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If the multiplier is 15 and the government increased government spending by $30 billion, holding all other factors constant, how much would real GDP increase?
If the government decreased government spending by $30 billion, how much would real GDP decrease?
1. A firm has a lower average cost of production today than it did one year ago, without any changes in the quality of the good produced. The prices of inputs to production are unchanged. It follows that this decline in average cost must be the re..
Describe whether the present situation in Iraq presents new opportunities for DWI to expand its market share into Iraq, the legal and ethical risks and benefits.
Illustrate what are automatic stabilizers. What are some examples. What are your thoughts about the limits of fiscal policy.
Consider the relation below, ONLEAVE, which lists the faculty members who are on leave (Faculty_Name). Each Faculty Member's name is UNIQUE. Each Faculty Member belongs to only one DEPARTMENT. Each DEPARTMENT, has one CHAIR. The Primary Key of thi..
Assume Px = 5, Py = 2 and Income =540. If a consumer has a MVx = 2x/y, is it possible for her to achieve an interior solution? If so, what is the solution? If not, why not?
Compute the income elasticity of demand for product below, by using average values for quantities and incomes.
Some economists did a study of market for economists in Britain. They discover that the quantity demanded was about 150 per year, and that the quantity supplied was about three hundred per year
Write your individual answers to the questions listed above together in essay format (minumum of 300 words combined in APA style), using correct economic terms covered in the discussions. If you only write 300 words, you probably won't be able to ..
Write down the equation of the budget line.
Demonstrate each of the following events by a production possibility frontier graph, and examine what the effects of it were on economic growth;
How will the entry of firms such as Apple, Google, Amazon, Hulu, and Comcast into the business of streaming movies affect Netflix? Why do some analysts question whether Netflix can survive against these competitors? To survive, what must Netflix do?
Local government in a west Coast college town is concerned about recent explosion in apartment rental rates for students and other low income renters.
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