Africa with a Gini coefficient of 0,65 .4China with a Gini index of 37,0

A.Which change in the rand-dollar foreign exchange market will cause the ZAR( rand)to appreciate and the amount of USD traded daily to increase? 1.a shift of the supply of the USD curve to the left. 2.a shift of the supply of the USD curve to the right.3 a shift of the demand for the USD to the left.4 a shift of the demands for the USD to the right

explain the relationship between profit maximization condition and and the labor demand?

What do you think is the main reason for joining and termination of membership by countries in OPEC?

Why would a firm increase the quantity of its output even though marginal cost is increasing