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Suppose that government spending makes private firms more productive; for example, government spending on roads and bridges lowers the cost of transportation. This means that there will now be two effects of government spending, the first being the effects discussed for this chapter of an increase in G, and the second being similar to the effects of an increase in the nation's capital stock. Show that an increase in government spending can improve consumer welfare.
How would I compare also contrast McDonald's strategies in China with those of Wal-Mart in Mexico.
Assuming that under cost controls rationing is as inefficient as possible while under the quota, the allocation is as inefficient as possible.
Imagine that last year, Jennifer earned $80,000 in salary, and consumed $50,000 in goods and $23,000 in services. How could we best categorize the remaining $7,000.
Explain how does a rise in the unemployment rate affect your chances of finding a job which would match your qualifications as a college graduate.
The two firms have the same demand curve P=100-4Q, Marginal cost of Firm 1 is 5 and for firm 2 is 10.
Calculate Max's marginal utility from snorkeling at each number of hours per day. Does Max's marginal utility from snorkeling obey the principle of diminishing marginal utility.
Compute the price, output, and profit contribution if the product is not certified.
Elucidate why a firm might want to produce its good even after diminishing marginal returns have set in and marginal cost is rising.
Think of any financial innovation in the past ten years
explain how changes in equilibrium occur as a result of changes in fiscal and monetary policy.
If the nominal interest rate in Japan remains unchanged, what happens to the interest rate paid on Korean deposits.
Which one may under present quality. Describe concepts of prospective also retrospective payment for services.
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