econ110 assign e (1 Viewer)

[*hopeful*]

anybody else doing that assign ? any ideas ie help ?!

 

[Tabris]

I am doing assignment A

cant help u there

BTW u might want to do some referncing, Alex recommended the harvard system..

 

[Grizzly]

I remember the econ110 assignment, whats the Q.

lol, my paper was assignment E, and i got an F

 

[Tabris]

My question was what happens to aggregate income when the tresurer does a tax cut and thresholds, explain fully the adjustment process using I-E model

the 2nd part was what will happen if housholds and firms spend more on imports at every level of income due to more income from the tax cut, explain fully the adjustment process using the L-J model


I interpreted it as little t change and little m change, handed it in today

 

[Supra]

My question was what happens to aggregate income when the tresurer does a tax cut and thresholds, explain fully the adjustment process using I-E model

the 2nd part was what will happen if housholds and firms spend more on imports at every level of income due to more income from the tax cut, explain fully the adjustment process using the L-J model


I interpreted it as little t change and little m change, handed it in today

we had hte same questio...well very similar (i did assignment A)

 

[CrashOveride]

lol supra, he did the same assignment.

 

[Supra]

lol supra, he did the same assignment.

oh fuk i didnt read the thread properly =P...possibly coz i was soo tired when i posted it

 

[kunny funt]

My question was what happens to aggregate income when the tresurer does a tax cut and thresholds, explain fully the adjustment process using I-E model

the 2nd part was what will happen if housholds and firms spend more on imports at every level of income due to more income from the tax cut, explain fully the adjustment process using the L-J model


I interpreted it as little t change and little m change, handed it in today

i had the same as you except i had Mo increases and not m, coz Q said at every level of aggregate income

 

[Supra]

i had the same as you except i had Mo increases and not m, coz Q said at every level of aggregate income

yeh i thought it wud be "m" that increases, however CrashOveride confirmed that it shud b "Mo" for the above reason

the diagram is extremely important i think roughly half the marks are designated to the diagram

 

[Tabris]

i write m change,

thats because t changed not To


so ppl use the extra money from the tax change ( t down) for extra spending on imports,

how can u spend more if Y = 0 on the leakage injection graph and u didnt get tax cut coz u didnt earn income?

oh well no point proving.... its all over and done

 

[Supra]

i write m change,

thats because t changed not To


so ppl use the extra money from the tax change ( t down) for extra spending on imports,

how can u spend more if Y = 0 on the leakage injection graph and u didnt get tax cut coz u didnt earn income?

oh well no point proving.... its all over and done

that question seems familiar i think CrashOveride had a similar query...

 

[:: ck ::]

who cares its worth 5% ur bound to get at least 50% for trying

 

[Supra]

who cares its worth 5% ur bound to get at least 50% for trying

exactly...coz if u have made ur diagram perfectly for ur answer (i.e u sed m increases so instead of an upward parallel shift in the L-J diagram it wud b a pivot) then im sure theyll giv u marks...