Macroeconomics Answers

I know :
GDP 18000
T 4000
C 7600
I 4500
G 5000
NX 4500
==================
How can i find the equilibrium level of income ?
How can i find UI value ?

Thanks.

“Cost function expresses the relationship between the cost and its determinants.” Discuss this statement giving examples from any firm of your choice.

what is unemployment?should evryone who does not hold a job be consider"unemployed"? to help with your answer draw a supply and demand diagram depicting the labour market. what is measured along the demand curve?what factors determine the quantity of labour demanded during a given period? what is measured along the labour supply curve? what factors determine the quantity of labour supplied by households during a given period? what is opportunity cost of holding a job?

assess the policy conundrum of the British and the Spanish government aiming for price stability (inf 2%), positive growth and low unemployment

You are the manager of a gas station in a small town in the United States, and your goal is to maximize profits. Based on your experience, the elasticity of demand of Texans for a car wash is –2, and that of non-Texans is –1.5.Your marginal cost is $6.

What is the profit-maximizing price to charge a Texan for a car wash?
What is the profit-maximizing price to charge a Californian for a car wash?

You are the manager of a gas station in a small town in the United States, and your goal is to maximize profits. Based on your experience, the elasticity of demand of Texans for a car wash is –2, and that of non-Texans is –1.5.Your marginal cost is $6.

Are the conditions necessary for price discrimination to be an effective means of enhancing profits being met? Explain fully

Consider the economic data for Country A:

Unemployment level of 15%
Natural Rate of Unemployment is 6%.
Required Reserves is 25%
C = 50 + 0.75Y; I = 600; G = 250
(note: T = 200 for purpose of this assignment assume Y = Yd)
Equilibrium GDP = Y = C + I + G
The full employment level of Real GDP is 4,000.
MS = 425
MD = 400 – 500r + 0.75Y
Using the Business Cycle Diagram, show this economy. Label:
The current year as Year A
Full employment level of Real GDP
The current level of Real GDP
The recessionary or inflationary gap
Natural Rate of Unemployment
Use Aggregate Demand and Aggregate Supply to show this economy.
Suggest and show the results of a Fiscal Policy action that will bring this economy to full employment level of Real GDP. Explain the effect on the fiscal budget and show the effect on the Money Market and the Investment Market.
Suggest, and show, a Monetary Policy action that would restore the original equilibrium level of interest. Also show the result of this Monetary Policy action on the Investment

Pat and Kris are roommates. Pat takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Kris takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza. What is each roommate's opportunity cost of making a pizza? Who has the absolute advantage in making pizza? Who has comparative advantage in making pizza?