Macroeconomics questions and answers in April 2021

Use the graph to answer the question that follows. Suppose the demand for beef in the market changed due to a sudden increase in chickens affected by bird flu in the country. Which point on the graph ...
Use the graph to answer the question that follows. The graph for a competitive output market shows demand shifting from D to D′ and supply shifting from S to S′. Which pair of events is consistent...
Use the graph to answer the question that follows. If the graph above represents the loanable funds market (of dollars) in the United States, what will be the impact in the foreign exchange market fro...
Use the graph to answer the question that follows. On the accompanying graph, aggregate demand changes from AD to AD′. Which of the following is a likely explanation? A. An increase in personal inco...
During the prior year, the nominal interest rate was 10% while borrowers received a real return of 3%. What must have been the rate of inflation during that time period? A. 3% B. 7% C. 10% D. 13% E. C...
Which of the following negatively affects the government's expenditure on various future obligations? A. A surplus in the government revenue B. Inflation in the economy C. Lags in government policies ...
Big changes can happen to wealth distribution. In the twentieth century those were WWII and the Reagan presidency. Both profoundly changed wealth distribution. Below we have an economy undergoing such...
At 40($ billion) your economy is in recession so you stimulate AD1 to AD2 and, to make sure, you do so again from AD2 to AD3. Complete the three scenarios below.  1. At GDP 40 your price level is__ 2...
2 According to the Permanent Income Hypothesis, how will the paths of borrowing and consumption change in response to: (i) A temporary decrease in income  (ii) A permanent decrease in income  (iii) ...
(i) Explain the central bank's loss function and how are the central bank's preferences reflected in the loss function? (ii) Assuming 𝛼 = 𝛽 = 1 in the Loss function and the Phillips curve, deriv...
Which of the following would reduce the money supply? Multiple Choice Chartered banks loan out excess reserves. Chartered banks use excess reserves to buy government bonds from the public. A cheque cl...
For each prompt below, carefully and thoroughly follow the directions. For the graphs, be certain to accurately label all axes, curves, and points as appropriate. Use arrows to indicate the direction ...
Please answer the question below, and no explanation is needed. Just list what you think (T/F) according to the order of questions. Suppose that the inflation rate in Canada is close to 1%, Given the ...
Please briefly explain how you calculate it. The following table shows a money supply M2++ in billions of dollars, a real GDP in billions of dollars of 201 2 and a GDP deflator base 100 = 2012 in Cana...
Please have a look of the question below. If possible, please briefly explain why you select those options. 3. Select all policies that the Canadian government has implemented at least once since 1867...
Please have a look of this question below. If possible, please briefly explain why you choose those options. 2. Suppose Canada falls suddenly into a recession. Select all fiscal policies that are like...
 (i) Explain the economic intuition behind the upward sloping wage-setting curve in the real wage and employment space? [3] (ii) Assume that the economy initially at the WS-PS equilibrium. What happe...
Takeover bid to acquire a part or all shares in another company can be:  Select one: a. Hostile takeover only. b. Friendly merger only. c. Acquisition of an asset, a subsidiary or of the whole entity...
QUESTION 1 The interest rate effect states that recessions _ spending as well as prices causing interest to _, which makes lending _. decrease, decrease, easier increase, increase, harder decrease, de...
ECO 103 Ch.10&11 Self-adj or Instability & Fiscal Policy ANSWERS FOR THE CHOICES NO NEED FOR EXPLAINATION. THANKYOU QUESTION 1 New government purchases of +600 causes cumulative spending in ...
Forum: Ch.10&11 Disc: Self-Adj or Instability, Fiscal Policy   ECO 103 DISCUSSION JUST ANSWERS NO EXPLAINATION NEEDED: 1. A left-wing peace-loving president takes office and slashes defense spend...
explain whether the given statement is true, false or uncertain. Start your answer by selecting one of the options - "True", "False" or "Uncertain" and then provide arguments to justify your selection...
1)The goal of any economy is to reach potential where LRAS is located and for this economy is at ___GDPr.  2)AD' and AS' reach an equilibrium at GDPr ___ and Ps ___ and since this GDPr is less/more (...
Question 1: Autonomous consumption for above economy is : MPC is:   and MPS is: QUESTION 2: Short-run equilibrium is at : QUESTION 3: When consumption is 15, income is : QUESTION 4: When consumptio...