Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

Derivation of Batman family's supply of loan able funds curve from the given information.

1. In 1999, the Batman family (Batman and Robin) had a disposable income of $50,000, wealth of $100,000, and expected future income of $50,000 a year. At an interest rate of 4 percent a year, the Batmans would save $10,000; at 6 percent a year, they would save $12,500; and at 8 percent a yr, they would save $15,000.

a. Draw a graph of the Batman family's supply of loanable funds curve fro 1999.

b. In 2000, everything remained the same as the year before except that the Batmans expected their future income to rise to $60,000 a year. Show the influence of this change on the Batman's supply of loanable funds curve.

2. If the US cracked down on illegal immigrants and returned millions of workers to their countries of origin, illustrate what would happen in the US to,

a. Potential GDP

b. Employment:

c. The real wage rate:

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M922469

Have any Question? 


Related Questions in Business Economics

Test practice questions1 you are an investment analyst the

Test practice questions 1) You are an investment analyst. The retail market that you have been investing in, tobacco, has been hit by an increase in sales taxes that are levied on tobacco sellers. Assume that the price e ...

Verizons acquisition of yahooread the attached articles

Verizon's acquisition of Yahoo Read the attached articles about Verizon's acquisition of Yahoo. Utilizing your knowledge of external and internal analysis, business and corporate strategy, and corporate governance, pleas ...

Bond valuation assume the following information for an

Bond Valuation Assume the following information for an existing bond that provides annual couponpayments: Par value =$1,000 Coupon rate = 11% Maturity =4 years Required rate of return by investors = 11% a. What is the pr ...

Wellstone is a furniture manufacturer for the residential

Wellstone is a furniture manufacturer for the residential market that creates a variety of furniture pieces for the dining room, living room and bedroom. One of the company’s strategies has been to hold prices fixed at t ...

When matching the type of innovation with supply-chain

When matching the type of innovation with supply-chain functions, it is appropriate to match:    a. products with fairly predictable attributes to market mediation functions    b. an incremental innovation with a physica ...

You currently have 575000 in your retirement savings

You currently have $575,000 in your retirement savings account. You would like to have $2,000,000 when you retire 15 years from today. How much must you deposite (in equal amounts) at the end of each of the next fifteen ...

Assess the ability of the credit-derivatives market to

Assess the ability of the credit-derivatives market to provide warning signals well in advance of future downgrades in credit rating or headlines of company problems holds true today. Provide an example of when the state ...

In an article titled gas prices dropping after last weeks

In an article titled, Gas prices dropping after last week's spike, that was published in The Atlanta Journal-Constitution newspaper on August 29, 2011, Mike Morris wrote: "After a spike last week as Hurricane Irene threa ...

1 suppose a local government has a tax digest of 500

1) Suppose a local government has a tax digest of $ 500 million and feels it must raise $ 15 million for the operation of the its school and general government. What would be the millage rate? 2) What characteristic of r ...

A faculty member sells gatorade at unc charlotte football

A faculty member sells Gatorade at UNC Charlotte football games. He finds that if he raises his selling price by $1, he sells 6 less bottles each week. He turns over the operation to a Managerial Economics student for a ...

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate