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What is likely to be the effect of such increase in government expenditure on the budget balance for the government and on national debt if there are no other policy changes?
Firms in the market for soccer balls are selling in a purely competitive market. A firm in the soccer ball market has an output of 5,000 balls, which it sells for $10 each. At the output level of 5,000 the average variable cost is $6.00, the average ..
An economy has the following Cobb-Douglas production function: F(K,L) = K^1/6 (EL)^5/6. The depreciation rate is 1% and the saving rate is 48%. The economy is in a steady state, where the population decreases at a rate 1%, while real GDP per capita g..
Elucidate whether each of the following events shifts the short-run aggregate-supply curve, teh aggregate-demand curve, both, or neither.
Are any of the types of things that couples hide statistically independent of the gender of the respondent? Explain?
wyandotte chemical company sells a variety of chemicals to the automobile company. wyandotte currently sells 30000
An externality arises when a firm or person engages in an activity that affects the well-being of a third party, yet neither pays nor receives any compensation for that effect. If the impact on the third party is beneficial, it is called a (negative,..
Would company benefit by advertising in this perfectly competitive market. What would happen to price of toothpaste, would it rise or fall. What would happen to profits company makers.
Illustrate what is OPEC's optimal level of production? Illustrate what is the prevailing price of oil at this level.
Your firm is considering the purchase of a machine that costs $75,000. It will be used for six years, and will have zero salvage value at the end of the sixth year. The firm’s combined state and federal tax rate is 40% and its after-tax MARR is 12%. ..
When assembling data on selling price, sq footage, number of bedrooms, number of bathrooms, age of house and lot size, which variables are dependent and independent
Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Elucidate how these problems are int..
Illustrate what additional effects follow this initial effect. Illustrate what is total effect of tax cut on aggregate demand.
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