Macroeconomics Answers

explain why certain firms practice price discrimination

how can the government intervene on spatial divides hobble inclusive development challenge based on macroeconomic theory?

Suppose that in 1991 the total output in a single-good economy was 13,689 chickens. Also suppose that in 1991 each chicken was priced at $19. Finally, assume that in 1995 the price per chicken was $11 and that 19,561 were purchased.

For each of the following parts, assume that 1991 is the base year.

Note: Please round your answers to two decimal places.

a) Determine the GDP Deflator for 1995

As a manager of a retail store you are responsible for creating a basket of goods and services for a particular set of customers. How would you us the concept and theory of indifference curve in deciding the set of commodities to be offered to different segments of the customers

Answer the following questions using the aggregate expenditures model of the economy described below C = 80 + .6Ya, T = 40 + .2Y, la-28, Ga-64, Xa-76, and M-18Y Required (a) What is the saving function? What is the marginal propensity to save? (b) What is the aggregate expenditure function? What is autonomous expenditure? What is the marginal propensity to withdraw? (e) What is the cquilibrium level of real GDP? (d) What is the size of the multiplier? e) Suppose the full employment level of real GDP is $340. Does a recessionary gap or an inflationary gap exist? How can the government eliminate the gap by altering government expenditures?

A.what type of event must happen for the exchange rate to change from R8:$1 to R9:$1and the amount of USD traded daily to increase 1.china starts producing cheaper goods than the united states 2.the gold price increase 3.more south africa tourists visit the united states 4.after a crime wave,American tourists cancel their plans to visit South Africa B.in the simple Keynesian model with no government and external sector,if an increase in investment expenditure of 150 results in a final increase in income of 600,if follows that the marginal propensity to consume must be 1.0,2 2.0,75 3.0,25 4.0,8

A.Which one of the following is not a way that government can intervene in the economy. 1.participating in the market 2.changing the repo rate to change the interest rate 3.regulation by means of policies laws or rules that effect the economy. 4changing the tax and/or structure B.which one of the following could be expected should government plan to apply an expansionary fiscal policy 1.an increase in the tax rate 2.a decrease in the government spending 3.A decrease in the interest rate 4.An increase in the budget deficit

How to calculate marginal propensity to save?

What does productivity mean

suppose that the interest elasticity of investment demand is zero.what will be the resulting slope of the IS schedule. explain