Friday
July 11, 2014

Homework Help: ECON-HELP!!

Posted by greg on Sunday, October 21, 2007 at 5:34pm.

1. In the Country of Wiknam, the velocity of money is constant. Real GDP grows by 5 percent per year, the money stock grows by 14 percent per year, and the nominal interest rate is 11 percent. What is the real interest rate?


2. The goverment raises taxes by $100 billion. If the marginal propensity to consume is 0.6, what happens to the following? Do they rise or fall? By what amounts?

a. Public saving

b. Private saving

c. National saving

d. Investment

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

ECON--HELP!?!?! - 1. In the Country of Wiknam, the velocity of money is constant...
ECON - CAN ANYONE PLEASE HELP// 1. In the Country of Wiknam, the velocity of ...
econ-HELP! - CAN ANYONE PLEASE HELP// 1. In the Country of Wiknam, the velocity...
ECON-can anyone help - CAN ANYONE PLEASE HELP// 1. In the Country of Wiknam, the...
ECON--HELP!!! - I am at work and am sending this on my cell phone.. BEFORE MY ...
Macroeconomics - The money supply in Freedonia is $200 billion. Nominal GDP is $...
Macroeconomics - suppose that this year's money supply is $500b, nominal gdp is...
Economic - All of the following refer to the Economy of Ecoland: - GDP in 1990 ...
Econ - The nominal interest rate is 12 percent per year in Canada and 8 percent ...
Finance - Faulkner Corporation expects to pay an end-of-year dividend, D1, of $1...

Search
Members