Consumption function for the economy

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ECON 204 Suppose that the consumption function for the economy is: C = 400 + 0.6(Y-T) The investment function is: I = 300 – 20r Government Spending is equal to 300 and the government runs a balanced budget. Output is equal to 1,675. a) What is the

Suppose that the consumption function for the economy is:

C = 400 + 0.6(Y-T)

The investment function is:

I = 300 – 20r

Government Spending is equal to 300 and the government runs a balanced budget. Output is equal to 1,675.

a) What is the real interest rate for this economy? What share of output is spent on consumption?

b) What is the effect of a deficit financed increase in government spending on consumption, investment, the real interest rate, government spending and output? Use a diagram with savings and investment on the horizontal axis and the real interest rate on the vertical axis in your answer.

c) Now suppose that taxes are equal to:

T = 0.2Y

This is different than the case studied in class because taxes are proportional to income. What is the equilibrium real interest rate in this economy? Is the government running a surplus or a deficit?

d) Suppose that the Central Bank successfully implements an inflation targeting regime. What is the effect of the deficit financed increase in government spending from part b) on the demand for real money balances?

Sample Solution

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COPD and other lung diseases in Glendale community related to smocking

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a.Provide an introduction to identified health concern/problem (identified health concern in Glendale community is COPD and lung diseases caused by smocking) ? What is the community setting and population?(glendale community)

b.Provide supportive data from assessment of community, including at least TWO reputable statistical references from community to support your identified concern.

c.Describe your plan/project you did to assist with the health concern/problem for your community. (this is very important)

d.Include at least FOUR literature reviews to support the plan you are developing which is current (within the last five years).a.

e.Describe how you will plan on evaluating this plan in measurable goals (these goals should be nursing goals that are measurable)

Sample Solution

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Light;optical fiber

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Question 3: Consider the following situation: A beam of light, starting in air, enters an optical fiber at an angle of a. Show that we can guarantee total internal reflection at the side wall if the index of refraction is greater than about 1.42. In other words, show that regardless of what a is, the light will be refracted back into the material if the index of refraction is greater than about 1.42.

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Glendale community related to smoking

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a.Provide an introduction to identified health concern/problem (identified health concern in Glendale community is COPD and lung diseases caused by smocking) ? What is the community setting and population?(glendale community)

b.Provide supportive data from assessment of community, including at least TWO reputable statistical references from community to support your identified concern.

c.Describe your plan/project you did to assist with the health concern/problem for your community. (this is very important)

d.Include at least FOUR literature reviews to support the plan you are developing which is current (within the last five years).a.

e.Describe how you will plan on evaluating this plan in measurable goals (these goals should be nursing goals that are measurable)

Sample Solution

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