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Discuss 6 questions for Marcoeconomic,such as: real GDP, MPI, MPS, PPP, and so on. Also provied some graphs, tables, and references for the essay.
(a)Given the following information, calculate the level of real GDP that results in spending balance in the economy (T is taxes or tax revenue).
C = 100 + 0.7 (Y - T)
I = 100
G = 200
T = 200
X = 50 - 0.1Y
Real GDP = C + I + G + X = Y
= 100 + 0.7 (Y-200) + 100 + 200 + 50 - 0.1Y
Y= 310 - 0.6Y
0.6Y = 310
1) What is the MPC in this example? What is the MPS? What is the MPI? How does the MPI affect the slope of the AE line, compared with the same model without imports or exports?
In order to find the MPC in this case, we constructed a table between GPD and Consumption and…
- Briefly outline some of the main models of oligopoly in which firms compete according to output. Hence, discuss the contention that non-collusion is the inevitable outcome of oligopoly.
- Critically evaluate and discuss the advantages and disadvantages of Customer Boycotts. Compare and contrast two consumer boycotts and discuss appropriate microeconomic theoretical models.
- Discuss 6 questions for Marcoeconomic,such as: real GDP, MPI, MPS, PPP, and so on. Also provied some graphs, tables, and references for the essay.
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