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Q1. Converse ‘deficit spending paves the road to ruin. If we keep it up the whole country will go bankrupt. Even if things do not go this far Illustrate what right have we to burden our children also grandchildren with these debts while we live high on the hog?' (Converse the size of recent deficits also accumulated national debt, elucidate how much of the national debt is held by foreigners?
Q2. Would you advocate monetary restraint or stimulus for today's economy?
Explain your answer what would happen to the value of gold if public discovered that it could simply be made at home from inexpensive materials.
Draw and show the change in the PPF when an outbreak of avian flu sickens millions of agricultural and industrial workers.
Does a persistent balance of payment deficits result in a pressure to devaluate the currency.
The expansion will cost $60 million and will be financed with $40 million in new debt initially with a constant debt equity ratio maintained thereafter.
The demand for bread will fall if more Americans go on a low diet. The cost of bread will fall due to the decrease in the demand for bread.
If each test provides$6 net marginal revenue before labor and capital costs, is expansion advisable? Show all your work and explain your answer well.
The developing country uses the $100 bank balance to import $100 worth of food from the United States (US).
The ending of company prepayments balance is expected to be the same as its beginning prepayments balance.
What are some fiscal policy recommendations being recommended by current leadership.
Air transport for businesspeople and tourists
Calculate price, quantity and social surplus for the initial state and each policy.
The two firms have the same demand curve P=100-4Q, Marginal cost of Firm 1 is 5 and for firm 2 is 10.
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