Other than business and households, what are the other two sectors of a closed economy?

Provide a short description of the size of the foreign exchange market (Forex/FX):

Explain how the repeal of the 1933 Glass-Steagall Act in 1999 with the Financial Services Modernization Act changed the marketplace. 16. Which segment of the market is the main net supplier of loanable funds?

IBM issues 1 million new shares by selling them to its underwriter; is this a primary or secondary market transaction? ______________

The Closed Fund has a net asset value of $36.14 per share. If the fund sells for $34.44 per share, what is its premium or discount as a percent of net asset value?

Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321.

Consider a closed economy (no international trade) under a simple Keynesian model. Assume investment is a constant. Tax is a lump-sum that does not depend on income. If a government increases its expenditure by $1 but at the same time increases the lump-sum tax by $1. Will real output be increased or decreased, and by how much?

What are the endogenous variables in a closed-economy ​model? ​(Select all that​ apply.)

A.

Aggregate output

B.

Quantity of labour demanded

C.

Total factor productivity

D.

Market real wage

E.

Consumption

F.

Government spending

G.

Capital stock

H.

Taxes

I.

Quantity of labour supplied

suppose private saving in a closed economy is $12 billion and investment is $10 billion. Which of the following are true?

A. national saving must equal $12 billion

B. public saving must equal $2 billion

C. Government budget surplus must equal $2 billion

D. Government budget deficit must equal $ 2 billion

Consider a closed economy described by the following equations (all figures in millions of dollars):

Y = C + I + G + NX

Y = 8,000 (current value of output)

G = 2,000

T = 1,000 + .1(Y)

C = 450 + 0.75 (DI)

I = 2,000

NX = 0

1. What is the current state of this economy in term of private saving, public saving and the balance between current level of investment and private domestic saving?
2. Suppose government approve an infrastructure investment which raises government expenditure to 2,250. How would this increase impact your calculation in (a) above?
3. Using the initial information given above, suppose due to better economic forecasts, business community decide to increase the level of investment by 10%, how would the change investment impact the economy (in term of consumption, saving, taxes, etc.)? (hint; you want compare the result you get in (c) with what you calculated in (a)).

At equilibrium real GDP in a private closed economy,

Multiple Choice

• the MPC must equal the APC.

• the slope of the aggregate expenditures schedule equals the MPS.

• aggregate expenditures and real GDP are equal.

• planned saving and consumption are equal.

Government actions that were taken in order to stimulate the economy during the Great Recession of 2007–09 included the following, except

Multiple Choice

• a significant reduction of interest rates to nearly zero.

• a large increase in transfer payments.

• an increase in the deficit spending of the government.

• a sharp increase in the natural rate of unemployment.

• Use the Leontief closed model to solve the linear system and determine the dollar amount each organization pays for a credit. Use a scale factor of s = 100.
• For each organization, calculate the ratio of the number of credits required and cost per credit. What does this information provide?

Provide your solution and recommendations.

Two glass bulbs, both at 298 K, are connected by a (closed) valve: The left bulb has a volume of 3.0 L and is filled with 145 mmHg of helium gas The right bulb has a volume of 2.0 L and is filled with 355 mmHg of argon gas When the valve is opened and the gases are allowed to mix, what will be the total pressure in the system?

For each sequence given below, find a closed formula for an, the nth term of the sequence (assume the first terms here are always a0) by relating it to another sequence for which you already know the formula.

−1,0,7,26,63,124,…

an=(n^3)-1

−1,1,7,17,31,49,…

an=2n^2-1

0,10,30,60,100,150,.....

an=10*((n(n+1))/2)

2,3,6,14,40,152,…

an=

The first three are correct I can't figure out the last one.