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If the slope of the AE function was 0.8, from the MPC, before taxes, and government introduced net taxes NT = 0.2Y, the slope of AE would be:
A) 1.0.
B) 0.6.
C) 0.64.
D) 1.6.
You want to invest in a hot dog stand near the ballpark. You have 0.35 proability that you can turn your currnt $15,000 into $50,000 and a 0.65 probability that fierce completion will drive you to ruin losing all your money. If you decide not to e..
1. an article in the wall street journal observes for 2008. productivity grew by an astounding 2.8 from 2007 even as
Federal Reserve Bank of San Francisco, speeks in a speech yesterday at Arizona State University that sustained high oil prices, business caution.
Illustrate two policies could you use to reduce the total amount of emissions. Explain how would you decide what was the best level of emission reduction.
Given the products below and the events that affect them, indicate what happens to demand or supply, and the equilibrium price and quantity in a competitive market. Identify the determinant of demand or supply that causes the shift.
Price discrimination is the practice of charging different customers or groups of customers different prices for the same product. Why does price discrimination occur?
Over the past two decades, according to the U.S. balance of payment, the current accounts and the capital account balance tend to move in same direction.
Discuss how each of the following developments would affect the supply of the money, the demand for money, and the interest rate. For each case, describe what happens in closed economy and in small open economy. Describe your answers with diagrams.
Explain why does the burden of sales tax fall completely on consumer when the price elasticity of demand is perfectly inelastic; the seller when perfectly elastic. and the prefect inelastic supply and perfectly elastic supply.
Your company is considering an investment project that will generate after-tax cash flows of $1,000 per year for the next three years (and then be scrapped, with no salvage value).
1.What is the Federal Reserve (Fed) all about 2.Who is the current Chairman of the Fed 3.Should the Fed remain independent from political authority or should the President and Congress have a say in their operations Why Why not
In the model of a dominant firm, assume that the fringe supply curve is given by Q = -1 +0.2P, where P is market price and Q is output. Demand is given by Q = 11-P. What will price and output be if there is no dominant firm Now assume that there is..
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