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3. Suppose that in Australia, investment is $160 billion, saving is $140 billion, government expenditure on goods and services is $150 billion, exports are $200 billion and imports are $250 billion. a. What is the amount of tax revenue? What is the government budget balance? ?b. Is the government's budget exerting a positive or negative impact on investment? ?c. What fiscal policy action might increase investment and speed economic growth? Explain how the policy action would work. ?
Explain how can these limits to reimbursement be viewed as the exercise of monopsony power.
The relation among the number of technicians recruited per hour and the number of radiographs produced per hour is shown in the following table.
What is the firm's average variable cost as a function of its output level, y? What is the firm's average total cost as a function of its output level, y? What is the firm's profit maximizing level of output, and what is the resulting profit?
Why are there still poor people in America half a century after the implementation of a system of social welfare programs that were designed to end poverty?
Assume the US economy experiences deflation. Trace through the impact on the US macroeconomic variables to the effect on the FOREX rates.
The EU is an example of a trading bloc that coordinates laws to facilitate trade between member countries.
To what peak if anyone does Wal-mart feel itself affected by Federal tax policy
There is a shortage of college basketball and football tickets for some games, and a surplus occurs for other games. Explain why do shortages and surpluses exist for different games.
The firm need a combination of one unit of capital and two units of labor per hour to make ten units of output. The technology is such that an increase in labor has to be accompanied with an increase in capital, and a decrease in labor has to be a..
The Mor Tex Company assembles Garments by hand even though a textile machine exists that can assemble garments faster than a human.
Suppose the banking system is in reserve equilibrium. The Fed conducts an open market purchase of Treasury securities in the amount of $1 billion.
Ford executives announced that the company would extend its most dramatic consumer incentive program in the company's long history-- the Ford Drive America Program. The program provides consumers with either cash back or zero percent financing for..
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