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Liono4ka [1.6K]
3 years ago
10

Common resources differ from public goods in that

Business
1 answer:
Alexus [3.1K]3 years ago
8 0

Common resources differ from public goods in that b) unlike public goods, common resources are rivalrous in consumption. A common resource is a resource that provides tangible benefits for the consumer. A common resource can be overused and consumed. Water is an example of a common resource, because although it's available to any and everyone, it has to be paid for, for use.

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Desired consumption is Cd = 100 + 0.8Y - 500r - 0.5G, and desired investment is Id = 100 - 500r. Real money demand is Md/P = Y -
allochka39001 [22]

Answer:

Under a) r=0.1;Id=50;Cd=750;P=7 b) P only changes and is now 9.33

Explanation:

a)  In a closed economy national savings are equal to investments or:

S d = I d = Y - Cd - G

Id = Y - 100 - 0.8*Y + 500*r - 0.5*G

100 - 500*r = 0.2*Y -100 + 500*r -0.5*G

200 - 1000*r = 0.2*1000 - 0.5*200=100

-1000*r=-100

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i = 0.15

Id = 100 -50 =50

Cd= 100 + 800 - 50 - 100=750

P = Md/Y-2000 i

P= 2100/1000 -300=7

b) If money supply increases to 2800, the price level would be:

P = 2800/Y - 2000*i = 2800/Y- 2000*(i-inflation)

However, since the variables determining real interest rate remained the same, r is also the same or 0.1 and i is 0.15. Consumption and investment remain the same, only price level changes or:

P=9.33  

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3 years ago
The amount of tattling has suddenly increased in the school-age group at the day care facility where you work. Staff and childre
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How many ink cartridges can you buy with 165 dollars if one cartridge costs 11 dollars
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Answer:

15

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Which of the following reflect the balances of prepayment accounts prior to adjustment?
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Answer:

The answer is Balance sheet accounts are overstated and income statement accounts are understated.

Explanation:

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