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Suppose that the government levies a $1.50 tax on a chocolate bar. What is the change in the quantity of chocolate bars bought, who pays most of the tax, and what is the deadweight loss?
c 200 0.8y - twhere c consumption expenditure i investment g government expenditure y ntional expenditure t
1) Write a paper analyzing different approaches that might be used by Keynesian theorists and 2) monetary theorists to promote long-run macroeconomic stability.
The inverse market demand curve is P=140-Q, and inverse supply curve is P=20+Q. Now Assume a commodity subsidy of $20 is given for each unit of production.
The functional finance approach to budget deficits would set the federal budget to promote an economy operating at potential output. What problems would you expect if the country were to employ this kind of budgetary philosophy
Suppose the following output and labor hours for Russia and Germany in producing Wheat and Cloths.
Assume the construction of the $360M stadium is to be financed entirely with debt to be repaid over twenty years. The repayment burden is negilible in short run.
desired consumption is cd 100 0.8y - 500r - 0.5g and desired investment is id 10 - 500r. real money demand is mdp y
Describe implications for pricing of batteries, brakes and oil changes on the sale of tires.
Do such technological advances contradict the law of diminishing marginal returns
Explain how will these events impact the equilibrium price and quantity of generic soft drinks.
Ruby's Beauty College of Grand Forks, Nebraska, is one of many local beauty colleges each specializing in different haircutting techniques. Rubys Beauty College would become considered:
The economic prices of international buiseness usually exceed the economic benefits in both the short-term and long-term.
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