Anyone studying Economics here and want to make some money?

[xyxmt]

surenas,let me know.

I know economics and ic an do your assignement.

shame on you

 

[Surenas]

shame on you

What??????

 

[bronxbull]

Bro, it isn't an extremely difficult assignment, but it is still time costing. I'll really advice you to enjoy the great weather in Australia in stead of occupying yourself with a dull economics assignment.

acha bhai,concept batade,aise hi curiosity hain.

shame on you

oh u mean for taking money and doing an assignement,why should i be ashamed man?

 

[livingdead]

acha bhai,concept batade,aise hi curiosity hain.



oh u mean for taking money and doing an assignement,why should i be ashamed man?

he is irani.. does not understand hindi/urdu...

 

[bronxbull]

phir pak ka flag kyon rakha hain?

 

[Surenas]

acha bhai,concept batade,aise hi curiosity hain.

Sorry bro, I am not Pakistani.

The assignment consist of 12 questions.

 

[bronxbull]

i was asking what topic was it based on?

 

[Skies]

what is the topic, I once did an assignment for free for a Pakistani here.

 

[Surenas]

i was asking what topic was it based on?

Just some macroeconomic questions. Like this one for example:

I have to calculate the deficit budget of this country:

Country data:

- Marginal propensity to consume (0.81)
- Autonomous consumption (155)
- Marginal propensity for import (0.17)
- Autonomous investments (125)
- Autonomous imports (95)
- Marginal tax rate (0.3)
- Exports (450)
- (autonomous) Government Expenditure (100)
- Average labour productivity (0.029)
- Available labour (47100)

Anyway, is it just me, or does relevant data misses to calculate the budget deficit? Couldn't answer this question.

 

[bronxbull]

Just some macroeconomic questions. Like this one for example:

I have to calculate the deficit budget of this country:

Country data:

- Marginal propensity to consume (0.81)
- Autonomous consumption (155)
- Marginal propensity for import (0.17)
- Autonomous investments (125)
- Autonomous imports (95)
- Marginal tax rate (0.3)
- Exports (450)
- (autonomous) Government Expenditure (100)
- Average labour productivity (0.029)
- Available labour (47100)

Anyway, is it just me, or does relevant data misses to calculate the budget deficit? Couldn't answer this question.

I find many irrelevant data

I find autonomous investments and autonomous spending,

Thats works out to be 155+125=280.

Now this is the after tax income of the private sector.

so,if we do (280/(1-tax rate))=280/0.7=400 which is the pretax income of the private sector.

so the difference 400-280=120 is the income earned by the govt through taxes.

Govt expenditure is 100.

so the budget deficit is 100-120=-20 which is a surplus of 20.

Hope that helped,i find the remaining data irrelevant.

This is govt budget deficit,

 

[Surenas]

I find many irrelevant data

I find autonomous investments and autonomous spending,

Thats works out to be 155+125=280.

Now this is the after tax income of the private sector.

so,if we do (280/(1-tax rate))=280/0.7=400 which is the pretax income of the private sector.

so the difference 400-280=120 is the income earned by the govt through taxes.

Govt expenditure is 100.

so the budget deficit is 100-120=-20 which is a surplus of 20.

Hope that helped,i find the remaining data irrelevant.

This is govt budget deficit,

Thanks bro. I appreciate it.

Yes, the other data is irrelevant to this question, but I had to use that data in order to answer the other questions.

 

[Surenas]

@bronxbull

Shouldn't we include the imports in that calculation? They are spending too, right?

 

[bronxbull]

That would come under balance of payments,no govt budget deficit,even tho both come under the current account.

 

[bronxbull]

Thanks bro. I appreciate it.

Yes, the other data is irrelevant to this question, but I had to use that data in order to answer the other questions.

and you are welcome,you can pay for a coffee/beer when am in Amsterdam.

 

[Surenas]

and you are welcome,you can pay for a coffee/beer when am in Amsterdam.

Definitely.