Explain what in turn will happen to income. a government , Ask an Expert

Economics

a. Find consumption and planned aggregate expenditure.
b. Carefully explain why and how this economy is not in equilibrium.
c. Explain what business will do in response to this disequilibrium.
d. Explain what, in turn, will happen to income.
e. A government official suggests increasing government purchases by $100. What is the main benefit of this proposal? What is the main drawback of this proposal? Give specific numerical answers where possible.

View complete question

Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9492311

Have any Question?Write your Review or question?

Related Questions in Macroeconomics

Economics and finance for business assignment -research

Economics and Finance for Business Assignment - Research report on Australian businesses - An industry or market analysis The objective: To conduct a market or industry analysis of rival businesses in an industry of your ...

Discussion questionsquestion 1 what are the main reasons

Discussion Questions Question 1: What are the main reasons why Nigerians living in extreme poverty? Justify. ( 7) Question 2: Why GDP per capita wouldn't be an accurate measure of the welfare of the average Nigerian? Exp ...

Question consider an online game that is popular in china

Question: Consider an online game that is popular in China. Besides having good skills, players performance also depends on the value of the virtual weapons they have in the game. There are two ways to obtain the virtual ...

Question franchise arrangements involve a number of highly

Question: Franchise arrangements involve a number of highly specific investments on the parts of both the parent company (e.g., McDonald's or Hilton Hotels) and the franchisee (the owner of a particular McDonald's or Hil ...

Question - explain why it is important to evaluate the

Question - Explain why it is important to evaluate the overall performance of the firm's sales force and list the advantages and disadvantages of sales, cost, and profit analyses. Also, discuss the use of ROI in measurin ...

Assignment 1 this assignment will enable you to apply the

Assignment 1: This assignment will enable you to apply the determinants of supply and demand, market equilibrium, and price elasticity for a product This assignment will cover the following course outcomes: Describe and ...

Question firms producing different products have some

Question: Firms producing different products have (some) ability to set prices for their products. What are some factors which allow firms to attain these monopoly profits (sometimes called monopoly power or monopoly ren ...

Question - a price-taking firm has the production function

Question - A price-taking firm has the production function Q = f(z 1 , z 2 ). The output price is P and the input price is w 1 and w 2 . There are two unusual things about this firm. First, rather than maximizing profit, ...

Question - the supply for cars qs depends on the price of

Question - The supply for cars Q s , depends on the price of cars P, and the price of steel P s . The demand for cars Q d , depends on the price of cars P, the price of car insurance P i , the price of bus tickets P b , ...

Question topic 2 product or service offered and global

Question: Topic 2: Product or Service Offered and Global Consumption Describe the product or service including brand/logo and packaging. In addition, use the following link, and visit the globalEdge website and describe ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Macroeconomics Expert