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Q1. Consider the following numerical example of the simple Keynesian model with no government spending or taxes (all figures in $millions): C = 100 + 0.9 Y I = 50 a). Illustrate what is the value of marginal propensity to consume (MPC) in this model? The marginal propensity to save (MPS)?
Q2. If two countries have different tastes also identical production-possibilities frontiers, whenever is it possible for each country to gain from trade with other countries?
Q3. Does aggregate accounting enable us to measure also analyze how much a nation is producing also consuming?
What can you provide as advice to a manager concerning their choice on the quantity of labor and quantity of capital.
Can you find a Nash equilibrium in pure strategies that is not efficient. Find the sub game perfect equilibrium as a function.
Which of the variables above is NOT statistically significant at the 0.05 level.
Evaluate the impact globalization on domestic governance. Identity and explicate at least three significant factors requiring domestic changes.
On the same day, the San Francisco Chronicle had an article with the headline "Sharp Drop in Bay Area Home Sales"
Calculate the price and quantity associated with the perfectly competitive outcome.
What is the social optimum quantity and price. Calculate the total surplus in the market equilibrium, at the social optimum and with the tax.
Clarifying resource demand as well as differs from those determinant product demand.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
Mining is proposed for a wilderness area that provides two benefits: recreation due to backpacking opportunities and biodiversity there are endangered wildlife and plants.
Explain how the MAS have successfully used exchange rate policy to achieve price stability for the last two decades.
Assume a one-time decrease in population, possibly caused by an onset of disease or a sudden out-migration.
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