could u answer me please,I'v 2 questions

geniusthinker

Hi every one I've just started doing accountancy and I've those 2 questions. I hope that some one help or give a hint to solve them please.


1. Given that the information blew 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

I don’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 column…do I need to find out the total SW?

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
making clear the reasons for your advice.

I’m thinking to use :
Deflicit = T – G but I don’t have T so I well use : T=tY and as I don’t have Y I’ll use :
Y= (a+I+b)/(1-b(1-t)) but I don’t have “I” and at this stage I’m blocked!

Ideo

I think you might have better luck in the economics forum