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What is the impact of changes in autonomous consumption on equilibrium output in the Keynesian Cross model, assuming the consumption function is given by a specific equation?
In the Keynesian Cross model, changes in autonomous consumption can affect equilibrium output. Autonomous consumption refers to the amount of consumption that occurs regardless of income levels. If autonomous consumption increases, it will shift the consumption function upwards, leading to higher equilibrium output. Conversely, if autonomous consumption decreases, it will shift the consumption function downwards, resulting in lower equilibrium output. The specific equation of the consumption function will determine the exact impact of changes in autonomous consumption on equilibrium output in the model.
When the government has laissez faire economic politics what were they doing about his business?
It depends entirely on who "they" are and who "his" business belongs to. Assuming that this is a pure laissez-faire system, the government would not interfere in business activities in any way save to prosecute criminal acts, such as an employee murdering another employee. The government would not employ any regulations.
Describe what happens when there is a shortage?
By free market I am assuming that it means the government has no role in controlling the markets. If in such a market there occurs a shortage it will simply drive the prices high up by the demand and supply rule thus constricting the output only to those who outbid the other. The solution generally is a government control on this for example LPG in India is highly subsidised to make it affordable, but the solution is definitely not robust because the people with the ability to buy from the private market end up consuming subsidised products meant for the poorer sections.
How did the great depression affect economists beliefs about the macroeconomy?
Instead of assuming that the macroeconomy would automatically recover from a recession, economists began to consider the possibility that modern market economies could fall into prolonged contractions and that government assistance would be necessary to pull them out.
As price falls quantity demanded?
increases assuming cetaris peribus
What is the impact of changes in autonomous consumption on equilibrium output in the Keynesian Cross model, assuming the consumption function is given by a specific equation?
In the Keynesian Cross model, changes in autonomous consumption can affect equilibrium output. Autonomous consumption refers to the amount of consumption that occurs regardless of income levels. If autonomous consumption increases, it will shift the consumption function upwards, leading to higher equilibrium output. Conversely, if autonomous consumption decreases, it will shift the consumption function downwards, resulting in lower equilibrium output. The specific equation of the consumption function will determine the exact impact of changes in autonomous consumption on equilibrium output in the model.
What term means overturn illegally?
Assuming that you are talking about a Government, it's to 'overthrow' a Government.
What would the equilibrium concentration of glucose-6-phosphate be under cellular conditions of glucose equals P equals 5mM?
Assuming glucose-6-phosphate is in equilibrium with glucose and phosphate, the equilibrium concentration of glucose-6-phosphate would also be 5mM. This is based on the principle of mass action and the equilibrium constant of the reaction between glucose, phosphate, and glucose-6-phosphate.
Assuming that the reaction is at equilibrium what effect does the addition of a catalyst have on the equilibruim?
a catalyst lowers the activation energy for both the forward and reverse reaction. however, it does not change the potential energy of the reactants or products. it also does not affect the heat of reaction (delta h)
Which government officals receive appointments for life?
Assuming you are talking about the U.S. government- supremem court justices and federal judges.
What year year did the government require speedometers in vehicles to be digital?
Assuming you live in the U.S.A., there is no government requirement for digital speedometers.
Where is the gathering place for the three major branches of the federal government?
I'm assuming you mean the American government. Washington, DC
What is the name of the current peruan government leader?
"Assuming you mean the "Peruvian" government leader, it's President Alan Garcia Perez.
In a constitutional republic a government official acting contrary to the wishes of the people?
Is assuming authority he or she does not have.
Assuming there are premises based on correct observations and sound logic which is more certain of resulting in a conclusion that's correct?
Deductive reasoning
What is the size of human soul as per religious scriptures?
It has no size. Assuming it is not physical in any way, it therefore has no dimensions, resulting in no size.
Assuming there are premises based on correct observations and sound logic which is more certain of resulting in a conclusion thats correct?
Deductive reasoning
