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The government spends 13,00 billion on goods and services (a= 1300 )and levies on income tax equal to 20 y.the consumption function is c=300 +0.75di,where di is disposable income investment (i)is I =900and net exports are 100.Find the equilibrium gdp. find the multipler for government spending .find the multipler for an increase in fixed taxes consider in economy described by the following set of equaton. c=120 +0.80.I =320 A=480(X-IM)=-80.T=200+0.25
q1. for each of the determinants of demand in equation 2.1 classify an example exemplify the effect on the demand for
Suppose that a tariff is imposed on imports of minivan. Show graphically what the effect is in terms of price and quantity of imports. Be sure that your graph is completely and correctly labeled. What determines how much of the tariff is paid by the ..
Suppose market demand and supply are given by Qd=100-2P and Qs=5+3p. If a price floor of $30 is set, what will be size of the resulting surplus?
What are the principal sources of saving? What is investment? What are the two types of economic investment? What is economic investment?
Compared to a standard market that is allowed to operate freely, an increase in demand in a market with a binding quantity restriction will cause:
If income elasticities are equal for all goods, then all Mashallian demand functions must be downward sloping.
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Using the method of Lagrange multipliers to derive Sharifah's demand for brownies and espressos. Explain how many brownies and espressos will Sharifah consume.
This week, we are going to talk about bubbles, specifically, are we in one now? This in't really about growth - its more about the business cycle, but I found it particularly interesting. While much of the podcast focuses on San Francisco, there are ..
Illustrate what percentage does equilibrium cost level differ from its initial value if output increases to Y = 106 (and r remains at 0.10).
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