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On the planet Omicron Persei 8, government spending is $1000, net taxes are $1200, as well as planned investment is $1400. Consumers spend according to the equation C = 100 + 0.8Yd, where Yd represents disposable income. Given this information, fill out the table below to determine which of the output levels represents a macroeconomic equilibrium, and then answer the questions that follow.
Calculate the cost elasticity of demand as well as for paint as well as show your calculations.
What must she/he expect to happen to short term interest rates over the coming year.
A machine used to cereal boxes dispenses, on the average, ounces per box. What is the largest value.
Explain the process of how that movement occurred using behaviors of consumers and suppliers. Graph the movement between the two points as well.
Electoral College system take a country named know land that has. Suppose there are 9 small states in know land where each have 1 million people in.
Assuming that land and labour are complements in a farming production function, what would happen to the wages earned by workers and the rents earned by landowners in Texas.
Explain why government regulation is or is not needed, citing the major reasons for government involvement in a market economy. Provide support for your explanation.
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
What is the deadweight loss in both markets if the price of a crate of fresh oranges is raised.
The 2 firms form a cartel & arrange to split total industry profits equally. Under this cartel arrangement, they will maximize joint profits.
Prepare a recommendation for each company. Should your recommendations be the same for both companies
Explain why monopolistically competitive firms frequently prefer nonprice competition to price competition.
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