Macroeconomics Answers

"Changes in disposable income lead to moments along a consumption function and changes in well and other factors shift the entire consumption faction" do you agree? Explain

Which of the strategy is currently being used by the Central Bank of Nigeria and how

If wages and prices are flexible people form their expectations rationally and anticipate policy incorrectly what happens

With the help of the Solow growth model diagram, explain the effects of shocks on steady state per worker capital and output.

Suppose wages and prices are flexible, people form their expectations rationally, and they anticipate policy incorrectly. What happens?

Suggest solutions to the three major weaknesses of the New Classical Theory.

With the help of the Solow growth model diagram, explain the

effects of shocks on steady state per worker capital and output.

In 2011 the Egyptian Government increased the top rate of income tax. What is likely to have been the main aim of this policy measure?

A   a reallocation of resources from producing necessities to producing luxury products

B   a redistribution of income from the rich to the poor

C   a reduction in the deficit on the current account of the balance of payments

D   a reduction in the level of cost-push inflation

What is NDP? Is it a better or worse measure of output than GDP? Explain.

Country A can produce either 2 tons of cocoa or 4 cars with 10 units of labor. Country B can produce either 5 tons of cocoa or 25 cars with 10 units of labor. Based on this information, which of the following is true?