On elementary questions in macroeconomics.

Updated on Financial 2024-05-11
8 answers
  1. Anonymous users2024-02-10

    1. Isn't GDP GDP? What is the consciousness of the GDP of savings and the GDP of consumption? Or does GDP include savings? Can savings also generate GDP?

    Increase savings as a percentage of total GDP. Savings do not generate GDP, only production.

    2. Does this refer to depositing money in the bank to earn money by eating interest?

    One part is this, and the other part refers to the growth of virtualized capital such as ** and **, but it does not actually generate GDP.

    3. The increase in this capital stock means that the amount of capital has increased, and the amount of money is the amount of money, how can the productivity increase and the GDP grow faster???

    An increase in the capital stock (productivity gains are generally caused by both technological progress and increased investment in human capital) an abundance of capital leads to more investment, leading to faster GDP growth.

    It is a process of increasing the amount of money - investment - expanding reproduction.

    This is my understanding, and I don't know if my interpretation is to your liking.

  2. Anonymous users2024-02-09

    1.The problem of translation, you want to be complicated. This means increasing the share of savings in GDP.

    2.Capital goods are the assets generated by the initial investment of the project that generate income. Think about building a factory, plant, equipment, etc. are capital goods.

  3. Anonymous users2024-02-08

    Savings are theoretically invested, and the money used for investment (capital stock) is magnified tenfold. If the capital stock increases, factories increase production, and the GDP created by manufacturing increases, and theoretically the GDP value will be ten times the amount of savings.

    Raising the savings rate is to encourage people to save, and to increase the capital stock of factories. On the other hand, it is to reduce the consumption behavior of the market.

    GDP will rise rapidly because the increase in GDP will be about 10 times the amount of savings. If all the money that would have been saved is used for consumption, then the value of GDP created is only equal to the amount of savings

  4. Anonymous users2024-02-07

    Macroeconomics, also known as macroeconomics, is a field of economics that uses general statistical concepts such as national income, investment and consumption of the economy as a whole to analyze the laws of economic operation. Macroeconomics is relative to microeconomics.

    Macroeconomics is based on the activities of the overall process of the national economy, mainly examining the total level of employment, gross national income and other economic aggregates, therefore, macroeconomics is also called employment theory or income theory.

    Macroeconomics is the study of the utilization of economic resources, including the theory of national income determination, employment theory, inflation theory, business cycle theory, economic growth theory, fiscal and monetary policy. It mainly examines the total level of employment, gross national income and other economic aggregates....For this reason, macroeconomics is also known as employment theory or income theory.

    FYI.

  5. Anonymous users2024-02-06

    1.The theory of national income determination, the relationship between various variables such as consumption and investment.

    2.According to employment theory, unemployment is divided into frictional unemployment, seasonal unemployment, and cyclical unemployment.

    3.According to the short-term and long-term Phillips curves, inflation and unemployment have a mutual substitution relationship in the short term, and the increase in the unemployment rate can be exchanged for a decrease in the inflation rate.

    4.The theory of business cycle refers to the economic phenomenon of alternating expansion and recession that occurs repeatedly and regularly in the process of economic growth.

    5.The theory of economic growth and economic development are two different concepts, economic growth is a quantitative concept, and economic development is a qualitative concept.

  6. Anonymous users2024-02-05

    Your question is about the quantity theory of money in classical economics. Just a universally controversial issue. Classical, Keynes, and monetary economics all have different perspectives.

    It is explained in this way, according to m*v=p*y, because v (money exchange rate) is constant, and y is always in the state of full employment (this is one of the core theories of classical economics, classical economists believe that y can be adjusted by itself at any time, and is always in a state of full employment, that is, the state of national output), so when m rises, the price p will naturally rise.

    It also proves the view of classical economists that "money is neutral" (which is also one of the theories of classical economics). In other words, the currency will only change** and will have no effect on market output. Because market output is self-regulating and has nothing to do with currency.

    Does school explain it this way, or based on m*v=p*y, the numismatists believe that an increase in m will lead to a small increase in v, that is, the variables on the left side of the equation are increasing. At this point, we're going to discuss the changes on the right side of the equation on a case-by-case basis.

    The first is the short run, which is believed by numeralists that the increase in currency will not affect ** in the short term, so Y is increasing, and P remains unchanged, and Y is greater than the original national output level.

    In the long run, because in the long run, Y will definitely be at the level of national output, so Y will return to the original level of national output. At this point, p will rise.

    To sum up, numismatics believes that increasing the production of money will not impress **p in the short term, but will increase the output y. It will not change the yield y for a long time, and will raise the ** grid p. This is the view of the numismatist.

    In fact, you will find that this theory is the same in the long run, the difference is only in the short term. This is because the explanation of quantity theory of money made by numismatists is based on classical economics, but it is improved on classical economics. This is the re-statement of quantity theory of money proposed by the famous economist Friedman in 1956.

    I hope my explanation can give you a certain understanding of these two schools, and if you still don't understand, you can continue to ask me. My main focus is on the study of theories from various schools of macroeconomics. If you don't understand any other schools of thought in the future, you can ask me. Thank you.

  7. Anonymous users2024-02-04

    1. Spontaneous investment, also known as self-directed investment, refers to investment that is not affected by changes in national income level, consumption level and interest rate. The invention of new products and technologies is a major force for spontaneous investment. Social, psychological and political investments are also spontaneous.

    In the income-expenditure model of Western macroeconomics, spontaneous investment is an exogenous variable. Induced investment, as opposed to spontaneous investment, is an investment caused by endogenous variables of the economy, i.e. investment that occurs to accommodate a real increase in expenditure on certain existing products or the economy as a whole. Replacement investment refers to the investment that needs to invest capital to renew capital goods due to the depreciation of capital goods, mainly investments in renewing plants, machinery, etc.

    Total investment is the sum of spontaneous investment, induced investment and replacement investment. Whereas, the total net investment minus the replacement investment. In other words, net investment is equal to the sum of both spontaneous and induced investment.

    Second, the derivation of this question requires the derivation of formulas, and it is very inconvenient to write on it. Please give me an email address, and I will send it to you. Or send a letter to this mailbox.

    The main idea is that in an open economy, the denominator of the slope of the IS curve has an additional external multiplier. Ahem....Now you should believe that I answered, right?

  8. Anonymous users2024-02-03

    (1) y=c+i+g=200+, solve the equilibrium income y=2000 (2) investment multiplier = **purchase expenditure multiplier=1 (1-mpc)=4 (mpc=

    Tax Multiplier = Transfer Payment Multiplier = MPC (1-MPC) = 3 Balanced Budget Multiplier = **Purchase Expenditure Multiplier + Tax Multiplier = 7 (3) From (1), it is known that an increase in income @y = 200 is needed to reach full employment, so there is @**Purchase=200 **Purchase Expenditure Multiplier=50,@税收=200 Tax Multiplier=200 3

    Balanced Budget = 200 Balanced Budget Multiplier = 200 7 (4) Y = C + I + G = 200+, Solve Y = 2000, unchanged.

    At the same time, the investment multiplier and the purchase expenditure multiplier remain unchanged, and in the case of a proportional tax, the transfer payment multiplier = mpc [1-mpc(1-t)] =, which becomes smaller,

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