Macroeconomics Answers

suppose an economy is described by the following equation:

Y = C + I + G + X - M

C = 14 + 0.60Yd

I = 20

G = 10

X = 15

M = 5 +0.1Y

T =20 +0.4 Y

(a) Find out the equilibrium value of income

(b)Calculate net export

(c) what is the value of export multiplier?

(d) if the equilibrium national income at full employment is N$202, what should be the increase in government spending or in exports to attain the full employment level of income?

Extract the GDP, employment rate, investment, education, political stability or other socio-political, institutional and economic factors for all the economies. Run the regression analysis both for the conditional and unconditional convergence for a sample of developed countries and developed countries, each separately and an aggregate analysis for the global economy. The selection for the development level categories can follow regional divisions or international organization membership, etc.... (For e.g. OECD, Western Economies, OPEC, BRICS, etc) . Plot the respective convergence analysis scatter plots depicting the convergence behaviour. (Use the average per capita GDP growth between 1990 and 2020 as a dependent variable and GDP growth rate in 1960 as the independent variable for the unconditional regression analysis. For the conditional convergence, use additional

in the context of the circular flow of economic activity, which of the following would not be a traditional activity of the government

Is NNP greater or lesser than NI

You are trying to decide whether to take a vacation. Most of the costs of the vacation (air fair hotel amd forgone wages) are measured in dolla bit the benefits of the vacation are psychological.How can you compare the benefits of the costs?

Discuss the goals of regulatory frameworks with regards to reasons governments manage regulate-es and use different regulators to policy the financial markets.

the demand function for a product is D(q)=-2q²+60. use a difference with h=0.001 to estimate the marginal demand when 5 units are produced.

(A) $119.96 per unit

(B)$1 per unit

(C) -$0.04 per unit

(D) -$20 per unit

(E) -$40 per unit

Explain the risks that contributed to the financial crisis of 2008?

When government is paying old age pension ,it is intervening in the economy

Tax evasion occurs when