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Q1. Consider the following numerical example of the simple Keynesian model with no government spending or taxes (all figures in $millions): C = 100 + 0.9 Y I = 50 a). Illustrate what is the value of marginal propensity to consume (MPC) in this model? The marginal propensity to save (MPS)?
Q2. If two countries have different tastes also identical production-possibilities frontiers, whenever is it possible for each country to gain from trade with other countries?
Q3. Does aggregate accounting enable us to measure also analyze how much a nation is producing also consuming?
By what reasons financial crisis as well as either United States is going in right-wrong direction among its present strategies.
If the government raises your marginal income tax rates and uses the money in a way that does not affect you in any way.
Explain the types of incentives for providers for efficiency in the delivery of healthcare services.
One day you realize you're tired of smelling like refried beans all the time and begin thinking about starting your own business. After doing some investigation you decide to spend 15 hours per week running a photocopy service in your dorm.
The annual operating and maintenance expenses are estimated to be $1,000. If Convington's MARR is 15%, how many years will it take before this machine becomes profitable.
What do you think that Apple's ability to control the pricing of downloaded song is likely to change in the future.
Could trade help reduce poverty in Brazil and other developing countries. How do product and factor prices and wages eventually equalize between the two countries.
A major employer in a small town announces upcoming major layoffs of employees. What should we expect to happen to the consumption functions of the affected employees.
In economic terms, when the wage rate increases we sometimes see the number of hours worked by individuals decrease now.
Bob consumes two commodities: x and y. For what values of py will Bob buy y, and for what values of py will Bob buy only x?
One feature of a financial crisis is that there is a high demand for safe assets and a low demand for risky assets.
Divide the Banzhaf power index by the number of votersin state. Are votersin small states or are votersin big state more powerful, according to this measure.
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