Questions
For a closed economy, private saving is 1300 and the government is running a budget surplus...

For a closed economy, private saving is 1300 and the government is running a budget surplus of 700. The investment function is I=5000 -100r, where r is the country’s real interest rate, expressed as percentage. The equilibrium interest rate is?

In: Economics

Suppose that the closed economy of an island H is described by the following equations: GDP...

Suppose that the closed economy of an island H is described by the following equations: GDP (Y) = 10000, government expenditures (G) = 600, Taxes (T) = 2000, Consumption (C) = 400 + 3/4 (Y-T), and investment (I) = 200 – 1400 r

a. Write and explain the equation of the GDP

b. Compute

1. Private saving

2. Public saving

3. National saving

4. Equilibrium interest rate

c. What can you conclude about the economy of Island H?

In: Economics

Suppose f maps a closed and bounded set D to the reals is continuous. Then the...

Suppose f maps a closed and bounded set D to the reals is continuous. Then the Uniform Continuity Theorem says f is uniformly continuous on D. To prove this, we will suppose it is not true, and arrive at a contradiction.

So, suppose f is not uniformly continuous on D. If f is not uniformly continuous on D, then there exists epsilon greater than zero and sequences (a_n) and (b_n) in D for which |a_n -b_n| < 1/n and |f(a_n) - f(b_n)| > epsilon. Give comment as to why this must be true if f is not uniformly continuous on D.

Nothing says the sequences (a_n) and (b_n) converge. But, because f is continuous on D, there exists subsequences of (a_n) and (b_n), say (a_nk) and (b_nk) respectively, that do converge. Give comment as to why this would be true.

Show that both limits of the subsequences must lie in D and that they are in fact equal. Explain why this is leads to a contradiction. Finish the proof.

In: Advanced Math

A 0.75 L bottle is cleaned, dried, and closed in a room where the air is...

A 0.75 L bottle is cleaned, dried, and closed in a room where the air is 20°C and 44% relative humidity (that is, the water vapor in the air is 0.44 of the equilibrium vapor pressure at 20°C). The bottle is brought outside and stored at 0.0°C. (See Table 5.2) vapor pressure of 20 degrees is 17.5 torr and 0 degrees is 4.6 torr

What mass of water condenses inside the bottle?

In: Chemistry

A. Find the length of an organ pipe closed at one end that produces a first...

A. Find the length of an organ pipe closed at one end that produces a first overtone frequency of 276 Hz when air temperature is 21.3ºC .

B. Find the length of an organ pipe closed at one end that produces a first overtone frequency of 276 Hz when air temperature is 21.3ºC .

C. Electromagnetic radiation having a 73.8 μm wavelength is classified as infrared radiation. What is its frequency in 1013 Hz?

D. Find the intensity of an electromagnetic wave having a peak magnetic field strength of 6.04×10−9 T? Give your answer in milliwatts per square meter.

E.Calculate the ratio of the highest to lowest frequencies of electromagnetic waves that an electronic sensor can see, given the wavelength range of the sensor is from 466 to 600 nm.

In: Physics

Water in a closed jar that contains 0.05000 mg/ L of bicarbonate, as the ion, at...

Water in a closed jar that contains 0.05000 mg/ L of bicarbonate, as the ion, at a pH of 8.250. Find:

a) Normality of all acid-base species (eq/L) 1 pt.

b) Exact Alkalinity of the solution (Use four significant figures; mg/L as CaCO3) at 25°C. 1 pt.

Hint: Bicarbonate is not the only carbonate species in the water. Use the equilib. relationship:

HCO3- Û H+ + CO32-   pKa2 = 10.33 at 25°C [Table 2-3 EE&S]

c) Approximate Alkalinity of the solution by assuming that all alkalinity is due to bicarbonate and hydroxyl. Is the approximation good? Would it be valid at pH = 12? Why? 1 pt

In: Chemistry

A closed rectangular box of volume 324 cubic inches is to be made with a square...

A closed rectangular box of volume 324 cubic inches is to be made with a square base. If the material for the bottom costs twice per square inch as much as the material for the sides and top, find the dimensions of the box that minimize the cost of materials.

In: Math

Given a sequence of closed intervals arranged so that each interval is a subinterval of the...

Given a sequence of closed intervals arranged so that each interval is a subinterval of the one preceding it and so that the lengths of the intervals shrink to zero, then there is exactly one point that belongs to every interval of the sequence. (This is known as the nested interval property)

In: Advanced Math

Assume that GDP (Y ) is 5,000 in a closed economy. Consumption (C) is given by...

Assume that GDP (Y ) is 5,000 in a closed economy. Consumption (C) is given by the equation C = 1,200+0.3(Y −T)−50r, where r is the real interest rate, in percent. Investment (I) is given by the equation I = 1, 500 − 50r. Taxes (T ) are 1,000, and government spending (G) is 1,500.

(a) What are the equilibrium values of C, I, and r?

(b) What are the values of private saving, public saving, and national saving? (

(c) For the given consumption function, what does the relationship between consumption and the interest rate imply about the saving schedule?

In: Economics

Suppose in a closed economy, the price is fixed and firms produce as much as demanded...

Suppose in a closed economy, the price is fixed and firms produce as much as demanded in the short run. The economy is originally in a general equilibrium. Now consider the case if its central bank tightens money supply (here tightening means reducing).

Please simply answer what happen to consumption (C) and national saving (S) in the short -run equilibrium, and what happen to P in the long run equilibrium.

In: Economics