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$_$ 11-08-2010 01:37 PM

Help: MacroEcon homework help for 1-2hrs (will pay)
 
Hi guys, I just need some help with some MacroEconomics homework. I live in Richmond but willing to travel. It's not a lot, just I need to go over answers and make sure I got them right and need some help understanding concepts. Let me know if any of you can help me out.

Will pay for your help or we can go out for munches or tokes.

Selanne_200 11-08-2010 02:46 PM

What level macro is this?
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jasonturbo 11-08-2010 02:51 PM

Can you be a little more specific as to what concepts you are having troubles with?

Szeto 11-08-2010 02:53 PM

i think macro econ is only 1st year?

d1 11-08-2010 02:54 PM

How long is it? post it on here.

choda 11-08-2010 03:39 PM

More info would help, like what year, what you're currently doing in class etc.

$_$ 11-08-2010 03:45 PM

Oh, sorry guys. First Macro, Macro 1250 at Kwantlen. It is mainly about Long/Short Run Aggregate Supply/Demand. I have a hard putting the graphs to the real life examples.

I have an @ home assignment and I wanna make sure my answers are right ^^.

GabAlmighty 11-08-2010 03:47 PM

Quote:

Originally Posted by T.H.C (Post 7178248)
I have a hard on putting the graphs to the real life examples.

Lol wut?

$_$ 11-08-2010 03:54 PM

Quote:

Originally Posted by GabAlmighty (Post 7178255)
Lol wut?

Each of the following events is either a cause or a consequence of a shift in the AD or SAS curve. Identify which is and, if it is a cause, describe the effect on equilibrium real GDP and the price level.

a)The % of the Canadian labor force that belongs to unions increases, in spite of the deepening recession.

b)A 10% reduction in personal and corporate income taxes.

c)World commodity prices declined sharply in 1997-98. Many of these commodities are both produces in Canada and are used as important inputs for the Canadian firms.

d)Cnada reaches an agreement with Japan that increases Canadian exports to Japan but has no effect on Canadian imports of Japanese goods.

obselete 11-08-2010 04:27 PM

Quote:

Originally Posted by T.H.C (Post 7178268)
Each of the following events is either a cause or a consequence of a shift in the AD or SAS curve. Identify which is and, if it is a cause, describe the effect on equilibrium real GDP and the price level.

a)The % of the Canadian labor force that belongs to unions increases, in spite of the deepening recession.

b)A 10% reduction in personal and corporate income taxes.

c)World commodity prices declined sharply in 1997-98. Many of these commodities are both produces in Canada and are used as important inputs for the Canadian firms.

d)Cnada reaches an agreement with Japan that increases Canadian exports to Japan but has no effect on Canadian imports of Japanese goods.

whoa slow down there hammer, you gotta pay for the help:rofl:

Gilgamesh 11-08-2010 04:38 PM

I took macro a year ago, so I don't remember much. I think d) results in an upward shift (or parallel shift) in Aggregate Demand since net export increases.

$_$ 11-08-2010 05:57 PM

Quote:

Originally Posted by obselete (Post 7178335)
whoa slow down there hammer, you gotta pay for the help:rofl:

Haha, come help me ><

Alphamale 11-08-2010 08:27 PM

http://www.whitenova.com/thinkEconomics/adas.html

That interactive graph might help you visualize things a bit better.

shawn79 11-08-2010 08:32 PM

if u blaze orange7 up, i think he might be able to help

Eatman 11-08-2010 08:50 PM

b. the 10% reduction in taxes brings about more disposable income which would result in an increase in aggregate demand and also an increase in real GDP.

PiuYi 11-08-2010 09:18 PM

use the Y = C+I+G+X formula, it really helped me with this kinda shit in macroecon

$_$ 11-08-2010 09:30 PM

Thanks to everyone that's trying to help!!! Really appreciate it.


And....

Where are you orange7?? I'll come find you!!
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CRS 11-08-2010 10:31 PM

Hmm I'm not sure how reliable orange7 is...

Ask TRDood or whatever his name is. He's a TA for something like this IIRC.

Reference SFU Thread.

wuuhoo 11-22-2010 09:36 AM

Quote:

Originally Posted by T.H.C (Post 7178268)
Each of the following events is either a cause or a consequence of a shift in the AD or SAS curve. Identify which is and, if it is a cause, describe the effect on equilibrium real GDP and the price level.

a)The % of the Canadian labor force that belongs to unions increases, in spite of the deepening recession.

b)A 10% reduction in personal and corporate income taxes.

c)World commodity prices declined sharply in 1997-98. Many of these commodities are both produces in Canada and are used as important inputs for the Canadian firms.

d)Cnada reaches an agreement with Japan that increases Canadian exports to Japan but has no effect on Canadian imports of Japanese goods.


a) AS decreases, due to cuts to labour supply. AS moves left, decreasing output

b) a reduction in taxes causes an increase in spending. AD moves right

c) not sure. If i had to guess, i would say AD moves right causing more output and lower price

d) AD increases because export has increased


Thats all I remember, I really didnt like econ much. So cant you there much haha

TRDood 11-22-2010 10:13 PM

If you are looking for a regular tutor, $35 per hour, I will go to your house/meet with you at school.

My qualifications:
Ranked #1 TA for SFU Economics Fall 2009 and Spring 2010. Recipient of 2009-2010 Outstanding Teaching Assistant Award.
Worked as an Analyst and Economist in the federal government (Co-op, 8 months experience).
3.72 GPA for my MA degree.

:D

Edit: wait, this thread is about 1 month old. Need extra help for finals?

Jer3 11-23-2010 11:55 PM

Quote:

Originally Posted by TRDood (Post 7198788)
If you are looking for a regular tutor, $35 per hour, I will go to your house/meet with you at school.

My qualifications:
Ranked #1 TA for SFU Economics Fall 2009 and Spring 2010. Recipient of 2009-2010 Outstanding Teaching Assistant Award.
Worked as an Analyst and Economist in the federal government (Co-op, 8 months experience).
3.72 GPA for my MA degree.

:D

Edit: wait, this thread is about 1 month old. Need extra help for finals?

did you win the ta award along with dadson? dadson's a cool guy!

TRDood 11-24-2010 07:55 PM

Nick? Yes, there are two winners every year.

He's 1 of only 2 black guys in the whole department. Haha
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