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Suppose the governments of two different economies, economy A and economy B, implement a permanent tax cut of the same size. Investment spending in economy A is less sensitive to changes in the interest rate than investment spending in economy B. The economies are identical in all other respects. The tax cut will have a smaller impact on aggregate demand in the economy with the a) higher sensitivity to changes in the interest rate, or b) lower sensitivity to changes in the interest rate
According to the textbook, Bill Clinton re-defined welfare by creating the Temporary Assistance for Needy Families (TANF) program. TANF's key feature was its temporary nature. Conclude whether or not welfare assistance has become temporary. Provide e..
you are tasked with evaluating a project for reducing nutrient nitrogen and phosphorus loading into the gulf of mexico
1. in a perfectly competitive industry in the short run if the government places a per - unit tax on output which of
1. you have 600 to spend on beans and rice. the price of beans is 40 and the price of rice is 30.a graph your budget
consider the utility function ux y -8x -8y. find and expression for the marginal rate of substitution mrsxy at any
How many units should each plant produce to maximize profit at that price and a perfect competitive firm faces a market price of $10 for its output X
A small company wishes to set up a fund that can be utilized for technology purchases over the next six years. Their forecast is for $16,000 to be required at the end of year 1, decreasing by $2,000 each year thereafter. The fund earns 6 percent per ..
name and briefly describe one type of policy in which intertemporal preferences over consumption or production is
write a paper of no more than 700 words about the market for a health care good or service such as blood or organ
Assume that expectations of productivity are slow to adjust. Further assume that A had been increasing by 2% a year. Now suppose that A increases by 6% in period t. This increase in productivity growth will cause:
Write down some of the characteristics of perfect competition. Which kinds of industries come closest to perfect competition in the real world?
The U.S. Department of Education reported the following number of bachelor's degrees awarded now what is the annual arithmetic mean number of degrees awarded?
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