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Consider the following model for the economy c=100+0.75(y-taxes) and I= 200, G= 50 and taxes+10+.16y. export=15 and imports= 5+.05y a- what is the equilibrium level of GDP? b- Suppose the level of investment is reduced by 50. What is the equilibrium level of GDP? C- Suppose the GOV spending raise spending by 100 and finances this increasing tax by 100 without change the rate income? Compute the new level of GDP from A
Give two reasons why the marginal cost curve is upward sloping. You will want to use a graph(s) as part of your answer. Be sure to explain in words what your graph(s) are showing.
Briefly describe cost-benefit analysis. Demonstrate understanding by applying the concept to an assessment of an immunization program.
The Belford family owens a farm near San Angelo, Texas. Three alternatives exist for how to use the farm: a.) Grow cotton. Cotton yield would be 500 pounds per acre. The price of cotton is $0.96 per pound and production expenses are $ 285 per acre.
Identify the assumptions associated with a firm operating under perfect competition and what the implications of those assumptions mean for its short run and long run decisions? Explain why market power leads to market failure and how this can be cor..
With the signing of NAFTA in 1994, the U.S.A., Canada, and Mexico entered into a trade agreement that had the potential to be much beneficial to all parties. Who was opposed to this free trade agreement? What were there reasons for being against it? ..
The GDP is a total market value of final goods and services produced within a country over time. Why is this a reflection of this country's cost of living so varied making expenditures.
Write a 4-5 page paper in which you: 1.develop and discuss a relationship that can be modeled with a simple regression.2. State the model in mathematical terms. 3. Estimate the model and interpret the meaning of the coefficient estimates.
Describe the economic status of South Korea. What types of economic activities are most prominent there? What factors have led to your region's growth or lack thereof?
Draw labor supply and demand curves for cashiers in Hadley supermarkets. Jeannette Wicks-Lim argues that the minimum wage could be raised without causing significant job loss. Why, in her view, would companies pay higher wages without laying off work..
Explain how entrepreneurial policy makers can incorporate pragmatism practices into their public policy research. Have pragmatism practices changed in the last twenty years?
q1. what is the rationale behind the mini-max regret rule? illustrate several less formal and precise methods of
The cash flows for two process alternatives, Machine A and Machine B, over a 15-year analysis period are shown below. Both machines require a refurbishing in the eighth year and the results in an increase in the annual benefit. Determine the incremen..
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