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Calculate GDP loss if equilibrium level of GDP is $10,000, unemployment rate 8.8%, and the MPC is 0.75.
a) How much money should the government spend to eliminate this GDP loss?
b) Calculate the tax cut needed to eliminate this GDP loss.
A firm operating in perfect competition receives $45 for each unit sold. The form has a variable cost of $25 per item and a fixed cost of $1600. What is the profit for the firm if it sells?
Purpose of the business in terms of the product or service you intend to provide through your business
What level of output should you produce in the short run?b. What price should you charge in the short run?
Dogs kept in a backyard and are barking constantantly are notorious in most city neighborhoods. Do these dogs pose a negative or positive externality? What (if anything) should the city do about these externalities?
Illustrate what would the benefits of each action be (besides emissions reduction). Illustrate what would the costs of each action be.
q1. which one cash flow or net income do you think is more important to apple inc final project company and more
q.1. a. differentiate between monetary policy instruments and monetary policy toolsb. describe the two key tools of
Let's assume the money supply is 'backed' by the real GDP, which it is. If the money supply were to increase faster than the real GDP did, what would happen to prices, and why? What would happen if the money supply couldn't grow, as it couldn't, when..
As an economist, what good do you think each of your companies have a comparative advantage in. Why. What would an economist say was the cause of the price of your stock rising, falling or staying the same? Be specific regarding the determina..
A company offers $2.5 million for the rights to a patent. If the patent can bring in $500,000 in royalties over the next six years, should the offer be taken? Assume an interest rate of 6% per year.
Illustrate what is the product maximizing level of output for this producer. Will the producer make a positive profit at this level of output.
q. 1. what is the difference between marginal and total utility?2. can marginal utility be negative? provide an example
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