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

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

In: Economics

44. The determinants of aggregate supply Group of answer choices a. are consumption, investment, government, and...

44. The determinants of aggregate supply

Group of answer choices

a. are consumption, investment, government, and net export spending.

b. explain why real domestic output and the price level are directly related.

c. explain the three distinct ranges of the aggregate supply curve.

3, include resource prices and resource productivity.

In: Economics

Using the IS curve Fed rule model, explain what happens to the equilibrium values of the...

Using the IS curve Fed rule model, explain what happens to the equilibrium values of the interest rate and output if:

a) There is an increase in T with the money supply held constant

b) A decline in G with the Fed changing the money supply enough to keep output constant

c) An increase in P with no change in government spending or taxes

In: Economics

5. Microeconomics and macroeconomics Determine whether each of the following topics would more likely be studied...

5. Microeconomics and macroeconomics

Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics.

Microeconomics

Macroeconomics

The effect of a cigarette tax on the quantity of cigarettes sold
The effect of federal government spending on the national unemployment rate
A consumer's optimal choice when buying a flat-screen TV

In: Economics

1) In the long run, the short-run aggregate supply curve shifts to eliminate any existing output...

1) In the long run, the short-run aggregate supply curve shifts to eliminate any existing output gaps. Depict the parallel shift of the short-run aggregate supply curve that occurs in the long run.

2) Following a reduction in consumer spending, in the long run, what is the value of real GDP in this economy?

In: Economics

Consider the following projects and assume an opportunity cost of capital of 12%.

Consider the following projects and assume an opportunity cost of capital of 12%.

 

a. Calculate the Net Present Value (NPV) of each project. Which is to be preferred and why?

(8 marks)

b. If there is a capital constraint in place which limits spending to £10,000, which project or projects should be selected? Support your answer with calculations.

In: Finance

The national income is $19.74 trillion, consumption is 69% of national income, private investment is 16%...

The national income is $19.74 trillion, consumption is 69% of national income, private
investment is 16% of national income, and government spending is 18% of national
income. What is the current account balance?
a. $0.592 trillion
b. -$0.592 trillion
c. $0
d. Cannot be determined with the information given

(SHOW ALL WORK)

In: Finance

use the following information and the cash flow formula from chapter two To calculate interest paid....

use the following information and the cash flow formula from chapter two To calculate interest paid.

Change in net working capital 13,000

operating cash flow 105,000

dividends paid 41,000

net capital spending 35,000

net new borrowing 17,000

net new equity issued 13,000

In: Finance

1. In your view, should the US aim to reduce government debt at the expense of...

1. In your view, should the US aim to reduce government debt at the expense of social programs like Social Security, Medicare and Medicaid. What is the argument for reducing deficit spending and what is the argument for maintaining (or expanding) social programs? What are the limits on government debt, both in general and in the US specifically? Explain.

In: Economics

The difference between the actual variable overhead cost and the standard variable overhead cost for the...

The difference between the actual variable overhead cost and the standard variable overhead cost for the actual volume of the overhead activity base is known as the

Select one:

A. variable overhead efficiency variance.

B. fixed overhead budget variance.

C. variable overhead spending variance.

D. fixed overhead volume variance.

In: Accounting