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According to a basic Keynesian model if government spending and taxes are increased by the same amount and at the same time, income will rise ( a la the balanced budget multiplier). Why don’t the two simply cancel out—meaning that income would not change?
a explain why the assumption of imperfect competition is necessary for endogenous growth models.b how might well
you have worked as a real estate agent for 10 years and are earning about 100000 per year with your current agency. you
in todays workplace employees are from three different generations baby boomers generation x and millennials. all three
abc inc. has 1000 shares of 5 100 par value cumulative preferred stock and 50000 shares of 1 par value common stock
Compute the average product of grain when each amount is used. Determine the marginal product of grain when between 1,200 and 1,800 pounds are fed, when between 1,800 and 2,400 pounds are fed, and when between 2,400 and 3,000 pounds are fed.
explain how rent seeking can lead to a drop in productin of goods and services. what role might the underground economy play in lessing the drop in productie activities
Students will conduct an analysis of a recent article and provide their evaluation and outcome expectations in a written paper of 1500-2500 words that discusses:
Microeconomic influences on Wal-Mart in Mexico) in this chapter illustrate the major theme of this text: changes in the macro environment affect individual firms and industries through the microeconomic factors of demand, production, cost, and pro..
What levels of G and T are needed to both move to full employment at Yf and balance the budget? Now assume economy is operating at full employment and that the budget is balanced. Suppose that the government imposes an income tax with a marginal t..
The cost of 150 H.P. compressors bought five years ago is as follows. For the first 50 compressors the cost was $2,000 per unit, and for the second 50 the cost was $2,400 per unit. Find the cost of 100 compressors of 200 H.P. rating today.
What is true about the relationship between marginal revenue and marginal costs when profit is the greatest?
What are some the kinds of incentives for providers for efficiency in delivery of healthcare services. Describe who bears the financial risk, the provider, the patient, or the managed care organization?
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