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One characteristic of automatic fiscal policy is that it...
A) has no effect on unemployment.
B) reduces the size of the federal government debt during times of recession.
C) requires no legislative action by Congress to be made effective.
D) automatically produces surpluses during recessions and deficits during inflation.
A random sample of teenagers asks how many minutes per day they watch TV. There is a population variance of 625. The null hypothesis you want to test is H0 : µT V
Suppose you are a manager of a factory and purchased five new machines at one million dollars each. You can sell two of the machines for $500,000 each and three of them at only $200,000 each. What is your sunk cost?
Explain: “Politicians would make more rational economic decisions if they weren"t running for reelection every few years.” Do you favor term limits for elected officials?
If the United States eliminates the tariff and the voluntary restraint agreement is approved, what will be the U.S. domestic price of the metal?
1. aspen inc. is a manufacturer and distributor of digital recording decks for commercial recording studios. revenue
Use the key word ECONOMIC NEWS in an Internet search engine (Google, Bing, etc.) to locate an appropriate news story or article that illustrates the ideas presented in the reading.
economists agree that increasing aggregate demand is the most expedient way to get the country out of a recession.part
branding iron products a specialty steel fabricator operates a plant in the town of west star texas. the town has
Firm Z, operating in a perfectly competitive market, can sell as much or as little as it wants of a good at a price of $16 per unit. Its cost function is C=50+4Q+2Q^2. The associated marginal cost is MC=4+4Q, and the point of minimum average cost ..
Suppose that the demand for gasoline is given as P = 3.6-0.002Q where P is the price of gasoline in $ per litre and Q is liters of gasoline per day. If you know that current price of gasoline is $1.3,
i critically analyze the short-term and long-term effects of a large budget deficit and public national debt. in your
What is the quantity of magazines that needs to be sold per month in order for the operation to break-even and what will happen to that break-even quantity
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