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Which of the following is emphasized by supply-side economics?
1- The impact of marginal tax rates on aggregate supply.
2- The impact of budget deficits on the rate of taxation in the future.
3- The impact of budget deficits on interest rates and aggregate demand.
4- The impact of government spending on aggregate demand, output, and employment.
different products have different price and income elasticities. heart medication for example is price inelastic and
Given the current state of energy use, which continues to grow exponentially in such countries as China and India, what measures can the United States and other Western countries take to produce more fuel-efficient
Explain who has a comparative advantage in the production of oranges and who has the advantage in the production of apples. (Show all math involved in your answer)
the cost of pollution in billions of dollars originating in the paper industry is cp2p p2where p is the quantity of
Explain the importance of price elasticity of aggregate demand. That is, what are the different welfare implications with respect to consumer surplus when aggregate demand is elastic compared to when aggregate demand is inelastic?
Which variables typically are negotiation points in an LDC multiyear restructuring agreement (MYRA) How do changes in these variables provide benefits to the borrower and to the lender
How much will each firm produce and what is the shut-down price for the firm - What is the largest quantity the firm can produce where the cost minimizing choice is to produce everything with production process 1?
a.)define the concept of economic models b.)define scarcity and choices and their relationship in the study of economics c.) why do economists disagree d.) Name and define economic resources or factors of production
Externalities are third party consequence of some other action. They can be positive or negative externalities and they impose a benefit or cost to a third party.
What are "normal" goods? Give an example in our current economy and what are "inferior" goods? Give an example in our current economy.
If this country wants to reduce its inflation rate, state which of the following monetary regimes is least likely to succeed: exchange rate target, money supply target, nominal interest rate policy. Which approach is most likely to succeed
why do economists pay little attention to the algebraic sign of the elasticity of demand for a good with respect to its
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