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Q. Consider an economy described by the subsequent sets of equations:C = 120 + 0.80DII = 320G = 480(X-IM) = -80T = 200 + 0.25y
Find out the equilibrium level of GDP. Next Find out the multiplier for government purchases also fixed taxes. If full employment comes at y+1800, Illustrate what are some policies that would move GDP to that level?
How to design an experiment to test the theory that changing the oil of the new backhoes and forklifts will reduce repairs.
Suppose a duopoly and let demand be specified by P=A-BQ. In accumulation both firms have same marginal cost c. Interaction between the two firms will be frequent infinite.
If the number of suppliers in the micro calculator industry increases, illustrate what would we expect to happen.
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
Illustrate what is the equilibrium to this game.
Find the profit-maximizing choice of q for this miniature farm; also compute profits that will be earned at this choice of q.
Why does the assumption of independence of risks matter in the examples of insurance.
Proposals for modifications of the law are formulated by committees. Under the closed rule, the legislature may either accept or reject a proposed modification, but may not propose an alternative.
Sketch the extensive form of the game, carefully labelling the players that move and the actions they have available
Enter a whole number as your answer, if you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions.
Illustrate what are the advantages and the risks of linking the scorecard to compensation.
If American cheese also cheddar cheese are substitute afterward which of the following would increase the demand for cheddar cheese.
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