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1) A is a small country that produces and consumes Coffee beans. The world price of Coffee beans is $1 per bag, and A's domestic demand and supply for Coffee beans are governed by the following equations: Demand: QD = 8 -P ; Supply: QS = P, where P is in dollars per bag and Q is in bags of Coffee beans.








What is Kuznets’ Puzzle? Explain how the life cycle hypothesis resolves it.

23 If Investor Required Return Is 20% And Capital Gain Is 8% How Much Dividend Company Should Pay?


Is there an inflationary or deflationary gap and what is the size?


What is the level of withdrawals?


What is the government expenditure multiplier? (Assume that all expenditure is made on


domestically produced goods)


Assuming that tax revenues are $7 Billion, How much is the level of savings? (5mks)


An economy is currently in equilibrium. The following figures refer to elements in the national

income accounts.


An economy is currently in equilibrium. The following figures refer to elements in the national

income accounts.


suppose demand for a product that is elastic at a given price . what will happen to the company total revenue if it raises the prices of that product


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