1. Which of the following variables represents first period household consumption? а. b. a2 с. С1 d. 2 3. If the household can borrow and lend, an increase in causes which of the following to decrease? а. b. С2 a2 с. d. all of the above 4. If the household is credit-constrained, an increase in 2 causes which of the following to increase? а. b. С2 a2 с. d. none of the above 5. Suppose a household can borrow and lend in a perfectly competitive credit market. Assume = 0.2 and '2 = 0.10. The value for the optimal choice of "2 when 1 = 10 and 2 = 0 is а. 1.67
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- dit View History Bookmarks Window Help 99% C4 ezto.mheducation.com Assignments: Introduction to Macroeconomics [.. Question 1- Assignment 4 from Chapter 6 - Co... Nike.com Checkout ent 4 from Chapter 6 i Saved Help Sav Government survey takers determine that typical family expenditures each month in the year designated as the base year are as follows: · 25 pizzas, $10 each Apartment rent, $600 per month Gasoline and car maintenance, $100 per month 16 Phone service (basic service plus 10 long-distance calls), $50 per month In the year following the base year, the survey takers determine that pizzas have risen to $11 each, apartment rent is $700, gasoline and maintenance costs are $120, and phone service has dropped in price to $40. Instructions: Enter your responses by rounding the CPI to three decimal places and the rate of inflation to one decimal place. a. Find the CPI in the subsequent year and the rate of inflation between the base year and the subsequent year. CPI: Rate of…Suppose a closed economy has a national income of $260 milion. $535 midon in private savings, $200 millon worth of tax evenue, and $150 milion in govemment spenting what is the consumprion expenditure in this economy? Os125 milion Os155 milion OS385 mition Ossa5 milion OS645 milionстор 0 The goverment report that (GDP) Increased by 1.6 6 1.6 percent in the last quater. This statement means that GOP Increased @by 6.4 percent for the year (6) rate of 6.4 percent 1 at an annual rate of 6.4 during last quater Ⓒ) at an annual rate of 1.6 during the las quater d at an annual rate of 4 4 percent during the last quater.
- 1. Referring to the figures below, 1.0 gdp-gth 80 BPERMITS-YOY 0.8 60 0.6 - 0.4 40 0.2 20 0.0 -0.2 -20- -0.4 -0.6 -40 rel. vol. = 9.4 --0.8 -60 -1.0 1970 2000 2010 1960 1980 1990 2020 -8 -6 -4 -2 2 4 6. 8. TIME (year) LAG (quarters) Source: FRED/BEA characterize the relationship between the growth rate of GDP and the growth rate of building permits (BPERMITS-YoY) in terms of the following items: • Timing. • Direction. • Volatility. Include a brief description of each item in this list in your characterization. RATE (%/year) CROSS CORRELATIONHow is interest rate calculated when using intertemporal consumption between two periods. Can a formula be provided, please? Subject area intertemporal consumption (microeconomics) For reference : Income 1 Income 2 Consumption 1 Consumption 2 (How is the interest rate calculated if given the figures for Income 1, Income 2, Consumption 1 and Consunpmtion 2 . Please explainThe seasonally adjusted data below depict the performance of the economy of the United States in five quarters of 1953-1954. Year/Quarter 1953/Q4 1954/Q1 1954/02 1954/Q3 1954/04 Select one: OA. 1953/04. Annual Percent Change Nominal GDP OB. 1954/01 O C. 1954/02. O D. 1954/03. QE. 1954/04. -5.2 -0.6 0.8 5.1 9.2 Real GDP in the United States was lowest in which of the following quarters? Annual Percent Change Real GDP -5.9 -1.9 0.4 4.6 8.1
- B. (1.Ö) 2020-2021 Bahar Soru 19 If nominal GDP in a country is $1000 and real GDP is $800, what is GDP deflator? Henüz cevaplanmadı O a. 115 5,00 üzerinden işaretlenmiş O b. 125 P Soruyu işaretle O c. 135 Önceki sayfaSuppose that an economy consists of only two individuals. Jeremy has $1050 available to spend on goods. He decides to purchase $710 worth of produce from Michele in the current quarter. No other economic activity takes place during the current quarter. Using this information, answer the questions. For the current quarter, what is the economy's income? For the current quarter, what is the economy's expenditure? 8:53 PM 10/13/2020 9. F9 F12 PrtScr Insert Delete F11 F6 L EZ '/ F8 F10 15 %24 %24Based on the information presented below, what is the equation representing the saving for this economy? GDP (Y) $0 100 200 300 Cunsumption (C) $60 120 180 240 Oa. S = -60 + 0.6Y O b. S = 60+ 0.4Y O c. S = -40 +0.75Y O d. S= -60+ 0.4Y Saving (S) S-60 -20 20 60 Investment (1) $100 100 100 100
- The supply of loanable funds has a slope because the grea the quantity of loanable funds supplied. Onegative; lesser; greater Opositive; lesser, lesser Opositive; greater; greater Opositive; greater; lesserWhat is the definition of National Savings? Check all that apply. Due July 17th by 10pm. Anonymous results will be published after you answer National income - Taxes - Consumption - Investment National Income - Consumption - Governm Private Savings + Public (government) savings ONational Income - Taxes - Consumption Which of the following statements is true regarding firm's investment decision? Check all that apply. Due July 17th by 10pm. MPKI is the marginal product of future capital Kt is the optimal capital stock (future) Ainne ns wite he ahr Dittietkep neeng pt ghem tof ate a ram ot en hong he tmal et As leng es MTa g an er os prtn canneonte When us ar g th MIwr y m i p n t Which of the following is true regarding shocks to capital stock? Check all that apply Due July 17th by 10pm. MPKI is the marginal product of future capital KE is the optimal capital stock (future) Aymoun resuts w epuhet h y er Foowinga fema aeaptalck the utionfghe e tyof el At es fmsstentimoneinital ce theodses…Table 6.3 SINlions DO out of Compensation of employees Proprietors' income Corporate protit Net interest Rental income Deprecation Indirect taes 475 60 40 25 10 70 40 Direct taxes Subsidies Payments of tactor income to the rest of the world Receipts of factor income from the rest of the world 80 15 20. 15 Refer to Table 6.3. The value of disposable Income in billons of dollars Select one: a. cannot be calculated given the information in Table ó.3. b. Is 505. c is 560. d. is 605.