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What is the value of the average propensity to consume at $200 real GDP?What is the value of the average propensity to consume at $400 real GDP?What is the value of the average propensity to save at $200 real GDP?What is the value of the average propensity to save at $400 real GDP?What is the value of the marginal propensity to consume?What is the value of the marginal propensity to save?
Demand and supply situtaions in the perfect competitive market for unskilled labor are as follows, Estimate the industry equilibrium price or output combination.
Tests are supervised by skilled mechanics utilizing equipment produced by two leading competitors in the auto test equipment company
Illustrate what will be the actual dollar change in revenue and does it rise or fall.
If deficit spending -crowds out some private investment, could future generations become worse off? If external financing eliminates crowding out, are future generations thereby protected?
Assume a tax of t=$2 is attached to each unit exchanged in market. calculate the new market equilibrium and the deadweight loss from this change.
Derive the equation for the IS curve, derive the equation for the LM curve, explain why each of the following statements is true. Discuss the impact of monetary and fiscal policy in each of these special cases.
Bright Future, Ltd (BF) is a non-profit foundation providing medical treatment to emotionally distressed children. Determine the optimal amount of service provided by BF.
Suppose Home has 100 units of labor and 200 units of capital, while Foreign has 300 units of labor and 150 units of capital. Under free trade, which country would export cloth? Which country would export food? When the two countries start trading,..
monopolies produce where: MARGINAL REVENUE = MARGINAL COST
Assume that at current consumption levels an individual marginal utility of consuming an extra hot dog is ten whereas the marginal utility of consuming an extra soft drink is 4.
Mmachines of Newspaper vending are designed so that once you have paid for one paper; you could take more than one paper at a time.
Explain how does your organization go about estimating its sales. How does it estimate the demand for new products so that it can prepare a production run.
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