Consider country G, which is a closed economy. Suppose that G’s investment is 200, disposable income is 900 and the consumption 650. Answer G’s public saving and if government spending G is more than, less than or equal to the tax T. what is the public saving?: G (more than, less than or equal to the tax T)?:
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Consider country G, which is a closed economy. Suppose that G’s investment is 200, disposable income
is 900 and the consumption 650. Answer G’s
than or equal to the tax T.
what is the public saving?:
G (more than, less than or equal to the tax T)?:
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- You are given the following information about a closed economy with no government:Consumption = 445 + 0.75Y Investment = 250 Calculate the value of the multiplierIf national income Y = 10,500, disposable income Yd = 8,500 , consumption is C = 8,000, transfer payments TR = 150 and the budget deficit is BD = 200, what is the level of private domestic investment, I ? (please insert the round number without the Euro symbol)Explain in your own words, how you believe a reduction in the General Consumption Tax (GCT) rate can positively and/or negatively impact the Jamaican economy.
- Hi, please help me with the following questions Suppose the government buys up all of the farmers' output at the floor price and then sells the output to consumers at whatever price it can get. Under this scheme, what is the price at which the government will be able to sell off all of the output it had purchased from farmers? What is the revenue received from the government's sale? In this problem we have considered two government schemes: A price floor is established and the government purchases any excess output and The government buys all the farmers' output at the floor price and resells at whatever price it can get. Which scheme will taxpayers prefer?Suppose the Australian government has announced tax cuts for the business sector. Using the loanable funds model, explain how this will impact the supply of and demand for loanable funds and the interest rate in Australia.Use the following terms for this question: C = Consumption. I = Capital investment spending. G = Government spending. X = Exports of goods and services. M = Imports of goods and services. BOP = Balance of Payments. GDP = Gross Domestic Product. NPV = Net Present Value. INF = Inflation. R = Real rate of return. The static equation for a country’s GDP is: A. GDP = C + I + G + X – M - (R – INF). B. GDP = C + I + G + X + M. C. GDP = C + I + G + X – M. D. GDP = C + I + X - M + R – INF.
- What are the important key points of income taxes PAS 12, Earning Per Share PAS 33 and Reporting in hyperinflationary economy?"Tax evasion and tax avoidance costs in UK government £34 billion a year" a) In the light of the above statement, explain the terms tax evasion and tax avoidance? b) Discuss the measures that the UK government are taking to migrate tax avoidance and tax evasion?Assume the government introduces a lump-sum tax on each firm within a perfectly competitive industry. Which of the following will be true after the introduction of this tax? a. Consumer prices will increase b. There will be no change in any firm’s level of profits c. A deadweight efficiency loss will occur d. There will be no change in the market quantity of output
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