• 100% Satisfaction Guarantee

Joanne, Tutor
Category: Homework
Satisfied Customers: 3632
Experience:  BSc (Hons) Political Science
14883717
Joanne is online now

# I need to get the answer to this before 9:00 pm eastern time

### Resolved Question:

I need to get the answer to this before 9:00 pm eastern time today.

Assume the following open economy for Questions 1a, 1b, 1c and 1d below:
C = 300 + 0.80(Y – 125)
I = 150
G = 250
X =115
M = 125+.05Y

21a). Determine (solve for) the equilibrium level of income or GDP (Y).

21b). Determine the impact on income of a 50 increase in government spending from 250 to 300.

21c). Using the original data, compute the impact of a 50 decrease in taxes from 125 to 75.

21d). If the government seeks to raise income to 3,000, how much should it raise government spending?
Submitted: 4 years ago.
Category: Homework
Expert:  Jabi replied 4 years ago.
Hello dear client,

Thank you for requesting my help, i have started work on your question and will post the solution soon for you :)

-Jabi
Customer: replied 4 years ago.
Expert:  Jabi replied 4 years ago.
Customer: replied 4 years ago.
The status says "We're waiting for you". Are you waiting for me to do something? If so what do I have to do?
Customer: replied 4 years ago.

Jabi,

I just notice I put M = 125+.05Y and it should be N = 125+.05Y

Customer: replied 4 years ago.
Relist: Other.
I asked to get the answer before 9:00 pm eastern time and still have not received it. I need the answer ASAP. If you cannot get it please let me know so I can move on to something different.
Customer: replied 4 years ago.
I need to know if anyone is going to answer this. If not please just let me know.
Expert:  Joanne replied 4 years ago.

You need to spend \$3 to view this post. Add Funds to your account and buy credits.
Joanne, Tutor
Category: Homework
Satisfied Customers: 3632
Experience: BSc (Hons) Political Science
Customer: replied 4 years ago.

Joanne,

In an earlier post I asked to have the "M" in the post changed to "N". Does it make a difference if I just change the "M" to "N" in the answer where it appears or will the whole answer change?

Expert:  Joanne replied 4 years ago.
From how the question is phrased, I don't think it does make a difference, probably a typo. N is usually used to refer to employment. In this case, the taxes part of the question suggests that M/N here refers to the imports.

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

### What Customers are Saying:

• Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Previous | Next >
• Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
• This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
• Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
• I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
• Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
• Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
• He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX

• ### LogicPro

#### Satisfied Customers:

4925
Expert in Java C++ C C# VB Javascript Design SQL HTML
< Last | Next >

### LogicPro

#### Satisfied Customers:

4925
Expert in Java C++ C C# VB Javascript Design SQL HTML

### Manal Elkhoshkhany

#### Satisfied Customers:

4538
More than 5000 online tutoring sessions.

### Linda_us

#### Satisfied Customers:

3138
Post Graduate Diploma in Management (MBA)

### Chris M.

#### Satisfied Customers:

2602
Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)

### F. Naz

#### Satisfied Customers:

2126
Experience with chartered accountancy

### Bizhelp

#### Satisfied Customers:

1887
Bachelors Degree and CPA with Accounting work experience