神马作文网有人帮我做英文宏观经济学macroeconomic的作业吗?
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有人帮我做英文宏观经济学macroeconomic的作业吗?
Assessment rationale
This assignment is designed to:
• allow you to demonstrate your understanding and knowledge of the subject in very specific and clear ways;
• assist you to use your numerical skills in analysing the practical macroeconomic issues.
Assessment criteria
• Correctness of the answers.
• Must provide steps of calculations - just providing the final answer will not be enough.
• Conceptual clarity,as reflected in the estimation process.
Question 1
In working with the consumption function and the investment demand schedule,we need to distinguish between shifts of and movements along these schedules.
(a) Define carefully those factors that would result in both curves changes that would lead to shifts of and movements along the schedules.
(b) For the following,explain whether they are shifts of or movements along the consumption function:increase in disposable income,decrease in wealth,fall in stock price.
(c) For the following,explain whether they are shifts of or movements along the investment demand curve:expectation of a decline in output next year,rise of interest rates,increase in taxes on profit.
Question 2
‘Homeland’ is a small economy.Following set of equations summarises its national economy.All the variables are measured in millions of ‘HL’ dollars.
C = 80 + 0.80Y
I = 500
G = 300
AE = C + I + G
Be certain to write down all of your calculations when answering the following questions.
(a) Write down the equation for aggregate expenditure in terms of income(Y).
(b) Calculate the equilibrium level of GDP and household consumption.
(c) What is the value of the simple multiplier?
(d) If the marginal propensity to consume (MPC) were to drop down to 0.60,by how much will equilibrium GDP change?
(e) Illustrate the above change in GDP using the EXCEL graph.
Question 3
Explain verbally and show in diagram why the aggregate demand curve is down-sloping.
Question 4
Use the aggregate demand–aggregate supply model to explain why government might use fiscal policy to stabilize the economy?Why would fiscal policy be effective where the economy is relatively distant from potential output but not in an economy where aggregate supply curve is steep?
Assessment rationale
This assignment is designed to:
• allow you to demonstrate your understanding and knowledge of the subject in very specific and clear ways;
• assist you to use your numerical skills in analysing the practical macroeconomic issues.
Assessment criteria
• Correctness of the answers.
• Must provide steps of calculations - just providing the final answer will not be enough.
• Conceptual clarity,as reflected in the estimation process.
Question 1
In working with the consumption function and the investment demand schedule,we need to distinguish between shifts of and movements along these schedules.
(a) Define carefully those factors that would result in both curves changes that would lead to shifts of and movements along the schedules.
(b) For the following,explain whether they are shifts of or movements along the consumption function:increase in disposable income,decrease in wealth,fall in stock price.
(c) For the following,explain whether they are shifts of or movements along the investment demand curve:expectation of a decline in output next year,rise of interest rates,increase in taxes on profit.
Question 2
‘Homeland’ is a small economy.Following set of equations summarises its national economy.All the variables are measured in millions of ‘HL’ dollars.
C = 80 + 0.80Y
I = 500
G = 300
AE = C + I + G
Be certain to write down all of your calculations when answering the following questions.
(a) Write down the equation for aggregate expenditure in terms of income(Y).
(b) Calculate the equilibrium level of GDP and household consumption.
(c) What is the value of the simple multiplier?
(d) If the marginal propensity to consume (MPC) were to drop down to 0.60,by how much will equilibrium GDP change?
(e) Illustrate the above change in GDP using the EXCEL graph.
Question 3
Explain verbally and show in diagram why the aggregate demand curve is down-sloping.
Question 4
Use the aggregate demand–aggregate supply model to explain why government might use fiscal policy to stabilize the economy?Why would fiscal policy be effective where the economy is relatively distant from potential output but not in an economy where aggregate supply curve is steep?
我试试看,先
1.wealth,expectation,taxation
可支配收入的增加：move,沿着消费线向上移动
财富的下降：shift,消费线向下平移
股价的下降：shift,向下平移
预期明年产出下降：shift,投资线向下平移
利率上升：move,沿投资线向上移动
企业所得税率上升：shift,投资线向下平移
2.AE=880+0.8Y
GDP=4400 C=3600
简单乘数=5
GDP会变成2200,是原来的一半
画个图.
3.(1)Interest-rate effect:as the price level rises,so do nominal interest rates; rising interest rates cause reductions in certain kinds of consumption and,most importantly,investment spending.
(2)Real-balances effect:at a higher price level the real value or purchasing power of the accumulated financial assets held by the public leads to a reduction in consumption expenditures.(wealth effect)
(3)Foreign-purchases effect:a rise in our domestic price level increases our imports and reduces our exports,thereby reducing net exports.
4.(1)扩张性的财政政策：通过提高政府支出和/或降低税收,增加政府财政赤字,刺激经济活动,使经济摆脱衰退或萧条.
收缩性的财政政策：通过降低政府支出和/或高税收来减少财政赤字或提高政府财政预算的盈余,控制需求拉动的通货膨胀.
(2)要画图的,明显的,当总供给曲线非常陡峭的时候,财政政策带来的对经济的刺激是非常有限的.
1.wealth,expectation,taxation
可支配收入的增加：move,沿着消费线向上移动
财富的下降：shift,消费线向下平移
股价的下降：shift,向下平移
预期明年产出下降：shift,投资线向下平移
利率上升：move,沿投资线向上移动
企业所得税率上升：shift,投资线向下平移
2.AE=880+0.8Y
GDP=4400 C=3600
简单乘数=5
GDP会变成2200,是原来的一半
画个图.
3.(1)Interest-rate effect:as the price level rises,so do nominal interest rates; rising interest rates cause reductions in certain kinds of consumption and,most importantly,investment spending.
(2)Real-balances effect:at a higher price level the real value or purchasing power of the accumulated financial assets held by the public leads to a reduction in consumption expenditures.(wealth effect)
(3)Foreign-purchases effect:a rise in our domestic price level increases our imports and reduces our exports,thereby reducing net exports.
4.(1)扩张性的财政政策：通过提高政府支出和/或降低税收,增加政府财政赤字,刺激经济活动,使经济摆脱衰退或萧条.
收缩性的财政政策：通过降低政府支出和/或高税收来减少财政赤字或提高政府财政预算的盈余,控制需求拉动的通货膨胀.
(2)要画图的,明显的,当总供给曲线非常陡峭的时候,财政政策带来的对经济的刺激是非常有限的.