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Consider the argument that government spending and borrowing harms long-run economic growth.
A. Is this most likely to happen if the private spending crowded out is consumption spending or investment spending? Briefly explain.
B. In terms of the impact on long-run economic growth, would it matter what the additional spending/borrowing funded? In other words, would it have a different impact on economic growth if the spending went to highways, weapons systems or parks?
The south african government is not providing enough welfare to the poor
Your civil engineering consulting firm is going to purchase a new computer-aided design (CAD) system at a cost of $100,000. The CAD system will have no salvage value at the end of its useful life of 5 years.
During the 4th-quarter of 1993, real GDP in US increase at an yearly rate of over 7 %. During 1994, the economy continued to expand with modest inflation
Find the total product, average product and marginal product for integer values of L from 1 to 9. Plot the total product on a graph and the average and marginal product on another as shown in class.
The purpose of advertising & other forms of non-price competition by a firm is to shift the Demand curve to the Right or Left.
Assume that the monopoly faces the inverse market demand function: What should be the monopoly's profit-maximizing output?
With the help of an example discuss the characteristics of globalization. What are the factors that contribute to the attractiveness of a country as a market or investment site? What are the implications of cultural differences for international busi..
Show that the optimal amount of the public good isthe same in every Pare to efficient allocation. What is this amount? Will the optimalamount of the public good change if the initial wealths of the two individuals change?
How much would Wyandotte have to reduce the price of polyol to achieve a 15 percent increase in the quantity sold? Evaluate the impact of such a price cut on(i) total revenue, (ii)total costs, and (iii)total profits.
what is the opportunity cost of investing in capital do you think a country can overinvest in capital what is the opportunity cost of investing in human capital do you think a country can overinvest in human capital
This is a challenging question and involves algebraically solving system of two equations given by AD abd AS curves. The equations for the curves are given through the following:
Discuss if you agree or disagree with this statement and explain your position: Market equilibrium (price and quantity of equilibrium) is just a theoretical result.
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