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Macroeconomics
Assume that the multiplier has a value of 3. Now assume
that the government decides to increase aggregate
demand in an attempt to reduce unemployment. It raises
government expenditure by £100 million with no increase
in taxes. Firms, anticipating a rise in their sales, increase
investment by £200 million, of which £50 million consists
of purchases of foreign machinery. By how much will GDP
rise? (Assume that nothing else changes.)
that the government decides to increase aggregate
demand in an attempt to reduce unemployment. It raises
government expenditure by £100 million with no increase
in taxes. Firms, anticipating a rise in their sales, increase
investment by £200 million, of which £50 million consists
of purchases of foreign machinery. By how much will GDP
rise? (Assume that nothing else changes.)
Macroeconomics
In the labour market for Carpenters, the current market clearing wage is R800 per day. With the aid of a diagram, discuss the welfare effects of government intervention in the form of legislation that sets the minimum wage rate for a carpenter at R1000 per day.
Macroeconomics
market demand is P=64-Q/7. A multiplant monopolist operates three plants with marginal cost functions:
MC1(Q1) = 4Q1
MC2(Q2) = 2+2Q2
MC3(Q3) = 6+Q3
i) find the monopolist's profit maximizing price and output at each plant
ii)how would your answer to part (i) change if MC2 (Q2) = 4?
MC1(Q1) = 4Q1
MC2(Q2) = 2+2Q2
MC3(Q3) = 6+Q3
i) find the monopolist's profit maximizing price and output at each plant
ii)how would your answer to part (i) change if MC2 (Q2) = 4?
Macroeconomics
Why the national income is measured at factor prices and not at market prices?
Macroeconomics
low productivity contributes to a favorable balance of trade by making the domestic producer's goods relatively cheaper than than goods from other countries. true or false
Macroeconomics
The following refers to the hypothetical open economy where prices,wage rates and the rate of interest are constant
C=1200+0.47yd ,I=500 ,T=0.15y
Find the equilibruim level of national income ?
What is the investment multipler associated with the question ?
What is govenment multiplier associated with the question ?
By how much should government increase spending f they want the national income level to increase to 8000?
By how much should government decrease taxes if they want national income level to be 8000?
C=1200+0.47yd ,I=500 ,T=0.15y
Find the equilibruim level of national income ?
What is the investment multipler associated with the question ?
What is govenment multiplier associated with the question ?
By how much should government increase spending f they want the national income level to increase to 8000?
By how much should government decrease taxes if they want national income level to be 8000?
Macroeconomics
With regard to coal shortages and municipal debts , what forms of intervention can Eskom put in place in order to coverup for all the debts and continue operating ?
Please add graph to incorporate
Please add graph to incorporate
Macroeconomics
How will Eskom interventions of covering up for all the debts and coal shortages impact on consumers
Macroeconomics
Assuming fixed exchange rate,explain how a recessionary situation in United State can feed into a recessionary situation in Indian economy.?
Macroeconomics
Assuming fixed exchange rate,explain how a recessionary situation in United State can feed into a recessionary situation in Indian economy.
