Macroeconomics FINEC version 15

📂 Tests 👤 donic

Product Description

Decisions Control Work


Contents


1. Features of formation of equilibrium in the labor market: the neoclassical and Keynesian approaches 3

2. Influence of the state on the circuit of income and expenses: general laws and Russian specificity 8

Tests 11

Tasks 13

References 15

Additional Information

1. The growth of government spending, real GDP increased only if:

a) government spending directed to the purchase of goods and services rather than to pay for public officials;

b) an increase in government spending are accompanied by money supply;

c) government spending does not crowd out of an equivalent amount of spending in the private sector;

g) government spending financed through the issuance of government

securities;

d) all of the previous answers are not correct.

2. Within a period of time the country experienced a higher rate of inflation than in partner countries. As a result, the economy will be: a) a decrease in imports of goods; b) a decrease of exports of goods; c) a decrease in interest rates; d) reduction of the money supply. Explain your answer.


1. According to the model, R. Solow production function is of the form Y = 0,84K0,5, the rate of disposal of equity d = 3% population growth rate n = 2%, the pace of technological progress g = 2%. Determine the capital-labor ratio and the savings rate, corresponding to the "golden rule of accumulation."

2. If a mixed open economy the share of consumption in the composition of national income is 70%, the share of government spending is 18%, the share of net exports equal to 7%, and the budget deficit reached 4% of the national income. To determine the proportion of private savings as part of the national income.
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