Macroeconomics Answers

Doctors discover more health benefits to vitamin c (found in oranges)? The equilibrium price will (blank) and the equilibrium quantity will (blank) ?

in desired agreegate expenditure. in the consumption section. is wealth induced or autonomous. for instance say there is 300+0.5Y+0.05W. where does wealth go?

With the following information, calculate the price index for year 4. Year 2 has been chosen to be the base year. The basket of goods for this price index includes 53 units of good X and 65 units of good Y.
PRODUCT YEAR 1 YEAR 2 YEAR 3 YEAR 4
Good X 5.5 6.7 14.9 18.2
Good Y 1.1 7.0 3.5 16.4

P=100-0.5Q where Q=q1+q2, TC1=5q1,TC2=0.5q2 find betrand equilibrum

Consider the production function faced by an economy in a particular year, Y=square root of K. N. Assume that N equals to 1 what level of capital will be required to achieve output of 9million

What will happen to the interest rates if national income continues to rise?

the term fractional reserves refers to

a country will not trade unless

Like a good economist, you calculated the opportunity cost of getting your college degree. Suppose that at your university, you will pay $10000 each year for tuition, $2000 each year for textbooks, and $12000 per year for room and board. Before you left for college, your boss at your high-school job offered you a job paying $25000 per year.

Assume that if you decided not to go to college, your parents would not let you live at home.

What is your opportunity cost for four years of college? $

"If a firm produces 1000 shirts (finished products), expecting to keep an inventory of 100 shirts at the end of the year." Here Why a firm keep an inventory of 100 shirts ? What is the need of it? If the firm sold all 1000 shirts there is no need to keep inventory right? If we carry unsold of those 100 shirts to next year, who will going to buy it because of they are already old products compared to coming year there are new products produced?