Macroeconomics Answers

Assume the following data for this economy. Full employment GDP occurs at $400.
Assume that the MPC = 0.75. All figures are in billions of dollars.

What are the main disadvantages of an increase in income tax, assuming the economy has an output gap?

With the use of a diagram,explain the effect of an expansionary fiscal policy on the equilibrium position of the economy and the adjustment process towards simultaneous equilibrium,assuming the economy is pursuing a flexible exchange rate system.

What workers in the us benefit the most from freer trade with iran

Is there any relevant news regarding aggregate demand/supply, fiscal policies, or monetary policies? I need a topic for my group presentation and couldn't find anything regarding these topics online.

plot the relationship between national debt and lending rates

Explain the term price elasticity of demand? what factors influence market demand for products? If the price elasticity is ¬¬-3 and RM 100 is the Marginal Cost of product X, what should be the optimal sale price?

No labor actuals were captured for the first six units manufactured. It took 160 hours to manufacture thenext batch of 8 units (units 7-14).
During the next 6 months, an additional 60 units were built for which no labor data was collected. Thenext batch of 12 units (units 75-86) required 122hours to produce.
During the next 6 months, an additional 100 units
were produced for which no labor data was collected. It took 117 hours to produce the next batch of 15units (units 187-201).
Calculate the learning curve demonstrated by this organization.

Learning demand curve question

Assume an economy in recession but close to full potential. The economy can be
stimulated by using either fiscal policy or monetary policy. Which policy would
be more effective? Be sure to provide relevant economic explanations.