Question
Consider an economy described by the following
equations:  C = 100 + 0.6 ∗ (Y − T) (consumption function)  I = 200 − 1000 ∗ r (investment function)  G = T = 100 (government purchase and tax) where Y is the national income and r is the interest rate. Suppose the government purchase G is raised from 100 to 150, how much will this shift the IS curve to the right?ÂSolution
Delta Y = Delta G times multiplier
This will shift the IS curve to the right by
50 / (1 − 0.6) = 125.
As per Union Budget 2023-24, how many centres of excellence for Artificial Intelligence will be set-up in top educational institutions?
K Satyanarayana Raju has been appointed as Managing Director and CEO of which Bank?
In a significant development, India is believed to have placed a funding request of around_____Â in its first call with the Pandemic Fund of the World ...
Brand Finance has come with Brand Finance 2022 Global 500 report. As per the report, ________ has retained its position as the most valuable brand in 2022.
Which of the following is NOT part of the IIT-Delhi Abu Dhabi collaboration launched in 2024?
India and which of the following country signed a MoU on cultural cooperation signed for five years?
How much amount has been disbursed to the the insured farmers under PMFBY as per the information provided by the Ministry of Agriculture and Farmers’ ...
What is the name of the strategic roadmap launched between India and the UK in 2025?
Which of the following states does not share a border with Bihar?
American private equity firm Carlyle will sell a ________ stake in e-commerce logistics company Delhivery which will fetch as much as ₹709.5 crore.
