Question
CAN I PLEASE GET HELP ON THESE ECONOMICS QUESTIONS I AM STUCK QUESTION 1 information about an open economy with a government C = 450
CAN I PLEASE GET HELP ON THESE ECONOMICS QUESTIONS I AM STUCK
QUESTION 1
information about an open economy with a government
C = 450 + 0.4Y
I = 350
G = 150
X = 70 Z = 35 + 0.1Y
T = 0.15Y
Yf =1550
- Help at Calculating the level of autonomous spending in this economy.
- Help Calculating the size of the multiplier
(Note: Round your answer to two decimal places)
- Help at Calculating the equilibrium level of income
(Hint: use the multiplier method)
- Calculating the tax revenue to the government of this country when the economy remains in equilibrium.
- Please help at Calculating what the new equilibrium income should be if the government of this country decides to cancel all taxes, implying the tax rate would now be 0%.
- Before the government decreased the tax rate, kindly explain how much of government spending was required to bring the economy to full employment?
QUESTION 2
The monetary transmission mechanism can be depicted in the form of a graph or using symbols.Please help Explain, with the aid of symbols, the monetary transmission mechanism when interest rates increase (Note: Prices and wages are variable.)
- Please make me understand , using the ADAS model, how the South African Government can use fiscal policy as a tool to recover from the negative effects of this COVID19 pandemic.
please the explanation must include the following:
- The description of the type of fiscal policy required;
- An explanation of how the implementation of this tool will work their way through the economy to achieve the desired effect
- The ADAS graph showing the implications of your recommendations.
QUESTION 3
Please Help and break it down to me with the aid of a graph, the effect on the rand/dollar exchange rate and the equilibrium quantity of dollars if there is a decrease in imports from the USA to South Africa.
and may you please comment on the effect of this on the current account balance as well as on domestic prices.
QUESTION 4
Please Explain to me, with the aid of a graph, the demandpull inflation. In the answer, may you please consider the following:
- Graphical illustration of the demandpull inflation
- help with providing any three of your examples/scenario that might cause the demandpull inflation
- Recommend the policy tools to use in order to curb each type of inflation mentioned above
QUESTION 5
What type of unemployment does each of the following represent? Explain to me the correct one.
- Workers at a clothing factory lose their jobs when the firm relocates to another province.
- Workers at a factory making floppy disks lose their jobs when the firm goes under due to competition from USB's.
- Migrant farm workers' employment is terminated when the harvest is finished.
- Workers at the car plant are laid off as a result of a slump in motorcar sales.
- Worker decides to resign from his firm to find himself, so he can follow his passion and apply for a different job in a near future.
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