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Suppose that in response to a foreign crisis, the government increases defense spending by $50 billion. How would the increase in defense affect the economy? How would the effects differ depending on the size and sign of the output gap when the crisis began?
Write a well-reasoned argument defending your stance. If deposit insurance were abolished, elucidate how would this change incentive structure facing deposit theory institutions.
what is meant by the minimum cash reserve requirements referred to in this clip? b) what terminology do economics use to refer to the process described in this clip?
Prices the selling monopoly charges for TV sets in periods 1 and 2.
What Price is plotted on the vertical axis, and quantity is plotted on the horizontal axis.
The payoff to a company that enters is its gross profit minus its entry cost, while the payoff to a company that does not enter is 60. Find a symmetric Nash equilibrium in mixed strategies.
If a company, new to international arena, is negotiating an agreement with a potential partner in an overseas country, what basic steps should it be prepared to implement.
Supposes a perfectly competitive, increasing-cost industry is initially in long-run equilibrium and demand suddenly increases. Explain how demand change affects price and quantity and who benefits from increased demand.
Given the same price elasticity of supply, sellers would be able to pass along the largest portion of a 10% tax on which item.
Which principle of tax equity-the benefit principle or the ability-to-pay principle-is in closest agreement with your personal idea of what is fair? Develop a "position statement" based on your response.
You have come to realize which you are only buying 3 bottles of wine a week now whereas you utilized to buy six bottles of wine when you made $60,000 a yr. Given this situation you would describe wine as a.
What is the effect on East Asia's Willingness to trade? b. Assuming that each region is large enough to influence international prices, how do East Asia's good-growing seasons in food affect the equilibrium international price ratio?
Remain in mind about your paper that is going to be read by people without previous knowledge of game theory.
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