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In a simple economy (assume there are no taxes; thus, Y is disposable income), the consumption function is:
C = 500 + 0.75Y.
The current level of real GDP is $6000
At this level of real GDP, consumption will be $___, and savings will be $___. If GDP were to increase by $1000, consumption would increase by $___. (round your responses to the nearest dollar.)
At a real GDP levelof $6000 the average propensity to consume is ___, and the average propensity to save is ___.
Assume the US increases tariff on automobiles imported from Germany and other foreign nations. Determine the effect of this tariff-rate increase on
Which of the following is the result of competing through advertising for a monopolistically competitive firm? Which of the following is true about advertising?
Discuss market trends that the organization will face. Explain your conclusions. Address how each of the following will change or will not change.
Assume that the following table describes prices, incomes, and every person lobster consumption in three U.S. cities.
Utilize the Heckscher-Ohlin and factor proportions framework with two factors, skilled and unskilled labor.
The size of the worker force in a community these folks are gainfully employed What is the unemployment rate.
Illustrate what yield curve shape is depicted if intermediate term tresury securities yield
If you increase the vakue of your goods but sell more units is this a violation of the law of demand and how could input suppliers ever lower your profits?
ACME Corporation consists of 250 grocery stores throughout the Midwest. At the starting of 2008 its statement of net worth showed the following data,
Val Hawkins borrowed $15,000 at a 14% yearly rate of interest to be repaid over 3 years. The loan is amortized into three equal annual end-of-year payments.
Illustrate what policy options are available to the government to counter the effect of a sharp fall in real estate values on the economy.
Should the company invest in new plants, equipment, or technologies. Should the firm consider a merger with another company. Explain your reasoning.
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