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How can government spending have a multiplied effect on the economy? Hint: Need to recall of the “income/spending multiplier” concept, seen in module five.
Have you (or anyone you know) ever been affected by the government’s “automatic stabilizers”? Give a concrete example.
What will be his economic profit. How much consumer surplus is generated each day at this price. Illustrate what is the socially efficient number of portraits.
q1. explain what does the axiom of strict convexity of involve about preferences? also clarify in words as well as
Modeling what is a Market. In modern usage, a commodity is anything of use that is available for purchase and sale in standardized form. Participants: Who trades with whom
q1. if the annual real interest rate on the loans is 6 explain how many car companies will buy a new car assembly
They ask you what directive they should give to the open market desk. you tell them , being as specific as possibel, using the money multiplier. they ask you for two other ways they could have achieved the same end. You tell them.
Illustrate what is the total cost of finding a new plot of grass and getting y units of grass from it.
q1. if the variable is almost normally distributed does that mean you use common distribution?use the data set noting
you estimate that the price elasticity of demand for clinic visit is -0.25. you anticipate that a major insurer will increase the copayment from $20 to $25. This insurer covers 40,000 of your patients, and those patients average 2.5 visits per y..
What would happen to autonomous consumption if household debt fell and the interest rate rose over the same time period?
A pure monopolist determines that at the current level of output the marginal cost of production is $2, average variable costs are $2.75, and average total costs are $2.95. The marginal revenue is $2.75. What would you recommend that the monopolis..
When computing the p-value for a two-tailed hypothesis test, we need to
1. assume that a state government currently provides no child care subsidies to working single parents excluding that
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