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Q1. I want to know how to give tell to someone about ceteris paribus when he has a job working at a fast food restaurant. Illustrate what would be the best advice to give him knowing which this is his only source of income?
Q2. Assume which the equation for autonomous planned spending, Ap` is Ap = 6,200 - 200r and the value of the multiplier, k is 2.5(a) Derive the equation for the IS curve, Y = kAp. Graph the IS curve for interest rates between 0 and 8, with intervals of one-half of a percentage point.Y = 2.5(6,200-200r)Y = 15,000
A competitive firm that is profit maximizing pays a wage. The firm has started marketing its new product.
Under what circumstances would Gore be better off giving Bush a head start on putting together his presidential ticket.
What would happen if suppliers charge less than the equilibrium price for your good or service.
Explain the relationship among the bowed out shape of the production possibilities frontier and the increasing opportunity cost of a good as more of it is produced.
Despite this finding, the government mandates that new cars have air bags, rather than taxing their use. Is this policy a contradiction.
If Frank's salary as a sales manager was $70,000 instead of $100,000 would your answer be different.
If each economy specialized in its comparative advantage, what range of prices would bacon trade at in terms of eggs.
In the country of Sildavia, a market basket of goods and services cost $ 130 in 2003, $ 140 in 2004, and $160 in 2005. Based on this information and considering 2003 as the base year, inflation from 2003 to 2005.
Effects on equilibrium cost as well as quantity when wages for all dental assistants enhance, increasing the expenses of inputs.
If the government wanted to achieve the same change in GDP as in part 8 by cutting taxes instead of increasing spending, how large would the tax cut need to be.
Using a wholesale cost of $4 per case in each state, calculate the breakeven output quantities for each alternative.
Find the equilibrium price and quantity after the shift of the demand curve.
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