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04-01-2010, 04:03 AM
Post: #1
 geniusthinker Junior Member Posts: 1 Joined: Apr 2010 Reputation: 0
hi every one,
I've just started doing accounting and I'm struggling with those tow questions. I would appreciate if any one could help or give a hint please.

<font color="red">1. Given that the information belw on the relationship between income (Y). the Rate of Inflation (Po) and the Rate of Unemployment (Uo), complete the given that social welfare SW=1/4SA*Po *Uo

Produce a chart of the completed table. Copy and paste the result.
Y 400 500 600 700 800 900 1000 1100 1200
Po (%) 2 2 2 3 5 8 14 21 32
Uo(%) 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.5 1.4
SW
</font id="red">
I donât see what does it mean 4SA ?
For the chart it is easy, the most important thing is how to calculate SA and the SW? because assuming we got the SA and then calculated the SW for each columnâ¦do I need to find out the total SW?
<font color="red">2. Assume now that the government has asked for your advice on framing its future Fiscal Policy. Given that a=5 and b=0.82, advice the government on the desirability of each of the following tax and spend options
(i) G=50, t=0.40
(ii) G=50, t=0.22
(iii) G=150, t=0.24
</font id="red">

Iâm thinking to use
Deflicit = T â G but I donât have T so I well use T=tY and as I donât have Y Iâll use
Y= (a+I+b)/(1-b(1-t)) but I donât have âIâ and at this stage Iâm stock!
06-11-2010, 10:10 AM
Post: #2
 dimitry Junior Member Posts: 1 Joined: Jun 2010 Reputation: 0

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by geniusthinker</i>
<br />hi every one,
I've just started doing accounting and I'm struggling with those tow questions. I would appreciate if any one could help or give a hint please.

<font color="red">1. Given that the information belw on the relationship between income (Y). the Rate of Inflation (Po) and the Rate of Unemployment (Uo), complete the given that social welfare SW=1/4SA*Po *Uo

Produce a chart of the completed table. Copy and paste the result.
Y 400 500 600 700 800 900 1000 1100 1200
Po (%) 2 2 2 3 5 8 14 21 32
Uo(%) 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.5 1.4
SW
</font id="red">
I donât see what does it mean 4SA ?
For the chart it is easy, the most important thing is how to calculate SA and the SW? because assuming we got the SA and then calculated the SW for each columnâ¦do I need to find out the total SW?
<font color="red">2. Assume now that the government has asked for your advice on framing its future Fiscal Policy. Given that a=5 and b=0.82, advice the government on the desirability of each of the following tax and spend options
(i) G=50, t=0.40
(ii) G=50, t=0.22
(iii) G=150, t=0.24
</font id="red">

Iâm thinking to use
Deflicit = T â G but I donât have T so I well use T=tY and as I donât have Y Iâll use
Y= (a+I+b)/(1-b(1-t)) but I donât have âIâ and at this stage Iâm stock!

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
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