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Given:
Y= 5,000,000C= 4,000,000I= 1,000,000G= 0T = 0
Suppose MPC=0.75 and the government pay for the new spending of 100,000 by increasing taxes by 100,000. Calculate the new Y. Could you provide the answer with specific formulas if possible?
Each car manufacturer undertakes dynamic advertising campaigns seeking to persuade prospective buyers of the superior quality and better style of his cars and reacts very quickly to claims of superiority by his rivals.
State the definition of marginal product, MP, both as a mathematical definition and with your own words. What is the "law of diminishing marginal returns"? How has it been derived?
Compare and contrast less government intervention in the financial market and more intervention. Does deregulation lead to more economic growth and stability?
Compute the ex-post optimal monetary policy
determine what fiscal policy measure has a more direct impact to the economy1. an increase in government spending or2.
the wod pokem corporation needs to raise capital for an expansion of their battery operations 2.5 million is needed for
A problem of interest to health officials (and others) is to determine the effects of smok- ing during pregnancy on infant health. One measure of infant health is birth weight; a birth weight that is too low can put an infant at risk for contracti..
Ajax, Inc. has appointed you to examine the demand for its line of telecommunications devices in 35 different market areas.
The salary in Arizona has decreased by 3% over the last 3 months. During this time, the sale of Snickers chocolate bars has decreased by 2% and gas sales decreased by 1%.
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at t..
let w denote a random variable that has a poisson distribution with mean 2. finda. pw 2b. pw 3 andc. pw 3jw 1.the new
Efficiency can mean many things to many people. Even in economics, there are different types of efficiency. Here we are discussing productive efficiency. An economy is productively efficient whenever it is producing the maximum output with given t..
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