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Calculate GDP loss if equilibrium level of GDP is $10,000, unemployment rate 8.8%, and the MPC is 0.75.
a) How much money should the government spend to eliminate this GDP loss?
b) Calculate the tax cut needed to eliminate this GDP loss.
Do you think that there is a “retirement problem” in the US, meaning that individuals and families are not saving enough for retirement? What three original pieces of evidence support your observations and conclusions (journal articles, studies, spec..
Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier?
Describe the Harrod-Domar growth model, and explain precisely how the model illustrates dynamic instability. Why is it often called the “knife’s edge model”?
q1. assuming the abc bank has excess reserves of 5000 it could prudently expand its loans by a maximum of?q2. the
A company has purchased equipment ( for $52000) that will reduce materials and labor costs by $12000 each year for N years. After N years, there will be no further need for the machine, and because the machine is specially designed, it will have no M..
When, if ever, is it acceptable for one state or groups of states to interfere in the domestic affairs of another state
Identify the point on the budget constraint this worker has chosen. Explain how much is he working per day.
Are monopolists guaranteed of making economic profits? Explain the long run equilibrium situation for a monopolistically competitive industry. Give two examples of industries that fit under this category.
part a a brawl in mickeys backyardread the discussion case a brawl in mickeys backyard question 1 in a chart diagram or
Which of the following types of economic regulation is most likely to encourage firms to engage in cost cutting? In monopolistic competition, firms compete on the basis of. Which of the following statements is FALSE concerning monopolistic competiti..
q.the subject is comparative advantage. will need four theoretical articles on this subject that can be posted for
Suppose you could get an individual insurance to protect you against the unauthorized access to your laptop. The chance that someone will gain access to your machine is 0.10. In that case you will incur a loss of $200 (valuable information becomes av..
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