The graph below depicts the aggregate demand and aggregate supply curves for the real economy. We can see that this economy is experiencing an output gap. You will identify and quantify that output gap and analyze possible fiscal policy responses. 350 346 342 336 334 330 LAS SAS AD $22 524 $26 $28 $30 $32 Real GDP In trillions of dollars) Identify whether the economy is currently experiencing a recessionary or an expansionary gap. Also, identify the size of that output gap. Suppose that the government spending multiplier is 2.0, and that the tax multiplier is -1.5. The government wishes to pursue an equal-sized change in government spending and taxes to eliminate the existing output gap. In your essay, you should identify whether the government should increase or reduce government spending and taxes and by how much. You should also include a graph that depicts this change in government spending and taxes in the figure above. You should clearly identify the new equilibrium level of Real GPD and the new equilibrium price level.

Explain unsolicited mails and communication with children (Ecommerce) in brief. I need to prepare 5-10 minutes presentation for it.

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QUESTION 1 Demand equation for a product is P = 100 – 0.01Q and the total cost is TC = 50Q + 10000 - (a). Write down the equation for the total revenue. (b). Write down the equation for the profit. (c). Find the value of Q when the firm breaks even. (d). Determine the maximum profit and the value of output (Q) at which profit is maximum.

If a consumer's Engle curve for a certain product is downward sloping then (a) the product must be a normal good. (b) the product must be an inferior good. (c) the product must be a bad. (d) the product must be a neuter. +

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Important: You have to present your solutions to the answers of all questions. The text must be readable and you should write the answer typing (on) machine do not write by hand,type answer question is not more than one page .l want a good solution to this question with good explanation and nice writing text.Write no more than 2 pages(Maximum)only legible answer will be considered.Textbook:Sørensen, P.Birch& Whitta-Jacobsen, H.J.(2010), Introducing Advanced Macroeconomics; Growth and Business Cycles, Second Edition, Berkshire: McGraw-Hill Education./BR/A Seminar :Assignment: Howwould business cycle explanations usinga stochastic AS-AD modelor real business cycles account for heterogeneity, complexity, emergence, and heuristics?

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Brief description of the pie chart for a proposal