Macroeconomics Answers

If job growth is down, retail sales slumping, and manufacturing declined - show aggregate demand and aggregate supply graph to explain change

Assume that the real wage in an economy is held above equilibrium.
a. Graphically illustrate how an increase in the supply of labor will change the number
of unemployed workers. Be sure to label the axes and the quantities of labor hired
before and after the technological progress.
b. Explain in words what happens to the number of unemployed as a result of this
change.

if the national income equation is Y=C+I+G+E-M where C=8+0.6Yd I=25 G=10 E=70 M=15+0.2Y T=7+0.3Y R=25-0.3Y (a) determine the economy's national income/output (b) determine the economy's multiplier applicable to government spending and interpret its meaning (c) use the multiplier applicable to exports and explain how a $100 billion decline in the demand for exports could affect the following variables: (i) GDP (ii) Balance of trade (iii) government budget

C=2 500 +0.5Yd I=1 500 G=2 000 T=0.2Y X= 6 000 Z=5 000 + 0.2Y 1) whats is the value of Total autonomous expenditure. 2) whats is the value of multiplier in the economy. 3) what is the value of induced consumption expenditure at te equilibrium level of income. 4)wat is the value of the budget deficit or surplus at the equilibrium level of income. 5) what is the value of Net Exports or trade balance at the equilibrium level of income

whats another name for the demand for labour

the demand for labour is the same thing as

what happens when a country faces natural disaster??