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Using Keynesian model and Classical model, analyzed the effect of balanced budget (when the government increases the government expenditure and tax by the same amount not to affect the government deficit) on output (Y), interest rate (r) and price level (P).
Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years. Discuss how government polic
The Mixing of dry powders is normally carried out as a batch process in either vertical or horizontal mixers. Vertical mixers have a movable bowl in which the contents are m
Assume that income and business taxes are zero and that the repayment of the principal of the loan does not start before three years. What would be the business (accounting
What are the values underlying the policy objectives? What values are revealed by the overt and covert objectives? What did the policymakers expect would be the result of the
Assuming the phone company has to charge the same monthly rental fee and unit price to all its customers, at what level should it set these charges?
The boat will be used for wakeboard instructing and will generate revenue of $100/hour. One instructional trip will use 4 hours on the boat's engine. Draw and simplify a cas
Suppose that the nominal rate of inflation is 4 percent and the inflation premium is 2 percent. 1.What is the real interest rate Alternatively, assume that the real interest r
Suppose the following production possibility table represents the province of Quebec. a. Construct the production possibilities frontier for cheese and tractors. b. Does this
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