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Q. Most macroeconomists believe it is a good thing that taxes act as automatic stabilizers and lower size of multiplier. However, a smaller multiplier means that change in government purchases of goods and services, government transfers, or taxes necessary to close an inflationary or recessionary gap is larger. How can you explain this apparent inconsistency?
What is the marginal revenue product of hiring one low-skilled worker to clear woodland for one month.
Do you think the industry environment is significantly dissimilar today.
The 3 tools for conducing monetary policy are changing reserve requirements, changing the discount rate, and open market operations. Elucidate how each of these tools works.
Firms raise capital from investors by issuing shares in the primary markets
Discuss the capture of the regulatory agency and your prediction as to the capture of the replacement regulatory agency and the politicians in the future.
Would the effect on aggregate demand be larger if the Bank of Canada took no action in response, or if the Bank were committed to maintaining a fixed interest rate.
Advise the firm on how to plan production in the coming month if average income is set to increase by 12%.
Union B faces a demand curve in which a wage of $6 per hour leads to demand for 30,000 person hours, whereas a wage of $5 per hour leads to demand for 33,000 person hours. Which union faces more elastic demand curve.
How would equal educational achievement and equal income.
Assumes that wheat producers lobby the government for a price floor also receive one.
The benefit of cutting down a forest is $1 million now. the environmental cost of that harvest is $10/year forever.
Research where you would find the U.S. international trade policies and their history as they apply to various industries.
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