As you have learned consumer expectationsLinks to an external site. are a major driver of the short run path of the economy.  Consumer spending accounts for about 68% of GDP and consumer sentimentLinks to an external site. is a major factor in shifting Aggregate Demand. Do you expect consumer confidence and business expectations to improve in the months ahead?   Utilizing the equation GDP= C+I+G+ (X-M) from Chapter 6 what is your forecast for the way the AD curve will shift between now and the end of 2023? Explain.  Do you anticipate a recession between now and the end of 2023?

Economics Consider the following estimated model based on quarterly data of Australian manufacturing exports from January 2015 to December 2019. EXP: = -5.38+0.191Y, + 0.0216FDI_+2.61t t-1 Where EXP, Y and FDI represent manufacturing exports (in thousand dollars), output (in thousand dollars) and foreign direct investment (in thousand dollars), respectively. The following is an excerpt of the actual data. What is the predicted exports in the fourth quarter of 2015? Period Y FDI Third quarter of 2015 57234 344 Fourth quarter of 2015 60031 385 Question 13 options: A11478.41 thousand dollars. B11525.50 thousand dollars. C1151.92 thousand dollars. D11520.17 thousand dollars.

Identify how each of the following changes will affect Aggregate Demand An increase in consumers disposable income A decrease in Investment spending due to pessimistic forecasts concerning the future A global pandemic resulting in business closures and an increase in the unemployment level The federal government increases spending on roads, bridges, and school repairs The federal government reduces the federal income tax resulting in an increase in household disposable income

a) What generally happens to the major macroeconomic variables such as GDP, unemployment rate, and inflation rate during an economic recession?   b) Define economic expansion using the reference terms of actual GDP and potential GDP.   c) Explain how investment spending and interest rate related. What is the reason behind such a relationship?   d) Find the correlation coefficient between interest rate and Real Investment. Does this (actual) value support the theoretical relationship between the variables? Explain.   (e) Explain the importance of investment spending for the economy.         Only typed answer

Look at the photo for prompt. In order of effectiveness (net effect change in rGDP)), order these actions; base your reasoning on actual numbers.  Show your calculations.

"The oil price run - up of 2007 - 08 was caused by strong demand confronting stagnating world production. Although the causes were different, the consequences for the economy appear to have been very similar to those observed in earlier episodes, with significant effects om overall consumption spending and purchases of domestic automobiles in particular. The experience of 2007 - 08 should thus be added to this list of recessions to which oil prices appear to have made a material contribution". Oil price shocks have an evident impact on the short run aggregate supply curve. With the help of a graph demonstrate how rising oil prices affect the SRAS and explain what other factors can cause this shift.

The Recovery: Utilizing the Aggregate Demand/Aggregate Supply framework describe what has happened during the recovery from the recession from May 2020 (Q2 2020) to the present March 2022 has happened to real GDP since the end of the recession in Q2 of 2020? How about inflation and unemployment? How big is the gap between actual and potential real GDP? Describe the current state of the economy relative to real potential GDP (Links to an external site.).

If Saving+Tax+Import > Investment+Government spending+Export, then _____ must fall to establish macroeconomic equilibrium. Group of answer choices net exports gross exports taxes real GDP government spending

Generally, the price level variations impact the overall aggregate demand positively or negatively. In this context, discuss various effects of decrease in price level on consumption, investment and net exports. Give examples to support your answer.

Problem 1 Suppose the system of aggregate expenditures can be described by the following relationships and parameter values. C(Y – T) = 1200 + 0.8 (Y – T) I(r) = 100 – 3r G = 200 ;T = 200; r = 5; Ex = Im = 0 %3D 1. Find the equilibrium value ofY (output/income) in this model. Let this level of production be the economy's potential GDP (Y;).