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write my assignment 11341

Autonomous consumption = R 100 millionInvestment spending = R 300 millionGovernment spending = R 200 millionExports = R 150 millionAutonomous imports = R 100 millionMarginal propensity to consume = 2/3Tax rate = 1/10Marginal propensity to import = 1/10Yf – Full employment = R 2 150 million11. The multiplier is equal to[1] 2[2] 2½[3] 3[4] 3⅓12. The equilibrium level of income is[1] R1 300 million.[2] R1 625 million.[3] R1 950 million.[4] R2 145 million.13. The budget deficit at the equilibrium level of income is[1] R50 million.[2] R70 million.[3] R130 million.[4] R170 million.14. The full employment income level can be reached by[1] increasing government spending by R200 million.[2] increasing exports by R175 million.[3] increasing imports by R175 million.[4] increasing investment spending by R425 million.[5] increasing government spending by R525 million.Questions 15 to 20 were taken from previous exam papers and should give you a good ideaof the kind of question you can expect in Section B of the exam paper.15. In an economic model, an endogenous variable is[1] a stand-in for more complicated variables.[2]

 

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write my assignment 5112

Are the correct probabilities 68% for 1a. and 95% for 1b. ?

1. Are Americans interested in opinion polls about the major issues of the day? Suppose that 40% of all adults are veryinterested in such polls. (According to sample surveys that ask this question, 40% is about right.) A polling firm chooses anSRS of 1015 people. If they do this many times, the percentage of the sample who say they are very interested will varyfrom sample to sample following a Normal distribution with mean 40% and standard deviation 1.5%. Use the 68—95—997 rule to answer these questions. (a) What is the probability that one such sample gives a result within 11.5% of the truth about the population? (b) What is the probability that one such sample gives a result within i3% of the truth about the population?

 

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write my assignment 8229

Suppose the market demand for a good is given by where y is quantity. Assume that each firm in the industry can make the product at a constant cost of $40 per unit.a. What are the equilibrium quantities sold if the markets are perfect competition and monopoly, respectively?b. Suppose there are only two firms (1 and 2) in the industry. Determine quantity sold by each, the market price and profits made by each if the firms are engaged in Cournot game.c. Suppose there are only two firms (1 and 2) in the industry. Determine quantity sold by each, the market price and profits made by each if the firms are engaged in Stackleberg game.d. Suppose the marginal costs are given instead by MC1 = 30 and MC2 = . The first firm is price leader whereas the second is fringe firm or, in other words, engaged in Bertrand game. Find the market price and quantity, quantities sold, and profits generated by each firm-1,11,-11,-1-1,1AB1B2A3HTHTHT

 

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write my assignment 1301

Harco is a retailer of appliances.  Harco buys its inventory from RST. Inc., the manufacturer.  To finance its inventory, Harco buys appliances from RST on credit, signing a promissory note and giving RST a security interest in the inventory.  RST perfects this security interest.  Harco also needed cash for working capital, so Harco borrowed money from First Bank, giving First Bank a security interest in Harco inventory.  First Bank perfected this security interest before RST  perfected its security interest.  Harco cannot pay its debts, so both RST and First Bank attempt to foreclose on this inventory. Discuss who has priority and why

 

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