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Answer in Macroeconomics for Hafsa #197979

Suppose the following demand and supply function: Qd = 750 – 25P Qs = -300 + 20 P       i.         Find the equilibrium price and quantity     ii.         Find consumer and producer surplus (i)“Qd=Qs” “750-25p=-300+20p” “750+300=20p+25p” “1050=45p” “p=23.33” “Q=750-25(23.33)” “=750-583.25” “Q=166.75” (ii) consumer/producer surplus“=\frac{1}{2}\times…

Answer in Macroeconomics for Zalikha #198035

c) In a new diagram, show the situation of property overhang as mentioned in paragraph 3 in the article. Also show how efforts by developers to limit units offered may avoid future overhang. “Solution” Property overhang, shows the units build…

Answer in Macroeconomics for Ishika Sinha #198660

Suggest measures to improve gross fiscal deficit Solution: Gross fiscal deficit refers to the excess of total expenditure inclusive of loans net of recovery over revenue receipts, including external grants and non-debt capital receipts. The government can improve the gross…

Answer in Macroeconomics for Diana #198497

Use a demand and supply diagrams of a rand in terms of dollar to illustrate the following (20)   i.                   The decrease in supply for a rand (10) ii.                 An increase in supply for a rand (10)   Hint: Put price of…

Answer in Macroeconomics for Atul Kumar #198482

From the data given below, Calculate the Net Domestic Product at Factor Cost using (a) Income Method & (b) Expenditure Method – Particulars Rs. in Billion (i) Sales 19200 (ii) Increase in stock 4160 (iii) Intermediate Consumption 4740 (iv) Depreciation…

Answer in Macroeconomics for eddy #198418

(a) If year 2 is the base year, give the price index for year 3.                  (b) Give the nominal GDP for year 4. $120                  (c) What is the real GDP for year 4?                  (d) Tell which years you would deflate…

Answer in Macroeconomics for Anisha Kumar #198245

In no more than 400 words, explain the impact of COVID19 crisis on any economy of the Pacific (of your choice). Discuss specifically its impact on GDP, trade, inflation, employment and business activity. Supplement with the relevant national statistics, where…