PACC6007 Economics Question One a) Calculating the equilibrium level of real GDP in this economy Equilibrium GDP (Y) = C + I + G + X – M Y = C + I + G + X – M Here, C = consumption expenditure, I […]

THE ECONOMIC ENVIRONMENT OF BUSINESS 1. Introduction The automobile industry is one of the growing industries in the UK; the growth of the industry has decreased as a result of Brexit. In the year 2018 the industry has shown a growth of 3.4%. In this […]

Part B: Macroeconomics Question : Consumption of fixed capital: $AUD 285 billion Gross private domestic investment: $AUD 725 billion Government consumption expenditures: $AUD 720 billion Government investment expenditures: $AUD 165 billion Imports: $AUD -550 billion Exports: $AUD 625 billion Household consumption expenditure: $AUD 3010 billion […]

Introduction to economics N assignment-ECO100 (1705712) Answer 1 Marginal Private benefit and marginal private cost (supply) of education in China are : P = 100-0.1QD P= 10+0.1QS Market equilibrium quantity = 450 Market Equilibrium Price = 55 (b) (Sourced: Kesicki and Ekins, P., 2012) As […]

ATMC BUS502 Principles of Economics for Accountants Assessment Task 2 – Responses to articles Article 2: Full Name: Student number: Tutor’s name:  Article Title: “What is the Soda Tax and which cities have one”by Beverly Birdfrom The Balance from 25th November 2018. Available at: https://www.thebalance.com/soda-tax-and-which-cities-have-one-4151209 […]

Economics and Quantitative Analysis Linear Regression Report Purpose The key purpose of this research report is to identify the relationship between the independent variable such as “Retention Rate” and the dependent variable such as ‘Graduation Rate”. In addition, this report contains the simple linear regression […]

HI5003 Economics for Business Tutorial Submission Questions T1 2020 PRODUCTION POSSIBILITY FRONTIER – QUESTION 1: Position B is said to be an inefficient combination. The reason being over here both the resources are not fully utilized. Hence, it is considered as inefficient combination. V is […]

HI5003 Economics for Business Tutorial Submission Questions T1 2020  PRODUCTION POSSIBILITY FRONTIER – QUESTION 1: Position B is said to be an inefficient combination. The reason being over here both the resources are not fully utilized. Hence, it is considered as inefficient combination. V is […]