Business, 10.09.2019 23:30 Fatoucham1200
Given the following variables in the open economy aggregate expenditure model, autonomous consumption (c0) = 800, autonomous investment (i0) = 600, government spending (g0) = 1700, export spending (x0) = 700, autonomous import spending (m0) = 400, taxes (tp) = 200, marginal propensity to consume (c1) = 0.75, marginal propensity to invest (i1) = 0.2, and marginal propensity to import (m1) = 0.15. a. calculate the equilibrium level of income for the open economy aggregate expenditure model. (show all your steps carefully.) b. if there is a decrease in the marginal propensity to consume from 0.75 to 0.65, calculate the new equilibrium level of income and the value of the multiplier. (again, show all your steps carefully.)
Answers: 3
Business, 22.06.2019 12:00
Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number.include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?
Answers: 1
Business, 22.06.2019 20:30
Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game.expert answer
Answers: 3
Business, 23.06.2019 01:50
Exhibit 34-1 country a country b good x 90 60 30 0 good ygood x good y 0 30 60 90 30 20 10 20 40 60 refer to exhibit 34-1. considering the data, which of the following term to? a. 1 unit of y for 1 unit of x b. 1 unit of y for 0.75 units of x c. 1 unit of y for 0.25 units of x d. 1 unit of y for 1.50 units of x e. all of the above s of trade would both countries agree 8. it -
Answers: 2
Business, 23.06.2019 10:20
Which theorem states that no two species competing for the exact same resources can coexist? which theorem states that no two species competing for the exact same resources can coexist? resource partitioning principle complex community network principle dominance species principle competitive exclusion principle?
Answers: 3
Given the following variables in the open economy aggregate expenditure model, autonomous consumptio...
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