Using the five sector model, give ONE example of an injection into the economy FOR EACH the following economic actors: households, financial intermediaries, and government.
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- The long run macroeconomic performance of an economy can be reflectedfrom the changes of her major macroeconomic indicators. With appropriateinterpretations of the changes to these indicators, one can identify the inherentstructural features of an economy, and hence, identify her strengths andweaknesses. In about 250 words, write a short essay on ONE economy from the list below:i. Singapore;ii. The United Kingdom;iii. The United States.In your essay, describe the changes of major macroeconomic indicators fromthe last decade. Using them to illustrate major structural features of the choseneconomy. Based on the above, identify ONE inherent problem implied bythese structural features that might limit her macroeconomic performance inthe long run. Suggest ONE practical government policy in dealing with thisinherent problem.Early during the COVID-19 pandemic, the government used multiple stimulus packages to increase government spending. 3. Using the Z-Y, NX-Y, IS-LM, UIP combined graph on the next page, what should be happening as a result? Show the shifts on the graph itself. NN Z Z NN Y=Z Z c0- if f UI i pvt L M c1T+I+G+NX i10 y 45° if f if NK N Y Y f 0 Y X Y 0 Y 0 Y 20 NX N X E 0 E Y NX Fiscal stimulusSuppose we extend the circular flow model to add imports and exports. Copy the circular flow diagram onto a sheet of paper and then add a foreign county as a third agent. Draw a rough sketch of the flows of imports, exports, and the payment for each on your diagram.
- The table below is the multiplier matrix of the 4 sector economic model. Exogenous Variables G* T* AND C T Even. YD M B AS S A 1.163 0.817 0.311 1.73 0.311 0.311 - 0.311 0.222 I* 1.163 0.817 0.311 1.73 0.311 0.311 - 0.311 0.222 1.163 0.875 0.311 1.73 0.311 -0.655 -0.311 0.222 - 1.094 -0.815 0.781 -1.875 -0.219 0.781 0.219 - 0.563 X* 1.163 0.815 0.311 1.25 0.311 0.311 0.547 0.222 a. Calculate the change of each endogenous variable value of the effect of AG* = 160 M* - 1.163 - 1.393 - 0.311 - 1.25 0.655 - 0.311 - 0.547 - 0.222 b. Calculate the net change in each value of the endogenous variable as a result of the simultaneous change, AX* = 200 and AM* = -150 c. AT* = 250; By how much does the government need to change G* so that the net effect of these 2 shocks (AT* = -250 and AG* which you calculated) so that AB = 0? d. Calculate the net change in each value of the endogenous variable as a result of the 2 shocks occurring in (c).How do i trace this scenario on the circlar flow model, firms inventories unexpectedely rise?La asignación de los recursos, de forma tal que se satisfagan las necesidades de la sociedad de la mejor manera posible, constituye: Grupo de opciones de respuesta a) El principio de equidad en la sociedad. b) Los problemas centrales del qué, cómo y para quién de la organización económica. c) El problema del para quién en la economía. d) La Frontera de Posibilidades de Producción.
- Microsoft Word - (2)p macro HW 1 B AaBbCc AaBbCAaBbCcDc AaBbCcDc 2 ulgi 1 ülaue blout Production Year 1 Good X 50 Good Y 100 Prices ear! $1.20 S0.60 Year 2 Year 3 Year 1 $1.00 S0.60 Year3 S1.20 50 60 140 120 1-Assume that this economy produces onlytwo goods Good Xand Good Y. The value for this economy's nominal GDP in year lis 2- Assume that this economy produces only two goods Good l'and Good Y The value for this economy'snominal GDP in year 3 is 3-Assume that this economy produces only two goods Good l'and Good Y The value for this economy s nominal GDP in yea 4-Assume that this econonmy produces onlyt 1 is the base year. the value for this economy sre land Good Y If year 5-Assume that this economy produces only two goods Good land Good Y If year 1 is the base vear. the value for this economy's GDP deflator in vear 1 is 6- Assume that this economy produces only two goods Good.I and Good Y If year 1 is the base year. the value for this economy's GDP deflator in year 2 is 7- Assume…Hello, I need help with the following macroeconomics questions. Thank you in advance! It states to answer the followint in your own words and using the graph attached below: 1. How many recessions did the US economy experience between 1929 and 2020 2. What were the four longest recessions between 1929 and 2019? (Notice I don’t askfor 2020 since it’s not available in the textbook when it ended). 3. What were the three deepest recessions between 1929 and 2019? That is, duringwhich three recessions was the decline in real GDP biggest from peak to through?The following diagram presents a circular-flow model of a simple economy. The outer set of arrows (shown in green) shows the flow of dollars, and the inner set of arrows (shown in red) shows the associated flow of inputs and outputs. Firms Markets for Goods and Services Markets for Factors of Production Households Which of the following statements regarding this economic model are true? O While simple, the circular-flow diagram can still be useful for the purposes of modeling how dollars and resources move throughout an economy. O Because it does not take into account international trade, the circular-flow diagram is useless for the purposes of modeling how dollars and resources move throughout an economy. O Because, in reality, the economy is very large, the simplicity of the circular-flow diagram makes it useless for the purposes of modeling how dollars and resources move throughout an economy. O Because it does not take into account the role of government, the circular-flow diagram…
- What is the relationship between economic prosperity and democracy? O The probability that a new democracy is stabile is higher in more prosperous countries Economies in democratic states grow more rapidly than economies in non-democracies O The probably that a democracy is overthrown in a coup increases as prosperity goes up Authoritarian regimes are less dependent on economic prosperity for their survival than democracies16. The input-output table for a two-sector economy is given as follows: Input to sector AlInput sector B|Final Demand|Total Output Output from Sector A 200 50 50 Output from Sector B Other inputs Total Input 100 400 100 150 i. What is the basic assumption underlying the input- output model. ii. Use the basic assumption of the input-output model to complete the above denoted by?). iii. Write the matrix of technical coefficients. iv. Calculate the total output required from each sector when final demand increases by 20%. table (fill- entriesI need you to solve this question as soon as possible Suppose that Parliament increases taxes to pay more social benefits to elderlypeople. Assume that the increases will last for one year only. a. How do you suppose this change would affect the economy? Does your answer depend on whether generations are altruisticallylinked?
