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Given a consumption function C = 1 000 + 0,4Y with a proportional income tax rate of 40%, what is the multiplier? Round off your answer to two digits after the decimal.
[1] 1,32[2] 1,70 t[3] 2,50 ?[4] 2,78
a. lisa consumes only pizzas p and burritos b. her utility function is up0.5 b0.5. the price per pizza is 10 and the
Describe the current and projected unemployment for Apple Inc. over the next five years. 150 words, if source is used please cite.
you are the president of the united states and the economy is going into a recession. what fiscal policy would you
What are the implications of a U.S. policy to "buy American" wherever possible in government contracting How could such a policy create challenges for trading partner relationships What would you propose if you were in Congress
i) Show the impact in the AD/AS graph ii) Show the impact in the Phillips curve. (Include Short-run and Long-run)
When manufacturer decrease price for goods and services, it increase customer’s surplus and everyone standard of living. Therefore, it behooves government to impose below market value ceiling on customers goods,
Roi resources currently have an unused gold mine. Mine was shut down four years ago due to depressed price of gold. However ROI are considering re-opening the mine.
The table above shows how much each of two countries can produce in 40 hours. (For example, England can produce 40 units of cheese in 40 hours.) England has an absolute advantage in __________ and the Spain has an absolute advantage in __________.
Discuss the limitations of this model as an explanation of the effects of government expenditure on GDP.
In the late 1990's "mad cow" disease caused people to buy less beef. It also caused the European Union to ban imported British beef and the British government to ban the sale of older cattle. What is the effect of the above on price and quantity o..
For what values of X do both ? rms have a dominant strategy? What is the Nash equilibrium (or equilibria) in this case?
Describe the concept of economics of scale and how long run costs curves shape the economic structure of industries.
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