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on average, does an increase in taxes raise or lower real gdp? if taxes as a percent of gdp go up 1 percent, by how much does real gdp change? are the decreases in real gdp caused by tax increases temporary or permanent? does the intention of a tax increase matter?
A. if the rate discount is 20 percent, A. would you rather receive $ 100 today or $ 120 in one year ? B. would you rather receive $ 205 today or $ 240 in one year ? C. would you rather receive $ 500 in one year ?
How would you respond if the price of gasoline doubled over the next two years What alternatives do you have for buying gasoline Could you change to zero consumption of gasoline in the short run In the long run In the short run, when the price of ..
Utilizing the midpoint formula, elucidate the price elasticity of demand for Coke at these prices.
Assume the Federal Reserve sells government securities from its existing holdings to the financial sector and the non-bank public.
Ceteris paribus, Diet Cola Brand X and Diet Cola Brand Y are substitutes in consumption. The price of Diet Cola Brand Y falls. a. What happens to the demand for Diet Cola Brand X? b. What happens to the demand for Diet Cola Brand Y?
Mr. Capon is a butcher who recently increased price of steak at his market from $1:50 pound to $2 a pound. Correspondingly his sales dropped from 200 pounds a day to 100 pounds a day.
Which of the following goods or services would be most likely to be subject to (1) external economies of scale and (2) dynamic increasing returns? Describe your answers.
Plato, a Greek philosopher who lived from 427BC to 347BC, famously wrote that, "Necessity is the mother of inventions."you agree with this statement.
Suppose that the Japanese government relaxes its controls on imports by Japanese companies. Other things being equal, how should this affect the.
Please describe in detail that the Federal Reserve's Interest Rate Policy and Economic Recovery. If you give information from somewhere else please give me the reference so that I can dig deeper to better understand.
If the industry is regulated and the regulatory authority forces Widget Corp. to earn only a normal return on investment (which is included in its cost function), what is the resulting equilibrium price and quantity. What happens to consumer surpl..
Illustrate what are monthly fixed costs, quasi-fixed costs, and variable cost for Exquisite Portraits Inc.
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