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ssume taxes increase by $50 and government spending increases by $50. The marginal propensity to consume is 0.75. Explain how GDP is impacted as a result. (Your answer should be a dollar amount and you must show how you arrived at your answer.
the size of bank's reserve ratio and the public's ratio of cask to deposits are the describe of the amount of deposit money and the size of the money multiplier. explain these relationships
Rental cars should be treated as perfectly divisible. Be sure to provide numerical coordinates for any particularly key point.
Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
Elucidate proponets of free market systems argue that free enterprise leads to more efficient production and better responses to changing consumers preferences.
Decide whether the demand for paint is elastic, unitary elastic or inelastic. Explain you're reasoning also interpret your results.
illustrate what would need to reduce the supply of money if Canada was an open economy with a flexible exchange rate.
What effect did the tax have on LeAnn's output level. How LeAnn's did profits change.
A California grower has a 50-acre farm on which to plant strawberries also tomatoes. The farmer needs to know the number of acres of strawberries also tomatoes to plant to maximize profit.
Why might bad cars drive good cars out of the used-car market. Give at least two possible solutions to resolve this paradox.
Explain how do I draw a production possibilities curve for 2 products in an economy if a natural disaster affects one but not the other.
The government has decided to reduce the pollution also from now on will require a pollution permit for each ton of pollution emitted.
Elucidate how do your previous answers change in the special case where money demand does not depend on the expected rate of inflation
Outline the methodology of studying economics also utilize examples in your conversion.
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