4. Consider the following Keynesian national-income model, Y = C + Io + Go C = a + b(Y-To) where a and bare parameters with the following range; a>0 and 0
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- Consider the basic macroeconomic model: Y=C+I and C = a + by where Y is GDP, C is consumtion and I is total investment (treated as fixed). a, b are positive parameters. Solve the model for Y in terms of I and the parameters.The Capital Asset Price Model (CAPM) is a financial model that attempts to predict the rate of return on a financial instrument, such as a common stock, in such a way that it is linearly related to the rate of return on the overal market. Specifically, RStockAiBo + BR Markets + e You are to study the relationship between the two variables and estimate the above model: R StockAi-rate of return on Stock A for month i, i = 1,2,---, 59. RMarket-market rate of return for month i, i=1,2,..., 59. B₁ represent's the stocks 'beta' value, or its systematic risk. It measure's the stocks volatility related to the market volatility. Bo represents the risk-free interest rate. The data in the .csv file contains the data on the rate of return of a large energy company which will be referred to as Acme Oil and Gas and the corresponding rate of return on the Toronto Composite Index (TSE) for 59 randomly selected months. Therefore Re, represents the monthly rate of return for a common share of Acme Oil…7. The average cost of a meal prepared outside of the home was $12.96 in October 2020 and isincreasing at a rate of $0.71 per year. (a) Create a model for this situation. (Recall that you should define the independent anddependent variables and their units, as well as provide an equation.) (b) If this trend continues, what will be the average cost of a meal in April 2023?
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- 2.1. In Figure 2 above, what are the factors that may cause the aggregate demand to shift from AD to AD1? What is the difference between demand pull inflation, cost push inflation and recession? 2.2. In macroeconomics, the immediate short run is known as a length of time when both input prices and output prices are fixed. In the short-run, input prices are fixed but output prices are variable. In the long run, input prices and output prices can vary. Describe the AS curve in the Immediate Short run. Describe the AS curve in the Short run. Describe the AS in the Long run.A car dealership wants to try out a new leasing arrangement, which will allow a buyer to trade a car back to the dealership for a certain amount of credit at any time throughout the first five years of ownership. For a car in good condition, the arrangement will value the car at 1/5 the original price at the end of five years, and will depreciate the value of the car linearly over the course of the five years. What is the value of a car with initial purchase price P at the end of the third year? Write your answer as an expression in terms of P. Write the exact answer. Do not round.The snowboard industry has the following labour supply is ES = 150 + 10w and labour demand is ED = 350 – 10w, where E is the level of employment in 1,000s of workers and w is the hourly wage. If the labour market is competitive, then what is the equilibrium wage and employment? What is the unemployment rate? Let's pretend the government asks you to examine the impact of implementing a minimum hourly wage of $12. What would happen to the employment level? How many additional workers would want a job at the minimum wage? What is the unemployment rate? If the labour market is competitive, then what is the equilibrium wage and employment? What is the unemployment rate? Let's pretend the government asks you to examine the impact of implementing a minimum hourly wage of $12. What would happen to the employment level? How many additional workers would want a job at the minimum wage? What is the unemployment rate?