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Which can grow the economy and supply jobs faster: tax cuts or government spending? Discuss the effects of these policies in the short run and long run using Keynesian model.
An investment that brings $40,000 two years from today is worth what present value in terms of today’s money with an interest rate of 25%?
According to By the Numbers, approximately when was the last time the United States had a trade surplus? As a percentage of GDP, what was the highest trade surplus the United States has achieved? What was the highest trade deficit the United States h..
Consider the owners of a small lawn-mowing service. They can use one of two methods to mow lawns. Method 1 is to purchase a tractor that costs $200 a year to own and then spend $1 (for labor and gas) for every acre of grass cut. Method 2 is to spend ..
You borrow $42,000 and repay the loan with 6 equal annual payments. The first payment occurs one year after receipt of the $42,000 and you pay 8% annual compound interest. What is the payment size when interest is 8% compounded monthly, and monthly p..
How is it that higher tax rate can increase tax revenue in some cases, but a higher tax rate can decrease tax revenue in other cases? Relate this to the price elasticity of demand. (Excise Taxes)
Determine also show how much these firms will sell and what they will charge.
How might oligopolistic increase total revenue without changing prices.
Calculate the price elasticity of gasoline. Calculate the price elasticity of demand for gasoline. Calculate the elasticity of supply using the information provided. Calculate the changes in consumer and producer surplus. Because there is no viable s..
trace the evolution of work on the laissez-faire doctrine through two arcs. first those theorists who are trying to
Calculate MPC, MPS and the Multiplier if consumption expenditure increases by $4,250 as a result of increase in income from $40,000 to $45,000.
Which of the theories of comparative advantage could explain why the United States exports computers to Japan at the same time that in imports computer from Japan? Explain?
Assume that the marketplace for engagement rings is in equilibrium.
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