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Suppose the economy has no income taxes or imports. How is the size of the expenditure multiplier related to the marginal propensity to consume? What is the multiplier if the MPC equals 0.25? If the MPC equals 0.50? If the MPC equals 0.90?
Suppose the City of Klamath is considering plans to build a dam on the Klamath River. There are currently social benefits to the recreational fishermen who use the river to catch salmon.
The property value on the smith family's house had an assessed value of $250,000. The property tax was $3500. Determine the property tax on a house with an assessed value of $420,000, assuming the same tax rate.
What do we mean when we say export are exogenous and import are endogeneos?
1. The first step is to enter basic info such as name, email, and phone. 2. The applicant receives a SMS verification code to confirm that the phone number entered is correct. 3. The applicant then enters the code and proceeds with the rest of the ap..
Before September 1992, the lira or DM exchange rate could fluctuate through up to 2.25% up or down. If central banks ensured that the lira or DM exchange rate band was set in this way and could not be changes,
The table above shows how much each of two countries can produce in 40 hours. (For example, England can produce 40 units of cheese in 40 hours.) England has an absolute advantage in __________ and the Spain has an absolute advantage in __________.
Find the equilibrium price, the equilibrium quantity, the output supplied by the firm, and the profit of each firm.
The marginal external expenses associated with air pollution increases with the yearly output of a polluting industry.
In 1991, Brazil and Columbia united to form a coffee cartel and reduce coffee output. Suppose total costs for the cartel are:
The questions posed are broad and open ended so be careful to allow yourself enough research and planning time.
If the demand of corm increases do to it use as an altenative engery source, what will happen to supply of corn substitute such as soybean? what will happen to the price of corn oil?
A share of the common stock of the company currently sells for eight times current earnings. Management and outside analysts expect the growth rate of earnings and dividends for the company to be 7.5 percent per year. Calculate the cost of equity ..
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