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If income increases by $10,000, government purchases are fixed at $1,000, investment spending is fixed at $2,000, net exports are fixed at $500, and the marginal propensity to consume is 0.70, by how much does aggregate expenditure increase?
Can you explain this to me. Scatterplot Y=Weight in April X=Weight in September Histogram (Frequency Counts) Weight in September Histogram (Relative Frequency %) Weight in September Histogram (Frequency Counts) Weight in April Histogram (Relative ..
three oligopolists a b and c produce an identical product q. q is produced under conditions of constant costs that is
A bank currently has $70,000 in deposits, $6,000 in cash in the vault, $12,000 on deposit with the Fed, and $7,000 in government securities. The needed reserve ratio is 20 percent. Answer these questions: What could keep the expansions from happening..
a pharmaceutical company tested two new flu vaccines intended to boost immunity. in order to test the effectiveness of
1. what do you mean by quality of capital per worker? how does improvement in quality of capital affect economic
Increases in structural unemployment can result from a recession but are more commonly associated with other changes, such as the development of new products that replace old products.
Catfish farming in Louisiana is a perfect competition market. Hence, customers of catfish are getting their catfish at the minimum cost per unit of manufacturing catfish, and they are very happy.
Note that the first set of numbers represents the various incomes; whereas the second set of numbers represents the number of people earning each of these incomes. For example, in Avataria there are 50 people with the income of $100, 25 people wit..
what is an example of either a proposed or successful vertical horizontal or conglomerate merger with which you are
answer the following questions using examples and applications from the readings. justify your answers using economic
Rob and Leo have to write poems and knit quilts as part of a contest to win tickets to New York. The contest stipulates that the two people who have the most poems and quilts by the end of the day will each win a trip to New York. Rob and Leo think t..
Explain the relationship between the price elasticity of demand and total revenue. What are the impacts of various forms of elasticities (elastic, inelastic, unit elastic, etc.) on business decisions and strategies to maximize profit? Explain using e..
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