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Evaluate the federal fiscal policy and monetary policy in terms of the Austrian approach to macroeconomics and the Structuralist Keynesians. While preparing your answer, pay particular attention to their impacts on the national economy and income distribution.
Suppose that Mimi plays golf 5 times per month when the price is $40 and 4 times per month when the price is $50. What is the price elasticity of Mimi's demand curve? Use the Midpoint Method to answer this problem.
What would be the new equilibrium exchange rate that would make purchasing power parity grasp for laptops.
Assume which an innovation reduces a industry's fixed costs also reduces cost from ATC to ATC. Before the innovation reduced the cost, the industry's maximum economic profit was
Contrast the LLP form of business under state laws to the LLP for tax purposes. Next, suggest the major reasons why a new entity would choose an LLP over a traditional partnership for tax purposes
Illustrate what is area of employment why has this shift occurred in illustrate what direction would shift in labour supply and demand go. Illustrate what would be its effect on equilibrium of labour market.
Suppose an individual is currently buying 10 CDs a year at a price of $10 (per CD). The price of CDs then goes up to $15 each but she simultaneously gets an after tax raise of exactly $ 50. Assuming NO other price changes, determine the well being..
Explain it surprising that the company's revenue increased when it decreased the average selling price of its phones.
Compute most favorable output also profit for each firm and the market price. Also, compute the resulting profit of cartel.
Determine impact on income of a 50 increase in government spending from 250 to 300. Using original data, compute impact of a 50 decrease in taxes from 125 to 75.
Tom consumes positive quantities of both jam and juice. the price of jam is 5 cents per unit and the price of juice is 10 cents per unit. Her marginal utility of jam is 10 and her marginal utility of juice is 55. Without changing her total expenditur..
We are interested in checking if larger cities have higher rates of influenza than we would expect just from them being larger (Does a 1% increase in population result in a more than 1% increase in Influenza). Compute the t-statistic and determine if..
Demand for airline tickets fluctuates throughout the year, which affects the price of an airline ticket. Suggest the type of game that may be most appropriate for a specific airline to play to address the differences in demand and elasticity and the ..
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