What we saw in class was too basic... examples of these are not even in the book we are using.
Help is appreciated, thank you!
4)Find the total differential dz = zxdx + zydy for the following function:
z = 7x2ye
16)Find the total differential dz = zxdx + zydy for the following function:
z = (9y3) / (x-y)
This last one has economics application.
19)Consider the following system of equations:
Y = C + I0 + G0
Yd = Y - T (disposable income)
C = C0 + bYd
T = T0 + tY
A. Solve for the equilibrium level of output.
B. What is the government spending multiplier, dY/dG?
C. What is the balanced-budget multiplier (that is, what is dY when dG and dT exactly offset each other)?
D. Is this positive or negative? Greater than or less than 1?