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BT Vĩ Mô

1) The document contains two exercises that calculate economic indicators like GDP, trade balance, budget deficit based on changes in variables like consumption, taxes, imports, exports. 2) In exercise 1, GDP is initially calculated as 500 and changes in taxes, exports and government spending are used to recalculate GDP as 560. 3) Exercise 2 initially calculates GDP as 2250, and then recalculates it as 2300 and 2500 based on changes in exports and other variables, showing a transition from trade surplus to deficit.
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0% found this document useful (0 votes)
26 views2 pages

BT Vĩ Mô

1) The document contains two exercises that calculate economic indicators like GDP, trade balance, budget deficit based on changes in variables like consumption, taxes, imports, exports. 2) In exercise 1, GDP is initially calculated as 500 and changes in taxes, exports and government spending are used to recalculate GDP as 560. 3) Exercise 2 initially calculates GDP as 2250, and then recalculates it as 2300 and 2500 based on changes in exports and other variables, showing a transition from trade surplus to deficit.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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EXERCISE 1

Go +¿+ X − M −C .T o 85+10+160+100−30−0,75.100
a) Y =C o + I o + ¿= = 500
o o m

1−C m . ( 1−T m )−I m + M m 1−0,75. ( 1−0,2 )−0,1+ 0,2

b) T= 100 + 0,2 X 500 = 200 ; M= 30 + 0,2 X 500 = 130 ; G=G o=160


1
c) k= 1−C . 1−T −I + M = 2
m ( m) m m

d) ∆ T =20 ; ∆ X=10 ; ∆ G=5

G 2=G+ ∆G=160+5=165

T 2=T + ∆ T =100+ (−20 )=80

X 2 = X + ∆ X=¿ 100 + 10 = 110

Go +¿+ X − M −C .T o 85+10+165+110−30−0,75.80
Y =C o + I o + ¿=
o o m
=560
1−C m . ( 1−T m )−I m + M m 1−0,75. ( 1−0,2 )−0,1+0,2

EXERCISE 2

G o +¿+ X − M −C .T o 100+ 300+250+300−50−0,8.(0)


a) Y= C o + I o +
o o m
= =2250 ¿
1−C m . ( 1−T m )−I m + M m 1−0,8. ( 1−0,1 ) +0,12
Y p−Y 1 2500−2250
b) U t =U n + .50 %=0,05+ .50 %=0,1
Yp 2500
c) M =50+ 0,12Y =50+0,12 .2250=320
X = 300
Because M > X (320 > 300 ) => Trade Surplus
T = 0,1Y = 0,1 X 2250 = 225
G= 250
Because G > T (250 > 225 ) => Budget Deficit
d) T = G => 0,1.Y = 250 => Y= 2500
e) ∆ X=20
X 2 =X + ∆ X=320
Because X increase 20, so :
G o +¿+ X − M −C .T o 100+ 300+250+320−50−0,8.(0)
Y= C o + I o +
o o m
= =2300 ¿
1−C m . ( 1−T m )−I m + M m 1−0,8. ( 1−0,1 ) +0,12

M = 50 + 0,12Y = 50 + 0,12. 2300 = 326


Because X < M ( 320 < 326 ) => Trade Surplus
f)
1 1
f1) k = 1−C . 1−T −I + M = 1−0,8. ( 1−0,1 )−0+ 0,12 =2,5
m ( m) m m

∆ Y Y p−Y o 2500−2250
∆ G=∆ AD= = = =100
k k 2,5
−∆ AD −100
f2) ∆ T = C = 0,8 =−125
m

f3) ∆ G=∆ AD=−C m . ∆ T =−¿0,8 . (-125)= 100

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