Macroeconomics Answers

Consider a small open economy in equilibrium with a zero current account balance. What happens to national saving, investment, and the current account balance in equilibrium if
(a) future income rises?
(b) business taxes rise?
(c) government expenditures decline temporarily?
(d) the future marginal product of capital rises?

For example I want to calculate national government I have total income(Y) and consumption(C) and have investment(I) also I have import(IM ) but I don't have (G) and (EX)... EXANPLE : If y=1137179925 and c=68439 and I=22783 import=39252 find G? And export

Lonewolf Ltd is the sole manufacturer and supplier of solar panels in the country. As a result of this the CEO claimed in a recent meeting that he can set any price he wishes and sell as many units of his product as he wants at that price. Is this correct? Motivate your answer

How can governments play a role in promoting knowledge based industries in which fixed costs are high and marginal costs are close to zero?

acme can get $5 for each widget it produces. how many workers it will hire if the nominal wage is $38?

The number of rounds of golf each year has been diminishing for at least a decade. Explain this phenomenon predicated on what has happened to the distribution of income in the United States and the way people value and allocate their time in the 2010’s. You should employ discussions of supply and demand, utility, elasticities of demand, and monetary value of time. The more thorough your answer the more points you will accumulate.

What is the difference between GDP and GVA?

why prices increase when there is a shortage in AD/AS model?

Discuss any four factors that lead to the appreciation of the currency of your country in terms of the US Dollar.