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Given: 7 real GDPs and corresponding net tax revenues. Imagine that the full-employment real GDP of the economy is $1150 and gov. purchases of goods and services are $200. Complete the table (find government purchases and government deficit/supply) by entering the government purchases and computing the budget deficit or surplus at each of the real GDPs.
draw a simple circular flow diagram with just firms:downstream firms that product final goods and services for consumption, and upstream in production only intermediate goods that are used by downstream firms in production.
If the firm uses a discount rate of 17.5 percent, what is the NPV on this project? what is the NPV of this investment?
Consider industries that demonstrate monopoly, monopolistic competition, oligopoly, and perfect competition. What is the goal of creating a brand name for each of these market structures What does the brand name do to the demand curve for the prod..
1) Suppose that ms. Spencer is presently spending all her budget purchasing 10 units of A and 8 units of B at prices of $2 and $4 respectively. The marginal utility of the last units of A and B are 16 and 24 respectively. These data suggest that..
A country's long -run equilibrium price level has increased, but the position of its aggregate demand schedule has not changed. what has happened what specific factors might have accounted for this event
What is the maximum amount of harvest that can be sustainably achieved in this system? What level of biomass generates this amount of harvest?
describe why marginal analysis must be used in decision making with examples. Also, give examples of poor decision-making when sunk costs were used to justify choices, and discuss how legal and ethical issues may play a role in making decisions.
How many times would this fully insured person visit the physician?
Suppose the recipient of a kidney transplant has stated that she would prefer 5 years of perfect health to the 10 years she expects to live with her transplant.
What is the initial effect of the tax reduction on aggregate demand? What additional effects follow this initial effect? What is the total effect of the tax cut on aggregate demand?
Write a one-page policy brief that addresses the questions above and write in paragraph form and do not number the paragraphs.
Assume that the The World Steel industry wants to expand and that its only option is a merger. Now the industry is confronted with government regulations to oversee the merger. Analyze how the different forces will come together to create a converg..
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