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Bush lowered taxes in the 2001 recession and his tax cuts continue. Obama has increased government spending through his stimulus packages. What effect should these expansionary policies have on the AD and AS curves? How should they shift? What should be the impact on GDP, and unemployment as a result of these shifts?
Elucidate what would you recommend as a course of action, if any. For the industry you have chosen, discuss how price moves from today to the future.
Utilize the information from the completed table also the graphs to identify the three stages of production also explain why the industry's short run production has only one ‘rational' stage of production.
You find that your paycheck for the year is higher this year than last. What does that mean that your real income has increased. Explain carefully.
Economic surplus could be increased at a higher price because firms would generate more revenue.
Jim Bradley is the director of the Bradley bakery. He has collected data on his store for the past year.
Suppose the S&P index is expected to fall by 1 percent over the next month. What is the expected return on PepsiCo's stock?
Social Security and Medicare are in financial trouble. The money will run out for the future generations if something is not done shortly. In detail, explain how you would save both systems for the future generation.
q1. given production function fxy cxabyb-awhere a b c are positive and bgtaa. discuss the returns to scale marginal
Compare your answers to part d of problem 2 with those of part a of this problem also elucidate why they are different
Explain how can each of the 10 principles be applied in an example or expeerience with which you are familiar.
Include the circumstances of the proposed monopoly and the reason the government stepped in. Predict what would have occurred had the monopoly succeeded.
For proportional tax system presented in table 7, illustrate what are average tax rates for people earning $50,000, $100,000 and $200,000. Illustrate what are corresponding average tax rates in regressive and progressive tax systems.
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