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Consider an economy in which the current level of income is $600b, "the" multiplier is 4, the marginal tax rate is 20%, the current budget deficit is $30b. To increase income to $650b we require an increase in government spending of
a) less than $10b
b) between $10b and $15b
c) between $15b and $20b
d) over $20b
The United States is considering relaxing the trade embargo it has against Cuba, how would this affect Cuba's economy in both the short and long run?
The Justice Department's anti-trust suit brought against Microsoft did not result in the software firm being required to unbundle its Internet Explorer browser from its Windows operating system.
Identify the feasible membership options and express these as cost functions for the bank. Draw a graph showing the above options and explain how the bank's management should select the optimal one.
suppose that a firm is currently charging 45 for its product. the firm knows that its marginal cost of producing the
briefly discuss the economic political educational family and marital systems of a country of your choice. include a
If the demand for money becomes more insensitive to changes in the interest rate, equilibrium in the money sector will have to be restored mostly through changes in income. This implies a flat LM-curve.” Comment on this statement.
suppose that a car rental agency offers insurance for week that will cost 10 per day. a minor fender bender will cost
Independence Burgers serves fast food at its 300 franchised across the South.
What event marked the arrival of the Pacific Age? Please explain and what countries make up the APEC? When was it established? What is the APEC's share in global trade?
1 you are a factory owner who has just purchased a new machine for 5000. over the next year it would have cost you 1000
At what number of workers will you first experience diminishing returns? At what level of employment will total output be maximized with this plant size?
economists believe that when two countries specialize and trade , each will be able to buy goods in which the other specializes at a lower cost than it would take to produce these goods itself.
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