Economics Answers

C = 350 mil + 0.85Yd

I = 175 mil

G = 300 mil

X = 170 mil

Z = 120 mil

T = 0,15Y

Yf = R3100 million

Equilibrium Income: Y = C + I + G + (X - Z)

Disposable Income: Yd = (1 - t)Y

• How much does the government collect in taxes when the economy is in equilibrium?

If there is an increase in the price of dvds , a substitute in production for cds then

C = 350 mil + 0.85Yd

I = 175 mil

G = 300 mil

X = 170 mil

Z = 120 mil

T = 0,15Y

Yf = R3100 million

Equilibrium Income: Y = C + I + G + (X - Z)

Disposable Income: Yd = (1 - t)Y

• What is the value of the marginal propensity to consume in this model?

• Calculate the Multiplier

Given consumption function investment government purchases and taxes with the following function: c=90+0.75(Y-T) I=120 G=180 T= 80

find

a)the aggregate demand function?

b)The equilibrium level of income?

c)the equilibrium level of consumption?

d)the equilibrium level of aggregate demand? e)draw the graph of consumption and aggregate demand to show the equilibrium level of income and consumption?

Sara likes consume Bananas (X) and Mangoes (Y). The cost of banana is birr 2 and that of Mango is bírr 4. Sara's monthly budget for these fruit is birr 100 and her utility function is U(X,Y) = X ^ 2 * Y ^ 1/2,Then calculate Utility maximizing units of Bananas and Mangoes.

Given the demand function Qx = 8000-1000Px, determine the elasticity of demand at a single point where price of Rs. 6 and the corresponding quantity of 2000 units

Suppose that the euro/us dollar exchange rate changes from 1,3 euro per dollar to 1,1 euros per dollar. Then

What are the basic reasons for international trade with regards to factors of production?

What is the relationship of the US dollar to bond yields? Do they move in opposite direction since treasury bonds and US dollar are directly related?

 Explain the various factors that buoyed Canadian consumer confidence in 2012