Economics Homework Help

I don’t understand this Macro Economics question and need help to study.

Question 1 (3 points) The data you go over it on discussion 1 (table 17) show the following information for 2020:

• National income = 2,531,405,827,955 SAR.
• Consumption equal 882,014,193,786 SAR.
• Government expenditures equal 559,740,919,125 SAR.
• Export equal 1,052,569,677,925 SAR.
• Import equal 559,656,239,832 SAR

Solve for the following:

• National saving.
• Investment.
• NCO

Question 2 (1 point) What is automatic stabilizer? You can answer this question on only one sentence.

Question 3 (1 point) one of the six debates of the macroeconomic policy is:

• Should government fight recession with increasing government spending or tax cut.

Briefly Explain that debate. This is only one to two sentences.

Question 1 (1 point) Define financial markets?

Question 2 (1 point) Explain how budget deficit affect national saving, investment and interest rate?

Question 3 (1 point) According to the Saudi Central Bank; money supply (M3) in Saudi Arabia was 2,204,765,000,000 SAR on April 2021 & it was 2,213,415,000,000 SAR on May. If the Required Reserve from the SCB is 10%; Calculate the money multiplier & by how much money supply will increase? First, calculate the money multiplier and then multiply the difference between new and old money supply by the money multiplier to find the increase in money supply.

Question 4 (2 points) Real GDP in Saudi Arabia is 2,531,405,827,955 SAR. If the Price level is 20 SAR and money supply is 2,213,415,000,000 SAR. Calculate:

• Nominal GDP.
• Velocity? And briefly explain in words what does this number means. (explain only on one sentence)