Macroeconomics Answers

Given the money supply is $1 trillion, the price level is 200,
and real GDP is $5 trillion, calculate velocity.
(The price index should be divided by 100
when used for this calculation.)

Given the following information:
Consumers are very optimistic about the future.
The price of oil has just doubled.
The money supply is growing at a 6% rate.
The government has just cut spending by 8%. Firms are doubling their investment.
The trade deficit has doubled in the last 6 months.
Calculate the long-run rate of inflation.

do gdp measurements correct for the social costs of environmental pollution

which of the two methods of computing the national economics accounts, the final value method and the value added method is easier to use and why

S=-5000+o.2Y(before adjustment in tax) I=10000 G=20000 T=5000
1) taking tax into consideration find the new savings function
2) based on the new savings function, determine the average propensity to save when Y=50000
3) interpret the average propensity to save value that you calculate in (2)
4)determine the equilibrium national income using leakage-injection method.

Q TC (RM) MC (RM) P (RM) MR (RM) AR (RM) TR (RM) Total Profit (RM)
0 10 10 - 0 0 -
1 16 6 9 9 9 9 -7
2 20 4 8 7 8 16 -1
3 25 5 7 5 7 21 -0.43
4 32 7 6 3 6 24 -0.5
5 42 10 5 1 5 25 -0.68
6 56 14 4 -1 4 24 -0.88
7 75 19 3 -3 3 21 -1.10
8 100 25 2 -5 2 16 -1.31
9 132 32 1 -1 1 9 -1.52

Determine the price and output at equilibrium for this imperfectly competitive firm. Is this a short-run or long-run equilibrium? Why?

explain what GDP is? why GDP MUST EQUAL THE SUM OF CONSUMPTION, INVESTMENT and how expenditure on the nations output result in income to resource owners?

A competitive firm is maximizing profits by producing 250 units of output at the current market price of RM1000 per unit. The firm has average fixed cost (AFC) of RM300 and total costs of RM300000 at this output level.

How to calculate TFC, ATC, AVC, MC, TR, and MR.