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Suppose that an increase in consumer confidence raises consumers' expectations about their future income and thus increases the amount they want to consume today. This might be interpreted as an upward shift in the consumption function. How does this shift affect investment and the interest rate?
How many popsicles will be sold/supplied each day in the short run if the price rises to $4 each per day
Illustrate what did society gain from having brand name chicken. Illustrate what did society lose.
What happen if he goes to market, he must feed the horse 50lbs of rice. draw the budget constraint for beans and rice
If this were the case would there be any automatic stabilizers in the government economy. Would there be any distinction between the full-employment deficit also actual budget deficits.
illustrate what does the efficient market hypothesis say will happen to the price of the stock when the $4 loss is announced.
Describe the long-run effects of patent expiration on prices, output and profit in a monopolistic industry.
You are asked whether current antipoverty policy meets three generally accepted goals of helping, minimizing cost, preserving work incentives also what changes you would favor and why.
explain why an increase in the wage rate for autoworkers will generate more of a negative employment response in the long run than in the short run
Compute the point elasticity of demand at this TR-maximizing price also quantity. Does the elasticity have the expected value.
If the table represents the demand faced by a monopoly firm, then Illustrate what is which firm's marginal revenue as it increases output from 1300 units to 2200 units? Elucidate how all work.
Iran subsidizes gasoline, leading to a cost to consumers that is one-fifth the market cost.
explain how much the minimum wage was, employers would still be more likely to pay it.
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