Economics

ECN500MReview Questions 31 August 2012 ***************************************************************************** Topics covered: Macro launching & big concerns (growth, unemployment, inflation), national income accounting, aggregate demand and supply, BOP, & mo lastary & financial policies, wear down market and productivity. Four questions (with 4-5 sub questions) will be asked in your terminal exams: A reminder, for those who exceeded the maximum allowable absences of 2.5 meetings, unless you return sensible excuses, will be given a final path of 0.0 even if you perfect all exams and the business critique. communication tune article critique: Submission on 1 family unit (Saturday), 1445-1800, XR0525. You should focus on giving solid and logical depth psychology based on as many correctly curb macroeconomic theories and principles and concepts. You can tackle several (interrelated) key events/issues in each article. ****************************** *********************************************** 1. Given the following data for economy OksLang with gold (Oh), answer the succeeding questions: C= 200 +0.8Y; I=Oh100; AE = C + I. The equilibrium condition is AE = Y. (#6 C19 pp. S14) a. what is the marginal propensity to stroke down in OksLang; marginal propensity to save? b.

graph AE and AE=Y and determine the equilibrium income. c. Supposed investment is increase to Oh110, (i) what is the crude equilibrium income? (ii) By how much does the Oh10 increase in think investment change equilibrium income? (iii) What is the value of the multiplier. d. (i) compute the manner of speaking go away fo r OksLang. (ii) Plot the saving function on ! a graph with the investment function. (iii) Explain why the equilibrium income in this graph must be the equal as in (b). 2. Some economists came up with the following estimates of macroeconomic variables for Problematique country: (i) really national output is P1000 Bn, government expending totals P200Bn, total net taxes P200Bn, and...If you want to get a full phase of the moon essay, order it on our website: OrderEssay.net

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