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It is said that the upper income brackets tend to have a lower MPC than the middle or lower classes. How then is a tax cut given to the very wealthy likely to create jobs and economic expansion? Explain.
Illustrate the infant industry argument for putting up barriers to imports. What are its merits and weaknesses.
Describe the normal reasons why a currency undergoes asignificant depreciation and what were the importantcharacteristics of the Asian countries involved in the crisis?
martha stewart living omnimedia and hain celestial group have hired you to develop a marketing plan for the purpose of
Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change Does your answer depend on the marginal propensity to consume
measuring the economys performanceprepare a analysis by answering the questions below. be sure to cite your references
The supply of luxury boats is perfectly elastic, the demand for luxury boats is unit elastic, and with no tax on luxury boats, the price of luxury boats is $1 million and 240 luxury boats a week are brough. now luxury boats are taxed at 20 percent..
How much percent can we expect the price of rental apartments to rise after the law is enforced, if we know that we expect an additional rise in demand for rental apartments which will cause an additional 20 percent rise in the number of apartment..
Trade off liberalization conflict with morally-conscious environmental policies. While it is true that economic growth is necessary for general welfare
What interest rate would the bank have to charge to earn an expected rate of return on its loan equal to the T-bill rate - what would this indicate about investors expectations of future short term interest rates?
Firm A produces three products. Firm A uses labor costs as a cost driver for support costs. Direct labor is estimated at $20 per hour.
If the government imposes a quantity tax on the consumption of a good, it means that the consumer has to pay for each unit of the good its price plus the tax.
Assume that the initially equilibrium was 200 units and that this was also full employment level of income. Suppose that the consumption is C = 25 + 0.8YD,
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