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Suppose the simple spending multiplier equals 10. Estimate the size and direction of any shifts in the aggregate expenditure line, the level of real GDP demanded, and the aggregate demand curve for each of the following changes in autonomous spending:a. Autonomous spending rises by $8 billion.b. Autonomous spending falls by $5 billion.c. Autonomous spending rises by $20 billion.
Assume that potential rural-urban migrant would work for two periods ( of some length) in either the rural or the urban area.
Assume the problems of maximizing solves the first problem if and only if it also solves the second problem.
Determine the profit-maximizing prices both firms will charge. In addition, calculate the price-cost margin for each firm and indicate which has more pricing power and why.
Illustrate what is the relationship between the trade situation, the value of the dollar, the national debt and the budget deficit/surplus.
Illustrate which of the following statements are examples of positive economic analysis. Which are examples of normative analysis.
Elucidate how these economic concepts can be used to address IBM's problems and opportunities. Identify which economic and political policies affect your IBM and explain how they impact business decisions.
Illustrate what is your forecast of the future value of the domestic currency. Explain.
Pam, having recently graduated from college, is looking to work for 2 years before she enters graduate school. She has received 2 job offers with the following salary structures:
Explain how does the democratic political system lead politicians to emphasize points outside the production possibility curve.
Describe the effect of such clauses on both the government, and other customers, noting, inter alia, the effect on the selling firmâ.
Discuss and explain the reasons why net income for a particular period does not necessarily reflect a firm's cash flow during that same period.
There are 10 identical firms that have the common cost function c(y) = y 2 + 9. The industry demand function is given by X (P) = 200/
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