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Given the following variables in the open economy aggregate expenditure model, autonomous consumption (co)=200, autonomous investment (Io)=200, government spending (G0)=100, eport spending (Xo)= 100, autonomous import spending (Mo)=100, taxes (Tp)=0, marginal propensity to invest (i1)=0.1, and marginal propensity to import (m1) =0.15 calculate the equilibrium level of income for he open economy aggregate expediture model.
Economics
what is the relationship between moral hazard and insurance premium
Suppose in a given state's new insurance marketplace, with community rating and no restrictions, the risk pool is:
30% of eligible enrollees' expected health costs = $1,000 (per year)
65% = $2,000
5% = $10,000
what will be the community premium rate for this pool
30% of eligible enrollees' expected health costs = $1,000 (per year)
65% = $2,000
5% = $10,000
what will be the community premium rate for this pool
Calculate the equilibrium level of income if C=R100 million +0,8 Y and I= R125 million
Consider the following numerical example of the simple Kenesian model with no government spending,taxes or a foreign sector (all figures in R millions):
C =100 + 0,9Y
I = 50
Answer the following questions.
1. What is the value of the marginal propensity to consume(MPC) in this model?(2 marks)
2. Use a graph to illustrate the equilibrium level of output (5 marks)
3. Calculate the equilibrium level of output. (5 marks)
C =100 + 0,9Y
I = 50
Answer the following questions.
1. What is the value of the marginal propensity to consume(MPC) in this model?(2 marks)
2. Use a graph to illustrate the equilibrium level of output (5 marks)
3. Calculate the equilibrium level of output. (5 marks)
Uk's real GDP was 1 360 trillion pounds (£) in 2009 and 1 434 trillion pounds in 2010. Uk's population was 191.5 million people in 2009 and 193.3 million in 2010.
Calculate:
1. The economic growth rate .(3 marks)
2. The growth rate of real GDP per person .(5 marks )
3. The approximate number of years it takes for real GDP per person in the Uk to double if the 2010 economic growth rate and population growth rate are maintained. (4 marks)
Calculate:
1. The economic growth rate .(3 marks)
2. The growth rate of real GDP per person .(5 marks )
3. The approximate number of years it takes for real GDP per person in the Uk to double if the 2010 economic growth rate and population growth rate are maintained. (4 marks)
The people on thohoyandou island buy only juice and cloth .the CPI basket contains the quantities bought in 2010. The average households spent $60 on juice and $30 on cloth in 2009 when the price of juice was $2 a bottle and the price of cloth was $5 a meter. In the current year, 2010 , juice is $4 a bottle and cloth is $6 a meter .
Calculate :
1. CPI per basket and
2. The inflation rate
Calculate :
1. CPI per basket and
2. The inflation rate
Calculate
1. The unemployment rate (2 marks)
2. Labour force participation rate(2 marks)
3. Absorption rate (2 marks)
Given the following:
Statistics south africa reported the following data for 2012. Labour force 17948 000 , Employment 13 422000 , working age population 32 786 000.
1. The unemployment rate (2 marks)
2. Labour force participation rate(2 marks)
3. Absorption rate (2 marks)
Given the following:
Statistics south africa reported the following data for 2012. Labour force 17948 000 , Employment 13 422000 , working age population 32 786 000.
1. Explain how the inflation rate ,that is usually reported every month in the media, is obtained. Use hypothetical figures for calculations.
1. Calculate the equilibrium level of income if C=R100 million +0,8Y and Ī =R125 million .
