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The marginal propensity to consume and the marginal income tax rate are 0.9 and 1/3, respectively. The budget deficit is observed to increase by 90.a. What change in investment would account for this?b. What change in government spending would account for this?
Explain in briefly about two paragraphs the supply and demand analysis and the impact of government regulations at McDonalds.
Assume you are the plant manager for Bravo Pork Rinds, which produces pork products in a market that approximates perfect competition. Due to a slow economy, business has been slow and you are losing money every month. The owners have asked you wh..
Suppose the price of widgets rises from $5 to $7 and consumption of widgets falls from 25 widgets a month to 15 widgets. Calculate your price elasticity of demand of widgets. What can you say about your price elasticity of demand of widgets? Is it..
Illustrate what is the correlation between all of these, and the level of unemployment and spending therefore GDP.
Illustrate what is the relationship among the variable selected and the economy. What trends do you see in the data sets.
Answer the next three questions on the basis of the following production possibilies data for Francia and Galacia. All data are in tons.
Use the firm's isoquant-isocost diagram and the firm's marginal cost curve to explain and illustrate the output and substitution effects of a decrease in the price of labor.
The long-run growth rate of potential output is 3% per year, velocity is constant, the money supply grows at a rate of 5% per year. Initially, actual output equals potential output. The nominal interest rate is 3.5%. Prices are sticky in the short..
Provide reasons to explain what the government would have to do to keep the unemployment rate
What if you lived on a tropical island with such abundant fish and game, fruits and berries, natural shelters like caves, and firewood that the citizens did not have to work and GDP was very low Would the citizens' sense of well-being be lower tha..
If the customer surplus is small, does it mean that the demand will be greater for regulation or the supply will be smaller for regulation.
Explain how would you assess the overall financial health of your organization. What are good and bad signs, if any, in your outlook.
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