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Q1. Assume the following model of expenditure sector:Sp = C + I + G + NXC = 420 + (4/5)YD YD = Y - TA + TR TA = (1/6)YTR0 = 100I0 = 160G0 = 180NX0 = -40
If the government would like to increase the equilibrium level of output (Y) to the full-employment level Y* = 2,700, by Explain how much should government purchases (G) be changed?
Q2. Evaluate the impact globalization on domestic governance. Identity and explicate at least three significant factors requiring domestic changes.
The annual operating and maintenance expenses are estimated to be $1,000. If Convington's MARR is 15%, how many years will it take before this machine becomes profitable.
Find Equilibrium GDP (Y). If potential GDP is 1950, is the economy in a recessionary or inflationary gap. Suppose that the MPC, falls to 0.75, so C = 0.85DI. Find Equilibrium GDP.
What do you imagine about the interest on payday loans is too high or just right.
How would Keynesian solve a recessionary gap using personal tax rates.
Winston Churchill once thought that democracy is the nastiest form of government except for all others.
A Monetary History of the United States, 1867-1960 uncovered the empirical reality that money is pro-cyclical and leading, the classical economists went to the drawing board.
Alex's Furniture Mart produces and sells tables in a perfectly competitive market. When Alex's Furniture Mart produces and sells 250 tables.
In a few sentences, what effect does the current supply and current demand have on this product.
Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $10, the cost of mowing the second Lawn is $12, and the cost of mowing the third lawn is $15.
Analyze the reasons for and against the merger and assess the actual performance of the consolidated company against the pre-merger expectations.
Is it a local, regional or national monopoly. What are some of the Barriers to Entry into this industry.
If you were a supplier to the furniture producer, would have chosen to see the analysis performed in physical sales units rather than dollars of revenue.
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