Suppose the government permanently increases spending on the salaries of its workers. Thinking about long run crowding
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
To conclude we can say that government consumption spend...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Macroeconomics Principles Applications and Tools
ISBN: 978-0134420684
9th edition
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
Question Posted:
Students also viewed these Economics questions
-
This problem adds the government to the growth model. Suppose that a government purchases goods in the amount of g per worker every year; with Nt, workers in year t, total government purchases are...
-
1. When the economy operates at full employment, an increase in government spending must crowd out consumption. ___________ (True/False) 2. A(n) ________ economy is open to trade, whereas a closed...
-
Suppose the government increases education spending by $20 billion. How much additional consumption will this increase cause? Show your work.
-
Craig Industries was in the business of manufacturing charcoal. Craig, the corporation's president, contracted in the name of the corporation to sell the company's plants to Husky Industries. Craig...
-
If companies that are operating below the break-even point cannot raise prices, what must they do to break even?
-
Suppose you are designing a 3 Ã 6-ft air-hockey table, with 1/16-inch-diameter holes spaced every inch in a rectangular pattern (2592 holes total), the required jet speed from each hole is 50...
-
What type of guidelines might management set in analyzing and evaluating proposed capital outlays? LO.1
-
Given a sample size of 36, how large does the population standard deviation have to be in order for the standard error to be (a) 1 (b) 2 (c) 5 (d) 100
-
Who is responsible gor the preparation and filing of a decedents final tax return when the decedent dies testate( with a will) ? 1) decedents spouse 2)competent and availsble personnsl representative...
-
The table below shows the percent of the labor force that is unemployed and the size of the labor force for three counties in northwest Ohio. Jon Elsas is the Regional Director of Economic...
-
After he became Federal Reserve Chairman, Ben Bernanke no longer advocated a policy of increasing expectations of inflation in order to escape from a liquidity trap. What factors do you think might...
-
In Japan in the 1990s interest rates were near zero on government bonds. Some economists said that it was still possible to stimulate investment by creating negative real interest rates. If nominal...
-
Solaris Co. began year 2011 with 6,300 units of product in its January 1 inventory costing $35 each. It made successive purchases of its product in year 2011 as follows. The company uses a periodic...
-
HOW DO WE CONNECT SAILORS TO THEIR PAST IN ORDER TO TEACH VALUES, HENCE ENHANCING PRIDE IN SERVICE TO OUR COUNTRY?
-
Making this substitution using 12 sin(x) cos(x) dx gives us 12 sin(x) (1-sin(x)) cos(x) dx = 12 sin(x) cos(x) dx-
-
For MNEs In light of the pandemic, do you agree that globalisation is in retreat? Why?
-
How do emergent states such as cohesion, potency, and mental models influence team effectiveness and performance in complex and dynamic environments ?
-
2. How do you feel about the progress IKEA Group has made in implementing this plan? I'm looking for analysis for 2-3 pages with a minimum of 3-4 references for this case. Case study: Sustainability...
-
A 1.0-mm-diameter ball bearing has 2.0 x 10 9 excess electrons. What is the ball bearing's potential?
-
How has the too-big-to-fail policy been limited in the FDICIA legislation? How might limiting the too-big-to-fail policy help reduce the risk of a future banking crisis?
-
1. Arrow up or down: According to the law of supply, an increase in price ___ the quantity supplied. 2. From the following list, choose the variables that are held fixed when drawing a market supply...
-
1. Arrow up or down: According to the law of supply, an increase in price ___ the quantity supplied. 2. From the following list, choose the variables that are held fixed when drawing a market supply...
-
1. The market equilibrium is shown by the intersection of the ____ curve and the ____ curve. 2. Excess demand occurs when the price is (less/greater) than the equilibrium price; excess supply occurs...
-
Pottery Ranch Inc. has been manufacturing its own finials for its curtain rods. The company is currently operating at 100% of capacity, and variable manufacturing overhead is charged to production at...
-
3. How much life insurance do you need? Calculating resources - Part 2 Aa Aa E Paolo and Maria Rossi have completed Step 1 of their needs analysis worksheet and determined that they need $2,323,000...
-
On March 1, LGE asks to extend its past-due $1,200 account payable to Tyson, Tyson agrees to accept $200 cash and a 180-day, 8%, $1,000 note payable to replace the account payable. (Use 360 days a...
Study smarter with the SolutionInn App