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A paragraph or so, explain the differences between the public debt and the government budget deficit. Explain how deficit spending could be a burden to future generations.
elucidate why not and propose a mechanism that might solve your dilemma.
If Sammy refuses to contribute to the butterfly garden, he'll not be able to enjoy its benefits if it is built.
Illustrate what are implications for economic analysis if most people don't follow economic decision rule in many aspects of their decisions.
Suppose that nominal GDP in year 1 is 200 and nominal GDP in year 2 is 242. Assume that inflation is 10 percent per year. How fast did the economy grow between these two years?
Suppose that the economy is in long run equilibrium, producing the full employment level of output. Now suppose that workers and firms come to expect the Fed to embark on expansionary policy to increase the level of output. Use the graph below to ill..
Calculate the elasticity for each variable at that point and briefly comment on what information this gives you for each variable.
When all of the available factors of production are being efficiently used,
Other things the same, if technology increases, then in the long run
Suppose the demand and supply curves for a large cheese pizza are given by: Using the demand and supply functions above, the equilibrium price of a pizza is ____, and the equilibrium quantity is ____.
A site becomes wildly successful in the United States, and you decide to export overseas. Answer the following:
What is the impact of opening trade on the real rental on capital.
You borrow $500 from a family member and agree to pay it back in 6 months. Because you are part of the family, you are only being charged simple interest at the rate of 0.5% per month. How much will you owe after 6 months? How much is the interest?
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