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Assuming a basic four sector spending model ( Y = C+I+G+X-M) does an increase in exports have the effect of increasing, decreasing, or not changing the size of autonomous spending multipliers (that is, the investment or government spending multiplier)?
increases the size of the multipliers
decreases the size of the multipliers
does not affect the size of the multipliers
sketch a production indifference curve indicating that CCC can produce no more than 1,000 containers with this expenditure.
Under both President Bill Clinton and President George W. Bush, members of the opposition party in the Senate often blocked the president's nominations to district and circuit courts. Under what circumstances are such blocking actions a legitimate ex..
Illustrate what is the difference between the firm's short-run supply curve and its long-run supply curve? Make up an actual example to explain your answer.
When government becomes heavily involved in tax-transfer activities, how will this involvement affect economic efficiency.
A contractor is considering whether to buy or lease a new machine for her layout site work. Buying a new machine will cost $12,000 with a salvage value of #1200 after the machine's useful life of 8 years. On the other hand, leasing required an annual..
What are the five significant difficulties that policy makers encounter in making decisions? Advantages and disadvantages to communication tools. Be specific.
What would you learn about an economy if you determined that its GNP was growing more quickly than its GDP?
From the perspective of an executive with the firm, prepare a strategic plan to grow the business over the next three years. Your strategic plan must be future-oriented and must: Describe Porsche’s history and its 4Ps (Product, Price, Place, and Prom..
Consider each of the following events. For each, identify whether it should be included in the U.S. BOP table; where relevant, determine whether it is a debit or credit entry; and calculate the statistical discrepancy entry for the U.S. BOP table. Fo..
Explain carefully how the rate of inflation and the length of the holding period (how long a durable asset is owned) affect the burden of the capital gains tax for the owner of an asset. Explain what the lock-in effect is for capital gains that are t..
In a competitive market, the demand and supply curves are Q(p) = 12 - p and S(p) = 5p respectively. Consumer surplus in this market equals? What percentage of the total surplus is lost if the government imposes a sales tax (ad valorem) of 20% collect..
Why are trade agreements important for the various countries involved? How is international trade related to the U.S. standard of living as opposed to the standard of living of a small industrial nation or a developing nation
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