Consider the Egyptos (a hypothetical economy) economy: C

  1.  Consider the Egyptos (a hypothetical economy) economy: C = 100 + 0.8Yd Note that Yd = Y – T

I = 120    G = 160     T = 100

  1.  Calculate the equilibrium value of Y. Show your work and provide graphical illustration.
  1. Assume YF (full employment level of Y) = $1700. How much change in T should the government make to move the economy to full employment (i.e., to YF)?  Provide numerical and graphical answers (use the graph in part A). Show your work.
  1. Consider the following Greekos economy (a hypothetical economy): C = 100 + 0.75Yd

I = 60    G = 140       T = 0.2Y   (Note that Yd = Y – T)

  1.  Calculate the equilibrium value of Y. Show your work and provide graphical illustration.
  1.  Does the government run a budget surplus, deficit, or a balanced budget in equilibrium? provide numerical answers. (Note that Government Budget = T – G)
  1.  Demonstrate that in equilibrium, the sum of injections = sum of leakages. Provide numerical answers.
  1. Assume YF (full employment level of Y) = $ 600. How much change in G should the Greekos government make to move the economy to full employment (i.e., to YF)?  Provide numerical and graphical answers (use the graph in part A).
  1.  What is the effect of the above Greekos government policy on the government budget?  Provide numerical answers.

Calculate the price of your order

Simple Order Process

Fill in the Order Form

Share all the assignment information. Including the instructions, provided reading materials, grading rubric, number of pages, the required formatting, deadline, and your academic level. Provide any information and announcements shared by the professor. Choose your preferred writer if you have one.

Get Your Order Assigned

Once we receive your order form, we will select the best writer from our pool of experts to fit your assignment.

Share More Data if Needed

You will receive a confirmation email when a writer has been assigned your task. The writer may contact you if they need any additional information or clarifications regarding your task

Let Our Essay Writer Do Their Job

Once you entrust us with your academic task, our skilled writers embark on creating your paper entirely from the ground up. Through rigorous research and unwavering commitment to your guidelines, our experts meticulously craft every aspect of your paper. Our process ensures that your essay is not only original but also aligned with your specific requirements, making certain that the final piece surpasses your expectations.

Quality Checks and Proofreading

Upon the completion of your paper, it undergoes a meticulous review by our dedicated Quality and Proofreading department. This crucial step ensures not only the originality of the content but also its alignment with the highest academic standards. Our seasoned experts conduct thorough checks, meticulously examining every facet of your paper, including grammar, structure, coherence, and proper citation. This comprehensive review process guarantees that the final product you receive not only meets our stringent quality benchmarks but also reflects your dedication to academic excellence.

Review and Download the Final Draft

If you find that any part of the paper does not meet the initial instructions, send it back to us with your feedback, and we will make the necessary adjustments.