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Q. Using aggregate demand, short-run aggregate supply and long-run aggregate supply curves, explain process by which each of following government policies will move economy from one long-run macroeconomic to another. Illustrate with diagrams. In each case, illustrate what are short-run and long-run effects on aggregate price level and aggregate output? There is an increase in taxes on households. There is an increase in quantity of money. There is an increase in government purchases.
If Frank's salary as a sales manager was $70,000 instead of $100,000 would your answer be different.
Explain the role culture may play in influencing entrepreneurship both at the individual and social level. Define culture in your response.
illustrate what is the corresponding marginal cost function. at illustrate what o/p is AVC at its minimum.
What is the value of the economic's MPC. Data applies to an economy with only two sectors-households and firms no government or export.
describe how current economic conditions affect your organization or one with which you are familiar. Identify most important economic indicator affecting your organization and elucidate why.
Calculate total economic surplus under monopoly also competition. The difference is the social cost of monopoly
A state government wants to provide incentives for single parents to enter the labor market and become engaged.
Explain why might Industries in industries with high fixed costs be inclined to prevent strikes or end strikes quickly.
Which of the following institutional arrangements is most likely to promote growth.
Choose a country other than the country in elucidate which you currently reside elucidate which has not already been selected by another student also research the EIU country data.
Explain the Miami plant which is closed or continue to operate at a loss in short run.
What is the equivalent annual worth of costs for the website over a total of 6 years at an interest rate of 12% per year.
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