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Suppose the position of political candidates on all issues can be ranked on a scale ranging from conservative to liberal. The more conservative a candidate, the less the quantity of public goods he will supply. Suppose as well, that all voters favoring liberal candidates will vote, while only 50% of those favoring conservative candidates will vote. Create a graph to show how the political equilibrium will differ from an election in which all citizens vote. Explain. Create a graph on a spreadsheet program.
Would an attempt to decrease the budget deficit not increase it. Does today's deficit not create tomorrow's surplus.
Account for the effect of the two proposed fiscal policy actions in the short run and long run. This includes a description of the consequences of relevant macroeconomic variables.
Which of the following is now true of his opportunity costs and there is no change in the opportunity costs. B. The opportunity cost of leisure has increased.
Particularly indicators of improving or reducing levels of performance, used by your organization, and how those indicators relate to the kind of "national indicators" we have been Analyzing.
Explain how could the advertising be employed to allow KinderCare to keep price above average cost without encouraging the entry.
Calculate the arc price elasticity of demand over this price and consumption quantity range.
Elucidate what would happen to equilibrium price and quantity in the market for Pepsi if the following occurred.
What is the marginal propensity to consume in Freedonia, and what is the marginal propensity to save?
When McDonalds Corp reduced its price of the big mac by 75 percent-Using your knowledge of game theory, what do you think disrupted McDonald's plan?
The boat will be used for wakeboard instructing and will generate revenue of $100/hour. One instructional trip will use 4 hours on the boat's engine. Draw and simplify a cash flow diagram that will help you determine how many trips it will take to..
If the Fed didn't change the money supply, what would happen to the interest rate and if the Fed wanted to keep the interest rate constant following this money demand shock, how would it change the money supply?
A nation has a low inflation rate than all growth. It has more rapid economic growth. The central bank does not intervene in the foreign exchange market.
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