If c=R20 billion, I=R30 billion, g=R25 billion, x=R15 billion, z=R12 billion, c=0,75 the value of the multiplier is?

/in /by

If c=R20 billion, I=R30 billion, g=R25 billion, x=R15 billion, z=R12 billion, c=0,75 the value of the multiplier is?

You might also like
State whether the Statement is TRUE or FALSE. Also write the reason (Without reason your answer will not accepted) a) If value of cross price elasticity is positive then it means there are less close substitutes are available of that product. b) In case of luxury products, the own price elasticity of demand is greater than one. c) If salaries of journalist go up then demand curve of newspaper will shift upward d) When price elasticity of supply is greater than one it means supply curve is flatter.
Explain why the marginal rate of substitution of one good for another should decline as more of the good is consumed?
Between 2011 and 2016, UK unemployment fell from a high of 8.5% to 4.8%. Some argue that Government attempts to reduce unemployment inevitably lead to trade-offs with other macroeconomic policy objectives. 1. Explain how government policies can reduce the natural rate of unemployment. 2. Discuss the view that falling unemployment will inevitably lead to trade-offs with other macroeconomic policy objectives.
Suppose that the utility function for two commodities is: U (q1, q2) = q1α q2(1-α) Let the prices of the two commodities be p1 and p2 and let the consumer’s income be M. (1) Check the properties of marginal utilities. In particular, check whether it satisfies diminishing marginal utilities. (2) Assuming all income is spent on these two commodities, derive the demand curves for the two commodities. (3) What happens if U (q1, q2) = q1α q2β?
Explain cost-benefit analysis
Maximize U(x,y)=xy subjected to Px=2, Py=8 and M=160
Which of the following best describes the labor market from the perspective of a single firm in a perfectly-competitive labor market? Unit-elastic supply and demand for labor Perfectly inelastic supply of labor and downward sloping demand for labor Perfectly elastic supply and demand for labor Perfectly inelastic supply and demand for labor Perfectly elastic supply of labor and downward sloping demand for labor
Market systems may not allocate resources efficiently for many reasons. Governments intervene in order to correct such market failures. Imposition of price controls is one of such interventions. Using relevant diagrams, discuss the use of (i) maximum prices, and (ii) minimum price controls in the markets and the consequences of each approach to the market and the society.