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Q. Electoral College system take a country named know land that has. Suppose there are 9 small states in know land where each have 1 million people in. For minimalism, we will say so as to these ten states each has a population of 1. There is also one big state in know land that has a population of 6 (million).
Suppose the states with a population of 1 get a total of 2 votes in Electoral College and the bigger state gets 7 votes in Electoral College. So there are a total of 25 electoral votes to be won. A candidate needs to get 13 electoral votes to win the election.
Explain the viewpoints of classical and Keynesian economists. How did the economy that existed at the time of these theories influence them? Which theory is more appropriate for the economy today? Why?
Assuming that there are no direct expenditure offsets to fiscal policy, how much should the government increase taxes?
What was the amount of the equal annual end-of-year payments for each of ?rst 3 years? b. What was the amount of the equal annual end-of-year for each of the last 3 years?
Construct a market basket using a graph. calculate the price index based on the basket. Decide quantity and estimate current prices for each product.
A December 2007 issue of The Economist contained the following quote in an article about Germany: "The government has just chopped the payroll tax that finances unemployment insurance, which should encourage employment." Comment on this statement,..
Assume an economy with an aggregate production function of the form Y = 1.5K. If the nation’s population grows at 5%, the rate of depreciation is 3%, and the savings rate is 8%, what is the steady-state output per capita level?
Illustrate what would be the effect of poor weather on the consumer surplus, producer surplus, deadweight loss.
Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil.
Elucidate the price elasticity of demand for NBA games after the ticket increase. Is demand elastic or inelastic. Is the increase a sound financial move. Why or why not.
If Jud offered the Krauses one price and inadvertently typed a different, higher price into the contract, can Jud be held to the typewritten amount?
Suppose a monopolist manufacturer sells his products through a monopolist retailer. The marginal cost of production is c = 5. Assume that retail demand is Q(p,s) = s(10-p)100, where s is retailer's level of effort to sell the product. The cost..
To be useful, market segments must rate favorably on five key criteria. In the ________criterion, effective programs can be formulated for attracting and serving the segments.
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