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22/05/2020 07:40:49

(1 week ago)

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**কোন মহান ব্যাক্তি আছেন যিনি কয়েকটা প্রশ্নের উত্তর লিখে দিয়ে সাহায্য করতে পারবেন??**

বিষয়ঃ ম্যাক্রো ইকোনমিক্স

a)In a self-regulating economy “R”, labor supply is 30 million but labor demand is 10 million. Is the economy in long run or short run in goods and service market? Explain this situation with relevant graph.

b) In the above situation, what type of monetary policy would be adopted by central bank? How does this policy will restore long run equilibrium? What will happen to price level after this policy implementation? Explain with suitable graphs.

c) Explain and give your opinion how Keynesian transmission mechanism will work under the following conditions: Very low interest rate.

d) If government implements mandatory tertiary education level for getting any job and people strictly follow it, what will happen to the value of HK then? What will happen to real GDP and price level in long run? Explain the case with the help of suitable graphs.

e) if interest rate drops from 10% to 6% on bank loan, which factor of production in the above production function will be affected? What will happen to real GDP and price level then? Explain the case with the help of suitable graphs.

f) Consider the the information about Keynesian model: I=200, G=500, NX=300, C=170+0.75Y, t=0.20, TR= tY=250

a)Find out the equilibrium level of output.

b) Due to COVID 19 situation, autonomous consumption falls to 90, MPS falls to 0.15 , I falls to 100 , NX falls to 150 and G remains same. What will be the new equilibrium level of output then?

[Note: t= tax rate, TR= Tax revenue, Y=real GDP]

g) If the government increases G to 590 after COVID 19 in order to restore the previous equilibrium level of output in part a), what will be the multiplier value? Will AD curve shift? Why or why not? Draw the suitable graphs to show the impact of G. [hint: consider COVID 19 and pre COVID 19 situation]

h) Discuss the tools of money supply.

i) Total deposit collected by the banking system increases from 200 trillion to 260 trillion. Required reserve does not change and remains same which is 20 trillion. Find out the maximum change in money supply. Which of the tools of money supply IS NOT responsible for that change? Explain.

j) Identify which one is M1, M2 or both i)1000Taka Eid gift from relatives, ii) employer pays salary to employee in their bank account iii) a 10 year fixed deposit iv) traveler’s check iv) MMMF. Make a table with three columns named as M1, M2and BOTH and write Yes/No for each category

k) If growth rate of real GDP is 8%, and velocity growth rate is 4% . If central bank targets to have 6% inflation rate ,what should be the growth rate of money supply according to equation of exchange?

l) Suppose there are two villagers, Salva and Angel. Both want to borrow money from another villager named Raquel at 10% interest rate. Angel is determined to pay the loan in due time but Salva does not have that kind of intention (loan defaulter always) but does not express it to Raquel. Both of the borrowers are unknown to Raquel and she does not have much information about them. Their true intentions are totally unknown to lender Raquel.Therefore, it is quite impossible for Raquel to distinguish who might be the defaulter. Can you write down the name of this problem? Is there any possible solution to find out the right person? How?