Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

Question: 1. In January 2009, Congress passed a major stimulus bill. The bill increased federal spending over several years; in 2010, stimulus spending was $385 trillion, or about 2 percent of GDP. According to the Office of Management and the Budget (OMB), the stimulus raised 2010 GDP by about 3 percent. Given these numbers, what do OMB economists believe is the value of the multiplier?

2. Suppose the marginal propensity to import is 0.25. If GDP falls by 20, what is the change in imports?

3. Between 2010 and 2015, US GDP increased by about $3 trillion, while imports increased by about $0.6 trillion. Based on these numbers, what is the marginal propensity to import in the US?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93137577

Have any Question? 


Related Questions in Microeconomics

Question the principal economic argument for abolishing the

Question: The principal economic argument for abolishing the long-term capital gains tax is that it would boost productivity, and hence pay for itself. The principal economic argument against that move is that it would e ...

Question when discussing the pin makers we brought up

Question: When discussing the pin makers we brought up marketing cooperatives like Sunkist Oranges. Unlike the pin makers, orange growers control Sunkist's policies by their votes (weighted by their shipment volumes), fo ...

Question the kennedy-johnson tax cut reduced personal

Question: The Kennedy-Johnson tax cut reduced personal income tax rates by 20% during 1964 and 1965; the personal saving rate was virtually unchanged from 1963.4 to 1965.4. The Reagan tax cut reduced personal income tax ...

A market with q 16p-2 is supplied by a monopoly with cost

A market with Q = 16*p^-2 is supplied by a monopoly with cost C(Q) = 6 + Q^2/8. Calculate the equilibrium price, output and monopoly profits. What should be the equilibrium if the market were supplied competitively by fi ...

Question a how is full employment defined and why does the

Question: (A) How is full employment defined, and why does the full-employment rate of unemployment keep changing? (B) In December 1998, the BLS reported the following unemployment rates: 1. Unemployed over 15 weeks 1.1% ...

Question as purchases of high-tech equipment become an

Question: As purchases of high-tech equipment become an increasingly important part of total capital spending, and hence total GDP, do you think fluctuations in that category will dominate cyclical fluctuations in the ov ...

Question 1 what market structure best describes the

Question: 1. What market structure best describes the environment within which your organization operates? What challenges and opportunities would arise from higher and lower degrees of government intervention? 2. Accord ...

Question before world war ii started the german currency

Question: Before World War II started, the German currency, which was then the Reichsmark, was set at 2.5 to the dollar. After the war ended, the occupying forces set its successor, the Dmark, at 4.2 to the dollar. The u ...

Question why are the themes of managing teams managing the

Question: Why are the themes of managing teams, managing the multicultural workforce, managingglobalization, managing ethics and CSR, and managing with metrics so important today? Which of these challenges is likely to i ...

Question consumer reports has hired you to study gas

Question: Consumer Reports has hired you to study gas mileage obtained by the new Federico Fellini Fuel-Efficient Ferrari. Specifically, you are asked to test the manufacturer's claim that, on aver-age, the car travels 3 ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved