Economics Answers

C=200+0.5(Y-T)
T=100+0.2Y
Nx=150-0.2Y
I=300
G=400

a) What is the value of government budget deficit/surplus?

b) Assume that the government introduces an insurance of 2% to the households show this will affect consumption and determine the new equilibrium level of income.

Which of the following is not an exogenous cause of business cycles # randomize
A. Wars
B. Elections
C. Discovery of new resour
D. Change in business confidence
E. Geopolitics

Where do you enter employee paychecks?
A. The Write Checks window
B. The Salary window
C. The Liabilities window
D. The Payroll Checks window

the equipment is expected to have a 5 year useful life and be worth about $11000 at the end of five years. Review the unjustedt balance in accumulated depreciation and prepare the necessary adjusting entry to record the monthly depreciation, if any

M/s Swadeshi Ltd is facing an issue of non-motivated employees. There is no motivation among employees to work, no one takes initiatives. Employees feel that their work never gets recognized and rewarded. Explain various ways to motivate the employees of the organization.

Heckscher-Ohlin Theory begins where Comparative advantage theory ends. Discuss.

Keeping other things constant, why it would be better o penalize the buyers
rather than the sellers in the black market. What light can the supply and
demand analysis throw on the phenomenon of the black market?

Explain the main reasons why a competitive
equilibrium may fail to exist.

What is inflation

Which of the following is an example of fiscal tightening? # randomize

A. Business spending more because they are more optimistic about the economy

B. Consumers spending more because they expect high income in future

C. Foreigners buying more local goods because of higher income

D. Government reducing the size of its deficit

E. Central bank raising interest rates to fight inflation