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Any complaints?

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thats for a closed economy

Where can I find the net present value formula or where is it in the book?

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So how can I find anything about it. I mean i dont get the given answer at all

math reader boooyyy

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no, 8.5 % is the correct one

Well normally when we compare the standard living, we need to use the PPP, not the GDP

What is "the difference between the official and correct measures of the deficit"?

Correct means Inflation-adjusted and official is not

( And to go back to the question, it's the monetary expansion that allow this )

look at the formula of aggregate output

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Yes but here, they talk about fiscal consolidation not monetary consolidation

((115.000-100.000)/115.000)) x 0.3 = 0.039 So its B.

The LM curve isn't it supposed to be flat? I don't get why answer B) is correct

Thanks !

Does anyone knows why A) isn't correct? Because in the goods market equilibrium Y=Z

Thanks!

Can someone briefly explain why it is A) not D).
thanks in advance

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Hey, where do you find the solutions?
does someone maybe have a link?

Can someone explain why the answer is B please?

Because on your horizontal axis you now have employment N instead of unemployment U

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as c1 is between 0 and 1, 1-c1 is a number smaller than 1

so 1/ number smaller than 1 results in a number greater than 1 so that's the multiplier effect

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Does anybody know where can i get the keys for questions and exercises in the book? Thanks.

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Output per worker = 100 000
Savings = 1-c = 1-0.6 = 0.4
Investment per worker = 0.4*100 000= 40 000

What is the difference between real and nominal?

did we discuss fine tuning policies in the course ?

I think in Chapter 21

No we did not, don't worry

we discussed it in my tutorial so maybe just in case read it

For 46 and 47 Check the box on page 267

don't worry, we didn't cover upward sloping lm curve

No, if they put something like that at the exam, just complain about it

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no

growth rate of money times monetary base (0.04X0.06=0.0024) so answer is 0.024 %

typo: answer is 0.24*

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