qitelata 发表于 2014-9-20 19:12
plant, (40-10-12)*10=180
CA,12*10=120
US GDP=300
还有一题,我觉得我做的也不对,麻烦您也帮我看看好吗?总算遇到高人了,非常感谢了!
The following equations describe the macro economy of Country A. Assume that
GDP and GNI are equal. They are denoted Y. Throughout the question we will
assume that there is full employment, so that Y is fixed. The interest rate (r) is
expressed in percent. Use the information to answer the questions below. (16 pts)
Y = 5000
C = 800 + .75(Y-T) – 100r
I = 825 – 50r
G = 600, T = 400
a. If Country A has a closed financial system with respect to the rest of the world
(i.e., doesn’t allow borrowing or lending with other countries), what will the
interest rate be in Country A? How much domestic investment spending (I)
will there be? (Hint: You will find it helpful to derive the national saving
function using S = Y – C – G).
Country A has a closed financial system,
C = 800 + .75(Y-T) – 100r=4250-100r
Y=C+I+G=4250-100r+(825-50r)+600=5000 →r=4.5 the interest rate be 4.5%
I = S= Y – C – G=5000-(4250-100r)-600=600
b. Continuing to assume that the financial system is closed, suppose that in an
effort to balance the government budget, government consumption
expenditures (G) are reduced from 600 to 400. What will the new interest rate
be? What will happen to investment spending?
Country A has a closed financial system,
Y=C+I+G=4250-100r +(825-50r)+400=5000 →r=3.17
I = S= Y – C – G=5000-(4250-100r)-400=666.5
c. Go back to the original equations and conditions of the problem (with G equal
to 600) but assume that Country A has an open capital market and is perfectly
integrated with a world financial system whose interest rate is 3%. Assume
that Country A is relatively small in the world, so that developments inside of
Country A have a negligible effect on the world interest rate. Will Country A
have net capital inflow or outflow? In what amount? How much investment
spending will there be?
Country A has a open financial system,
Country A will have net capital inflow
X-M= Y-(C+I+G)=5000-(4250-100*3+825-50*3+600)=-225
I = 825 – 50r=825-50*3=675
d. Continue with the situation described in part (c), where the country is part of a
large global financial system, and reconsider the effects of reducing
government spending to 400. What will happen to the country’s net capital
flows? What will the new level of domestic investment spending be?
Country A has a open financial system,
X-M=(IP-IR)+(KO-KI)= (IP-IR)+(S-I) →
(KO-KI)= (S-I)= Y-(C+I+G)=5000-(4250-100*3+825-50*3+400)=-25