Suppose C = 500 + 0.75 Yd where Yd is Disposable Income and Disposable Income is National Income minus Net Taxes. In this case, the government spending multiplier equals.
Group of answer choices
a) -4 (negative 4).
b) 0.75
c) 4/3.
d) 4 (positive 4).
In: Economics
Please answer for December 2018.......Visit the Fed's Summary of Commentary on Current Economic Conditions (Links to an external site.)Links to an external site., also known as the Beige Book. Prepare a proposal recommending monetary policy actions designed to correct problems with spending, employment, and prices. Defend your choices.
In: Economics
Microeconomics and macroeconomics
Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics.
|
Microeconomics |
Macroeconomics |
||
|---|---|---|---|
| The effect of federal government spending on the national unemployment rate | |||
| A consumer's optimal choice when buying a flat-screen TV | |||
| The effect of government regulation on a monopolist's production decisions |
In: Economics
A survey of 25 young professionals fond that they spend an average of $28 when dining out, with a standard deviation of $10. (a) Find and interpret the 95% confidence interval for the average spending. (b) Based on your answer in part (a), can you conclude statistically that the population mean is less than $30? Explain.
In: Statistics and Probability
The American Recovery and Reinvestment Act of 2009 was Approved by the Congress. Think about and discuss the impact of Economic Stimulus Spending on the economic recovery.
President Obama has been extending Unemployment Benefits, part of Transfer Payments during the Great Recession. Think about and discuss the impacts of Automatic Stabilizers on the economy.
In: Economics
Recently we have a new tax code implemented that lowers the tax rates for all. (without making a political statement-if possible) What is the intended outcome of the new tax code? Is it logical that reduced taxes can cause greater spending and help pay off the national debt? Why or why not?
In: Economics
By using AD-AS and Phillips Curve analysis, explain what happens to output and price level as well as unemployment and inflation rates for each of the situations listed below:
a) The government reduces the tax rate for individual
income in order to encourage households’ spending.
b) Central Bank increases the required reserve ratio.
In: Economics
The patient recovery time from a particular surgical procedure is normally distributed with a mean of 5.6 days and a standard deviation of 1.8 days.
What is the probability of spending more than 4 days in recovery? (Round your answer to four decimal places.)
I have been stuck on this question for an hour.
In: Statistics and Probability
a) Define what are expansionary and contractionary discretionary fiscal policies.
b) Define what is automatic stabiliser in fiscal policy and provide 2 examples.
c) Consider an economy that is operating below the full-employment level of GDP, what would be the effect of an increase in government spending on agreegated demand and real GDP.
In: Economics
BQ(11). “Some procurement and supply managers mention that: We can’t be spending money on supplier development—we’re not in business to train suppliers and do their job for them!”
BQ(11.a). What type of barrier does this statement represent?
BQ(11.b). How would you respond to such a statement?
In: Operations Management