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Compare the traditional view versus the view of Ricardian equivalence of the effects of a debt-financed tax cut on: i. national saving; ii. current consumption; iii. the real interest rate.
What is Ricardian equivalence? Mention and explain three reasons why Ricardian equivalence might not correctly describe an economy.
Amy Jane, a new manager at C & D Grooming, has been asked to focus on the competitive environment of the organization. Illustrate which of these factors is among those Amy Jane should focus on.
Elucidate why is private property also protection of property rights, so critical to the success of the marketplace system.
How can the issue, perspective, concept or model enhance and enrich understanding of International Economics.
Illustrate what is the marginal income for each 10,000 increase in the quantity sold. Illustrate what recording fee would you advise Johnny to demand from the record organization.
Illustrate what are the effects on the growth rates of cumulative o/p, cumulative consumption, and also cumulative investment.
What has been happening in Florida in general in terms of unemployment over this time period. What about for GDP.
You short-sell 200 shares of Tuckerton Trading Co., now selling for $50 per share. Illustrate what is your maximum possible gain ignoring transactions cost.
Explain where is the economy operating relative to its potential GDP
Illustrate what do you think would be the short-run impact on the firm's production.
Within which sections of the production function is marginal product increasing. Explicate the link between scarcity, choice and opportunity cost
Dane decides to give up a job earning $100,000 every year as a corporate lawyer also converts the duplex that he owns into a UFO museum had been renting the duplex for $20,000 a year.
In equilibrium, approx what is the firm's total cost and total revenue. Illustrate what is the firm's economic profit or loss in equilibrium.
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