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Keynesian economists argue that deficit spending promotes economic growth because it stimulates aggregate demand in the economy. Monetary economists argue that the benefits of deficit spending are offset by the crowding out of private investment. Graphically show how crowding out can reduce private investment.
Southcoast Oil's fixed costs are $2,500,000 and its debt repayment requirements are $1,000,000. Selling price per barrel of oil is $18 and variable costs per barrel are $10.
An industry is composed of 20 firms, all with equal sales. The Herfendahl Index ratio in this industry is a. 1000 b. 500 c. 800 d. This cannot be determined from the information given.
the nation's largest consumer electronics retailers began a nationwide television advertising campaign kicking off its "Take It Home Today" program, which is designed to encourage electronics consumers to buy today rather than continue postponing ..
If the government were to make university attendance mandatory and subsidize tuition costs with tax dollars, how might this affect a nation's economic growth?
For each of the following supply curves, calculate the level of output Q at which the elasticity of supply = 1, and indicate whether supply is elastic or inelastic at levels of Q less than this point and at level of Q greater than this point.
All loans shall be computed at an annual percentage interest rate
Is energy efficiency the same thing as economic efficiency and under what circumstances would the energy-efficient automobile described here be economical efficient?
1. consider the budget set of an individual who consumes health care hc and all other goods og . set up the equation
If the economy is at point C, what is the cost of one more automobile? One more rocket? Explain how the production possibilities curve reflects the law of increasing opportunities costs
Suppose that you have just read a review of the literature of the effect of beauty on earnings.
1. which of the following statements is correct?a. real gdp is the total market value of the final goods and services
the average cost per seat on the 50-passenger floating on air bus companys trip from kansas city to st. louis on which
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