1 (a) Explain the mechanism of counter-current multiplier system
during the formation of urine
in man.
(b) What is the significance of this process to
mammals living in arid of the regions earth?
Explain how counter-current exchange works and give a
biological example, naming the structure involved, what is being
exchanged and, why??
Full details please
Detailed description of just what "counter-current exchange" is,
how it differs from "con-current", which organisms it can be found
in, and what function does it serve in these various organisms.
Describe the function of the two counter-current mechanisms that
operate in the human kidney.
Please cite references (400 words, references are
not included in word count)
Describe how the multiplier works when the government
decreases spending?
Explain how the multiplier depends on the MPC and the income
tax rate. Provide intuition for your answer. What happens if MPC =
0? What happens if MPC = 1?
Draw the Keynesian consumption function and relate the size of
the multiplier to the slope of the Keynesian consumption
function.
1. a)
What is Multiplier? Explain how it works in an economy. 4
b) Explain the paradox of thrift. Why do you think it is a paradox?
3
c) Suppose the consumption function is given by C=300+0.75Y
while
investment spending is 900 with no govt. expenditure. 3
i. Determine the equilibrium level of national income and
consumption
expenditure.
ii. If investment spending increases to 1100, what will be the
effect on
equilibrium income?
iii. If the government desires to increase...