Macroeconomics Answers

The economy is characterized by the following equations.
1. Goods Market Equilibrium:
Goods market equilibrium:
Consumption: Investment:
Y = Z
Z=C+I
C = 500 + 0,8Yd, I = 500 + 0,1Y
with Yd = Y

a) Solve for the equilibrium output, consumption and investment. Show your results in an appropriate graph.
b) Assume output is equal to 9000. Compute the overall savings in the economy. Are they equal to investment? Explain!

I know the answers just not the way to solve it. Thank you very much in advance

Please explain in three well-structured paragraphs the impact of a change in the savings rate on the output.

Why receipt from sale of building, land or any other fixed asset is not included in national income ?
They generate income so they should be included ?

calculate;the unemployment rate,labour force participation rate,absorption rate,given the following statistics south africa reported the following data for 2012.labour force.17948000.employment,13422000,working age population 32786000

Draw a demand and supply curve for British pounds(on the vertical axis plot rand per British pound).

The nominal price of a college education rose to $15,212 in 2009. The CPI was 107.6 in 1985, 130.7 in 1990, and 144.0 in 2009.
A)What was the real price of a college education in 2009 in terms of 1985 dollars?
B) What was the real price of a college education in 2009 In terms of 1990 dollars?

MUST SHOW ALL OF YOUR WORK

Calculate the equilibrium level of income if C = R100 million + 0,8Y and Ī = R125 million.[5]

5. Draw a demand and supply curve for British pounds (on the vertical axis plot rand per British pound). [10 marks]. What factors are likely to cause an increase in the demand for British pounds (in exchange for South African rands)? [5]. How can this be illustrated in the diagram you have drawn? [3] Does this represent an appreciation or depreciation of the South African rand relative to the British pound? [2] {20}

Explain how changes in exchange rates can influence exports and imports.

NDP at factor cost to GNP at market price