56 provide step by step solutions.
Consider an economy in which the goods market is characterized by the following behavioral equations: C = 200 + 0.25Y / = 150 + 0.25Y - 10001 G = 250 7 = 200 i = 0.05 a. Derive the IS curve. b. What are the equilibrium levels of GDP and the interest rate in this economy? c. What is the level of the real money supply? Use the expression: M/P = 2Y - 80001 d. Solve for equilibrium values of C and /. Use these values to verify the value you obtained for Y. e. Suppose that government spending increases to G = 400, What are the effects of expansionary fiscal policy on Y. I, C and the real money supply?Suppose that output in the economy is given by 3000; C=500+0.5Y250r; |=1000-250r; and G=500. Solve for the equilibrium level of r (the real interest rate) and equilibrium level of S or I (remember, S=l in equilibrium). Also solve for the equilibrium level of Consumption. [note S=national savings; |=investment]. In equilibrium r equals D and S (or I) equals Cl . The savings curve as a function of r and Y is given by: (i.e. Use the information that is initially given to you to solve for S and do not substitute in for r and Y). Keep in mind that the 8 curve is upwards sloping (so 8 and r are positively related). .I.@ Name: Student ID: Section: MEASURING PRODUCTION AND INCOME WORKSHEET 8 Below, you are provided with a graph that shows how Potential GDP and Real GDP grow over time. You will use this graph to identify when Real GDP is expanding, contracting, or experiencing a peak. $18.2 $18.0 Potential GDP $17.8 Real GDP Potential GDP / Real GDP (in trillions] $17.6 $17.4 $17.2 $17.0 Jan. 2017 July 2017 Jan. 2018 Time Part 1: Suppose that the economy is at Point A in early 2017. Is Real GDP expanding, contracting, experiencing a peak, or experiencing a trough? Part 2: Suppose that the economy is at Point B in August 2017. Is Real GDP expanding, contracting, experiencing a peak, or experiencing a trough? Part 3: Suppose that the economy is at Point C in November 2017. Is Real GDP expanding, contracting, experiencing a peak, or experiencing a trough?6. Compare the two climographs shown below (Figure 9.8). Which location is near a warm surface ocean current? Explain your response in at least one sentence. Climograph G Climograph H 480 430 130 me imperature ("C) Precipitation (cm) imperiure ('c GENBEE 100 LD 1.0 00 - IFMAMI Month Figure 9.8: Climograph Examples G (on left) and H (on right]." Elevation The final important control on climate is elevation, As you learned when you studied orographic lifting, under normal conditions temperatures decrease between 6 and 10 degrees Celsuis for every 1,000 meters that the elevation Increases. Locations on the windward side of mountains receive precipitation and locations on the leeward side of mountains are in the rainshadow. 7. Compare the two climographs shown below (Figure 9.9). Both locations are found at 48" North latitude. Which climograph represents a location in the rainshadow of a mountain? Explain your response in at least one sentence. *Figure by Waverly Flay is licensed under CC BY-NC-SA 4.0 9 | Lab 7: Climate PatternsQuestion 18 5 pts You must show your work for this calculation, please do your calculation on paper (give the number of the question and show all your work). When you are done the exam, take a picture of your work and upload it to the 'Lab Practical Work Upload Area'. The answer you have for the question must match the work you provide in the upload area. (Keep in mind that in order to get full credit your must upload your work) A 64.2 mg piece of Mg is placed in a large volume of concentrated hydrochloric acid, how many milliliters of hydrogen gas could be produced from this reaction? (Assume the reaction is running at STP conditions) (enter your answer in with 1 decimal place and no-units, the understood unit is ml)
