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Macroeconomics Answers

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What if she had 5:00 to spend.
Suppose the NNPmp of a country is ₹1600cr. If the indirect tax is ₹100cr and total amount of subsidy is ₹80,find out the level of national income of the country.
In 2010 Wisconsin went from a closed shop state to a right to work state. Teachers' unions disliked the change and protested violently. Paul Krugman, a Nobel Prize winner, Princeton economic professor, wrote an article against the change and in support of the unions. He looked at a study from the federal department of education that showed that k-12 average test scores in Wisconsin were higher than in Texas, a right to work state with non-unionized teachers. Two economists from the University of Chicago which has on the top economic departments in the country, broke the same data down by race and found that Asians in Texas had higher avg test scores than in Wisconsin, Caucasians in Texas had higher average test scores than in Wisconsin, African-Americans in Texas had higher average test scores than in Wisconsin and Hispanics in Texas has higher average test scores than in Wisconsin. Both sides made correct statements. How can they be reconciled and what does it say about Krugman's argument?
What is consumption?
Hi can somebody solve this with solutions for me?

Net Taxes=7000

Qns: Finding equlibrium level of income (Y)
Explain the variables included in national income?
"Review the past four monetary policies of RBI and comment on their appropriateness.

1)Collect information about what happened in the last 4 monetary policies. Information about changes in CRR, SLR, Repo rate, reverse repo rate or any other instrument that was changed.
2)Collect information on economic indicators like inflation rate, interest rate, current account deficit, IIP,PMI, changes in stock market, FDI inflows etc.
3)Evaluate the appropriateness of each monetary policy with the respective preceding business environment in terms of inflation, interest rate, current account deficit etc.
The report should not exceed 15 pages."
Felix is a wheat farmer who has two fields he can use to grow wheat. The first field is right next to his house and the topsoil is rich and thick. The second field is 10 miles away in the mountains and the soil is rocky. At current wheat prices, Felix just produces from the field next to his house because the market price for wheat is just high enough to cover his costs of production including a reasonable profit. What would have to happen to the market price of wheat for Felix to have the incentive to produce from the second field?
In 2008 stock markets around the world lost value the following percentage falls in stock market indices between the start of the year and the beginning of October

Country %fall
New Zealand 27.05
Canada 27.30
Switzerland 28.42
Mexico 29.99
Australia 31.95
Korea. 32.18
United kingdom 32.37
Spain. 32.69
Malaysia 32.86
Argentina 36.83
France 37.71
Israel 37.84
Germany 37.85
Taiwan 38.79

What are the mean and median percentage for these countries ?
What are the first and third quartiles ?
Doo data contains any out layers ?
What percentile would you report for Germany ?
The Canadian consumer confidence rebounded sharply in September 2012. This is a significant rebound since the plunge in October 200. According to some analysts, the good news from Europe and the jump in the stock market appear to have had an effect on Canadian consumer confidence.
a. Explain the various factors that buoyed the Canadian consumer confidence in 2012.
b. Explain and draw a graph to illustrate how a rise in consumer confidence can change real GDP and the price level in the short-run.
c. If the economy was operating at full-employment equilibrium, describe the state of equilibrium after the increase in consumer confidence. In what way might consumer expectations have a self-fulfilling prophecy?
d. Why do changes in consumer spending play such a large role in the business cycle?
e. Explain how the economy can adjust in the long-run to restore full-employment equilibrium. Draw a graph to illustrate this adjustment.