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Describe expansionary/contractionary discretionary fiscal policies. Describe non-discretionary fiscal policies and explain when and why they col increase a budget deficit.
q.differentiate between management and leadership.describe the role and responsibilities of leaders in creating and
You need both equations and clearly labeled graphs (separate graphs for each question) to answer the following questions. Assume that b=1/2 and that initially the real interest rate is equal to the marginal product of capital at 3%. How much can we e..
In pre-Keynesian economics, it was generally believed that the demand for labor would equal the supply of labor such that unemployment would not be a serious problem. Demonstrate this argument both graphically and verbally.
Some say which we should propose an amendment to the U.S. Constitution which would need a balancing the federal budget
Suppose the demand for gasoline is QD = 75 – 25PD and supply is QS = 30 + 20PS, where prices are expressed in dollars per gallon. How does a $0.40 per gallon tax affect the equilibrium price and quantity of gasoline (show both the pre-tax and post- t..
the achievement of which will not selectively also materially benefit the membership or the activities of the organization" are called.
Consider a monopolist facing two customer groups. The first has demand p1 = 10 - q/2 and the second has demand p2 = 20 - q. The firm has marginal cost MC(q) = q, where q = q1 + q2 is the total amount sold. Suppose a regulator could set one per unit p..
More labor resources—What is the evidence for the United States and Japan? Look for Labor Force Statistics from the Current Population Survey and click the Most Requested Statistics icon. Find U.S. civilian employment data for the last 10 years. How ..
a) Determine the market equilibrium price if the demand and supply function is given as:
ECON131 - Quantitative Methods in Economics, Business and Finance - Write down an expression for the population in year
A primary cause of inefficiency in government is that. According to the survey reported in the text, most people believe that health related goods and services should be allocated by the ___ allocation mechanism. An illegal drug dealer will maximize ..
The FOC and local SOC for the firm's optimization problem can be used to prove the law of supply, meaning exactly: if the firm supplies a positive quantity at the current market price, then at a higher price it will supply a larger quantity.
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