Assume an economy with 1000 consumers. Each consumer has income in the current period of 50 units and future income of 60 units and pays a lump-sum tax of 10 units in the current period and 20 units in the future period. The market real interest rate is 8%. Of the 1000 consumers, 500 consume 60 units in the future, while 500 consume 20 units in the future.

(a) Determine each consumer’s current consumption and current saving

(b) Determine aggregate private saving, aggregate consumption in each period, government spending in the current and future periods, the current-period government deficit, and the quantity of debt issued by the government in the current period

A deficit-financed increase in government purchases

A. crowds out investment spending by decreasing interest rates.

B. crowds out investment by decreasing the exchange rate

C. ...is this even in English???!!!!

D. crowds out investment spending by increasing interest rates.

E. has no negative impact on consumption or investment.

F. crowds out consumer spending by reducing consumer incomes.

G. crowds out investment by increasing the exchange rate

what is the effect to real estate sector in corona Virus to related ASEAN

what is the effect of construction sector in corona virus to related in ASEAN

Suppose country Zee is a closed economy. Consider AD, SRAS and LRAS for the economy of Zee. Tye economy begins at price level P0, with output equal potential GDP=Y*, budget is balanced.

3.1 Suppose the government of Zee increases tax, T while keeping government expenditure G unchanged. Are we having budget deficit or surplus? What would be the effect of this action on loanable funds, real interest rate, private savings and investment, and levels of debt in country Zee?

3.2 Compare the short-run and the long-run effects of the governments policy stated in 3.1. Briefly mention what dilemma does the government face in implementing this policy.

1. How does protectionism defined? 2. What is the history of the protectionism? 3. What do the pieces imply about protectionism today? 4. What do the pieces imply about the future of protectionism? 5. What has been and what would be the impact of protectionism in the World?

Consider AD, SRAS and LRAS for the economy of country Xantron.

1.1 Suppose Xantron is having real GDP lower than $1 million in a short-run situation, compared to Xantron's potential GDP. Give an example what might have caused this kind of situation in Xantron that could be mitigated by Monetary Policy. What kind of monetary policy could be useful for the economy of Xantron to restore potential GDP? Explain short-run and long-run dynamics ( changes/shifts/movements relating to AD, SRAS, LRAS, changes in price level, output level etc. associated with this particular Monetary policy)

1.2 Suppose in a short-run situation Xantron has real GDP exceeding potential GDP by $1 million. Give an example what might have caused this kind of situation in Xantron that could be mitigated by Monetary policy. What kind of Monetary policy could be useful for the economy of Xantron to restore potential GDP? Explain short-run and long-run dynamics (changes/shifts/movements relating to AD, SRAS, LRAS, changes in price level, output levels etc. associated with this particular Monetary policy)

1. Mary Wollstencraft and J.S Mill (in On the Subjection of Women) both argue that women have been oppressed. What does each thinker say about the way that either (or both) the private and/or public spheres perpetuate women’s oppression? You can refer more to Wollstencraft in the answer if you prefer. **

2. Marx and Mill both thought that there were historical forces blocking the full development of human freedom. How are their views of freedom (and secondarily history) different? What do Marx and Mill want people to be free from? What did each thinker think that freedom was for? You can refer more to Marx in the answer if you prefer. **

perform a SWOT analysis of Ryanair.

1A-) Using the appropriate diagram and explanation, discuss what is meant by the liquidity trap

2A-) What is the relationship of the liquidity trap to the degree of effectiveness of the various economic policies?

How are the three versions of the Solow Growth Model different?

Why do you think we need three different versions of the same model? (Hint: Steady-state growth rates)

What is convergence and conditional convergence? Give examples.  

what are the multi-step process involving the methods the Federal Reserve Bank will undertake to create the $1,200 stimulus checks? Take us through all of the steps of the process, from the Congress approving a federal expenditure with no tax increase, until the public’s possession of the newly printed money.  Include all of the steps that must be undertaken by both the Federal Reserve Bank and by the US Treasury for this money supply expansion to go from start to finish.  Do not skip any necessary steps in the process; keep explaining all government steps until you have the new money.

• i. Find the equilibrium price and quantity in the market for steel whose supply and demand curves are given by P=4Q^S and P = 12 – 2Q^D respectively.
• ii. If the price charged on the market is $6, how does the market get back to equilibrium, ceterus parabus.
• iii. Wages go up significantly so that the cost of production increases. Which of the following would be true in the short run:
  1. The demand curve would shift out or to the right and the equilibrium price would go up
  2. The demand curve would shift back or to the left and the equilibrium price would go down
  3. The supply curve would shift out or to the right and the equilibrium price would go down
  4. The supply curve would shift in or to the left and the equilibrium price would go up
• iv. Going back to the original supply and demand curves, suppose a sales tax is imposed on steel consumption. Which of the following would be true in the short run:
  1. The demand curve would shift out or to the right and the equilibrium price would go up
  2. The demand curve would shift back or to the left and the equilibrium price would go down
  3. The supply curve would shift out or to the right and the equilibrium price would go down
  4. The supply curve would shift in or to the left and the equilibrium price would go up