Suppose you heard on the news that the three sectors of a closed economy are all spending more but, so far, there has been little to no change in the price level." What is the macroeconomics in this situation?

Q: Briefly explain what a change in any part of the national saving and investment identity points out.

A:

Q: The figure shows the flows of income and expenditure in an economy. FINANCIAL MARKETS In 2008, Q was…

A: Solution -1)  We know,  Q = U + W + Z + Investments $1200 = $200 + $650 + $80 + Investment $1200 =…

Q: Which of the following explains why China has received relatively high levels of FDI?      A) All…

A: A foreign direct investment (FDI) is a financial investment made by a company or individual from one…

Q: What is an example of federal investment? a. Federal reserve monetary policy, specifically selling…

A: Federal investment  It's the fraction of federal spending that is designed to provide long term…

Q: Consider the following table showing the breakdown of GDP (in billions) for China. GDP Category…

A: Net exports can be defined as the total amount of trade that a country is doing with its…

Q: The following data is from the economy of Middle Earth. Household saving is $30 Consumption is $60…

A: National saving is the portion of GDP( gross domestic product ) which is saved instead of being…

Q: Consider the following table showing the breakdown of GDP (in billions) for China. GDP Category…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Tom says the economy should focus more on producing fun things people can buy if it is going to…

A: Answer: In my point of view, Tom is right because when economic growth is in question, then…

Q: Briefly explain the classical view of labor market with diagram.

A: The labor market shows the interaction between labor demand and labor supply in the labor market.…

Q: What are the three important macroeconomic goals about which most economists, and society at large,…

A: Macroeconomics: It relates to the whole economy.

Q: Change in the financial market of an economy will affect the global economy. Briefly discuss.

A: Financial market refers to the place where savers and investors interact with each other to exchange…

Q: Which of the following equation represents GDP measured by the components of demand Group of answer…

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: Assume a country would like to increase investment by limiting consumption.  What would be the point…

A: If a country increases investment by limiting consumption then the aggregate demand will increase.…

Q: Leroy is considering setting up a large IT business to produce website for companies in Jamaica. He…

A: Economies of scales is referred as the benefit the producers achieve in terms of cost of production…

Q: Briefly discuss the macroeconomic benefits of a highly educated and skilled work force and then…

A: Highly educated and skilled workforce are highly beneficial for an economy. an informed and skilled…

Q: Refer to the above table.  Between years 1 and 2, real GDP grew by __________ percent in Alta:…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: What happens to the level of net exports in an economy when income in that economy increases? What…

A: Net exports is the difference between the value of exports and imports.

Q: Government sometimes intervene to stabilize the economy. As such, briefly explain why the Bangko…

A: It can be seen that the government plays a significant role in stimulating the economy by changing…

Q: Suppose the government of a typical developing country increased the salary of civil servants at a…

A: AD is negatively sloped while SRAS is positively sloped. The intersection between these gives the…

Q: Briefly discuss the role the State plays as adviser in the labour relationship

A: State: It is characterized as an area with its own administration and boundaries inside a bigger…

Q: What is the impact of the work of the FOMC on the current economic environment?

A: * ANSWER :-  (1)

Q: Suppose we have an economy where C = $30 Billion, I = $50 Billion, G = $20 Billion, Imports = $2…

A: a. The balance of trade or the trade balance is the difference between the value of exports and the…

Q: Given the model for the Mary Island economy calculate the equilibrium level of income.  C = 100 +…

A: Given,

Q: What happens in a private closed economy when aggregate expenditures exceed GDP?  a. GDP will…

A: In a closed economy with no government GDP is given by, Y=C+I

Q: People sometimes argue that imports should be limited by government policy. Suppose a government…

A: Import Quotas: Import quotas are the trade limits on the physical quantity of a commodity that can…

Q: In the Independent Reading's review of the Great Depression, we read that during the Great…

A: Tax is the amount charged on the income earned by the individual, business, or organization.

Q: The following table shows prices and quantities in the hypothetical economy of Lowlands for two…

A: Here, the given table provides information about the price and output produced in a two-time economy…

Q: Which of the following situations represent saving?

A: Savings is the money left after all the consumption expenditure. It can be deposit in various types…

Q: In the long run, what happens to consumption, investment, and the interest rate when the government…

A: Meaning of Closed Economy: The term closed economy as from the term remains closed from all other…

Q: consider the following hypothetical economy. The economy is closed, meaning the economy neither…

A: The investment in the economy refers to the stock of all the assets or cash accumulated and stored…

Q: Suppose that the table below shows an economy's relationship between real output and the inputs…

A: Given input and real output of the economy Productivity = Real output / inputs

Q: Now assume, the parliament passed a tax reform aimed at making investment more attractive—for…

A: The model of the loanable funds market is used to determine the equilibrium interest rate and the…

Q: Suppose the savings rate (s) in the economy is 30%, GDP is $1,000, and investment can be expressed…

A: Answer: Given, Saving rate= 30% or 0.3 Investment function; I=sYWhere Y is GDP.and s is saving rate…

Q: Consider country A, which is a closed economy. Suppose that A’s private saving is 280 and investment…

A: As per the information given in question, in country A saving and investment identity is : private…

Q: Keynes notes that when looking at aggregate demand (AD), there are two factors that can cause shifts…

A: Aggregate demand refers to the sum total amount of goods and services consumers are able to buy in a…

Q: Briefly analyse the difference between a closed economy and an open economy.

A: Economy refers to the state of production, consumption, distribution of goods and services, and the…

Q: Briefly discuss the costs of unemployment

A: Unemployment arises in social science once individuals square measure idle whereas actively trying…

Q: How much more output does the $20 trillion U.S economy produce when GDP increases by 1.0 percent?

A: Output – it the total amount of commodities or services produced in a particular time period.…

Q: If South Africa were to discover a plentiful supply of cheap oil, this would: Select one: A. move…

A: AD shows the different levels of price and quantity that buyers are ready to offer. AS shows the…

Q: briefly discuss break even investment

A: Break even point refers to the point where investment starts making positive return.

Q: What is the relationship in the growth rate of output and government spending in the graph?

A: The relationship between the growth output and the government spending is such that a shock to the…

Q: What are the central problems of an economy

A: Human wants are unlimited whereas the resources that are required to satisfy the human wants are…

Q: In your opinion what are the other FIVE (5) external factors that can determine the recovery shape…

A: An economy can recover from a recessionary state in a number of ways such as a U-shaped recovery…

Q: If an economy is not expanding and the economy is therefore suffering from high unemployment, then…

A: When an economy is not expanding and is suffering from high unemployment, the economy is in threat…

Q: Define private saving, public saving and national saving. How are they related?

A: Savings is the income which is not spent on the consumption and saved for future consumption.

Q: If the central bank of every economy in the world lowers its interest rate, will economic activity…

A: Interest rate: It is the amount that is charged as a percentage of the principal to a borrower by a…

Q: "Do you think that the COVID-19 has a Microeconomic impact on the US Economy"?  If yes or no,…

A: Microeconomics is the study of individual things. For example, microeconomics studies about the…