Explain how any technological advancement (increase in our A from production function) could affect investment, aggregate demand and income. Please show your answer by using graphs, models and explaining thoroughly.
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- How do you think your life is affected by macro economic forces? Provide examples as well. Just a summary please:) 1 and a half paragraph1. Assume that the economy is in a steady state and there is an unexpected permanent increase in the rate of depreciation δ. Using the appropriate diagram show: a. What is the best response to this change? b. Does consumption initially increase or decrease?Fluctuation of savings and investment rates impact on GDP of any macroeconomics. Comment with the help of example and graphically as wel
- View History Bookmarks Tools Window Help Coy, Jonnifer - Outlo X C Martin County School District X S MyPath - Home Content https://ezto.mheducation.com/ ext/map/index.html?_con%3Dcon&external_browser%3D0&launchUrl=https%25 Saved Level of Output and Income (GDP= DI) Consumption Saving APC APS MPC MPS S480. $-16 520 560 16 60 32 640 48 680 64 720 80 760 96 800 112 Des Instructions: Enter your answer as a whole number. b. What is the break-even level of income in the table? What is the term that economists use for the saving situation shown at the $480 level of income? (Click to select) Y c. For each of the following items, indicate whether the value in the table is either constant or variable as income chanc The MPS: (Click to select) The APC: (Click to select) The MPC: (Click to select) The APS: (Click to select) aw Prev 1 of 1 JAN 11 %24How would you interpret the graph of an economy? What conditions/gaps are they experiencing?When comparing National with Regional Input-Output models, the issue of “leakages” often comes up. what is a “leakage? Also explain the impact that a leakage has on an economy’s multipliers and what this means for measure of economic impact
- Student question Please Provide the answer for Question 3 and 4 G Font PO PIEL EO P2 3 R/GDPP/GDP R/GDP C Learning Activity 8 Consider the following AD-AS model for an economy and answer the following questions. F LRAS R/GDP AD2 ADI Paragraph SRAS ADO 4. What are factors that can shift LRAS to the right? Answer: Time Left: 00:09:34 1. Indicate the point where the above economy is in equilibrium in the short run and long run? Answer: 2. Explain the inflationary gap in the above graph and how the economy can recover itself from this output gap? Answer: 3. Explain recessionary gap in the above graph and what kind of fiscal policy can be used by a government to recover the economy from this output gap. Answer:Good day please help me with this question from my textbook. explain the main macroeconomic objectives that economists use to assess theperformance of an economy and refer to the indicators that are used tomeasure these objectives.16 100% 3 7 4 Consider the economic model: Yt Ct + it Ct myt-1 act-1 where y is GDP, c is consumption, i is investment, m and a are multipliers. (i) Write down a difference equation for y (ii) Find the condition under which the steady state exists, and find the steady state solution (iii) Find the condition under which the system converges to the steady state (iv) Find the condition under which y will show sinusoidal (cyclical) pattern (This occurs when the roots of the characteristic equation are complex "6²-4ac < 0") ERMT Problem Paper 01 28°C Light rain || || 3 hp
- Hi please assist with this 1.3 questions 1.3-1.5.South Africa’s economy grew by 1.1% in the first quarter of the yearStats SA has published the latest gross domestic product (GDP) data covering the first quarter of the year, showing that the economy grew by 1.1% in the first three months of 2021.The growth follows a revised 1.4% rise in real GDP in the fourth quarter of 2020. On an annualised basis, the economy grew 4.6% quarter-on-quarter.Following confusion caused by the annualisation of GDP data in 2020 – amid the Covid-19 pandemic and resulting lockdowns – Stats SA said it would no longer use the annualised data as the headline GDP statistic.During periods of steady economic growth, annualising is a useful way of expressing quarter-on-quarter performance in annual terms, Stats SA said. However, during periods of economic instability, annualising can be misleading, because it exaggerates growth rates that are unlikely to be repeated.The central problem that is evident in the above…Explain the importance of macroeconomics in an economyUse the following graph to answer the next two questions. 350 300- 250 200 150 100- 50 Real GDP 04 0 An function. 100 in O increase; capital increase; output O advance; technology O increase; depreciation increase; investment 200 300 400 500 Capital 600 would cause an upward shift of the production
