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Suppose that the real interest rate in an economy is 6%. Real GDP grows by 2.75% a year. The new chief economic adviser to the government argues that a tax increase of $20 billion will generate huge bene?ts because the real interest rate is much larger than the growth of GDP, so that tax rates will be lower on future generations forever. What is wrong with this argument?
Make a monthly sales forecast for the firm for 2001. Why would the managers of the Chemical Company want monthly sales forecasts of this kind.
Using the following data calculate Disposable Income:
Women have increased the amount of education they have achieved relative to men, and average years of schooling completed are now approximately the same for males and females. Human capital theory predicts that this would close the male-female.
A state highway department is trying to decide whether it should"hot-patch" a short section of an existing county road or resurfaceit. If the hot-patch method method is used, approximately 300cubic metres of material would be required
Trade between the United States and another country in any one of the following areas: customer support services, garments, medical services, or technical products. Discuss these points: a. How is this trade arrangement beneficial
In a closed economy without a government sector, consumption is determined as 80% of the income available to households. Investment is autonomous at a level of £450.
Prepare an salary statement for the month utilizing the contribution format and the variable costing method.
In the Keynesian, Classical, as well as Solow model, Elucidate the impact of an increase in production technology
Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change? Does your answer depend on marginal propensity to consume.
Assume the marketing environments of each country comprising but not limited to cultural, political, legal, and economic influences.
these answers have to be a short paperthey must include references if used in the paper to prevent plagiarism.the book
suppose demand and supply are given by qd 50 -p and qs12p-10.a. what are the equilibrium quantity and price in this
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