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?Solution
Delta Y = Delta G times multiplier
This will shift the IS curve to the right by
50 / (1 − 0.6) = 125.
What is the full form of EDI in computer?
Which of the following is the first step in the boot process of a computer?
Shortcut Key for Multiple Tab -
Which iconic computer introduced the first widely adopted GUI in 1984?
Information, a combination of graphics, text, sound, video and animation is called:
A_________ is a component of motherboard which absorbs the heat produced by the processor and other components of a computer?
A lever used to control the movement of a cursor on a video screen is
What is the full form of CMOS?
To move to the beginning of a line of text, press ______ key.
What does Router do in a network?