Constant term if the equation for the demand curve

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Q1. Qd = 8000 - 16P + 1.75 M + 30 Pg

if

M = $30,000 also Pg = $50,

Illustrate what is the constant term if the equation for the demand curve is written in the form

Qd = a - bP?


Q2. If deficit spending "crowds out" some private speculation could upcoming generations be inferior off? If exterior financing eliminates crowding out, are future generations, thereby protected?

Reference no: EM139535

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