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Suppose households save 5 percent of their disposable income. If the government increases expenditures and taxes by $100 billion, by how much will saving decline? By how much will consumption decline? What happens to investment? (Assume a closed economy.)
Assume that the federal government increases spending on public works programs, such as highway construction, by $40 billion. How does this change in spending affect the aggregate demand curve Explain why the shift may be higher or lower than the ..
What factors do you think you control that will help you have a higher quality of health?
He has been offered a job at a large textile plant where he can make $20 per hour, but this would force him to close his business. His brother-in-law is a stock broker and tells him that he can get him a guaranteed 5% return on any money he choose..
Consider an industry in which chief executive ocers (CEOs) run rms. There are two types of CEOs: exceptinal and average. There is a fixed supply of 100 exceptional CEOs and an unlimited supply of average CEOs. Any individual capable of being a CEO..
Consider a two consumer exchange economy. Consumer 1 and consumer 2 have utility functions given by:u2=xy These consumers are initially endowed with: Compute each consumers demand functions for goods x and y.
In Bayonne, New Jersey, there is a large beauty salon and a number of smaller ones. The total demand function for hair styling per day is Q = 180 - 10P, where P is in dollars. The marginal cost function of all the small salons together is SMCF = 4..
Your credit union is willing to lend you $32,000 for your home remodeling project. You must sign a home equity loan that requires you to make payments of $395.00 at the end of each month for the next 10 years.
For proponents of antirecessionary fiscal policies, what advantage do automatic stabilizers have over other types of taxing and spending policies?
What are the arguments on both sides of this debate?
Suppose you are the manager of a watchmaking rm operating in a competitive market. Your cost of production is given by C = 200+2q2, where q is the level of output and C is total cost. (The marginal cost of production is 4q; the xed cost is $200.)
An engineer has a fluctuating future budget for the maintenance of a particular machine. During each of the first 5 years, $1000 per year will be budgeted. During the second 5 years, the annual budget will be $1500 per year.
Describe in detail how this organization manages the components of its IT infrastructure. In what ways does the organization demonstrate successful collaboration? Identify at least two types of hardware and two types of software used by this organ..
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