Macroeconomics Answers

Earlier this year the SACP called for the expansion of the SARB’s mandate to include employment creation. Argue the case against this.

Last week the Monetary Policy Committee increased the Repo rate by 25 basis points.

1.1 Use the IS-LM-BP model and explain the impact of this decision on equilibrium interest rates

and output. Explain the short-, medium- and long-run impacts

diferenciate with respect to x and y U=25X^2/5Y^3/5  

From

the following

data

you

need to by all Methods

compute/GDPMP

NDP MP

value Added Method

1

Income

Method

(8) Expenditure

2

purchases

20000

Closing stock 2.501

opening stock

Indirect Tax

S

compensation of Employees

60000

(6)

Rent 25000

Interst 1000

profit

sow

(10)

Divident

undistributed profit 100.

Given:

C= 400+cYd

T=50+.10Y

I=10

G=23

Ye=736.36

The marginal prosperity to consume is

consider the following bivariate utility function

U=25X^2/5Y^3/5

1.find marginal utility of x and y

Y=C+I+G ,C=120+0.8Y , I=100+0.1Y ,G=300

Using cramer's rule find Y,C and I

your given the following national income model Y=C+I+G ,C=12+0.8Y ,I=100+0.1Y ,G=300

present the model to matrix formula.

Given Ca=20 c=MPC=3/4 Ip=I=20 a; determine equilibrium level of income when there is no government sector b;define equilibrium level of income When government spending is equal to 25 &no taxation c; define equilibrium level of income When government expenditure and tax is equal to 25