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Given the following functions: C = 1 000 + 0,4Y, G = 400 and I = 100, suppose there is a change ir government expenditure from R400 to R500 but the proportional income tax rate remains 40%. Whal will the equilibrium level of income Y be? (Hint: Round off the answer in question 19 to two digits after the decimal to obtain the answer for question 3.20.)
[1] 2112
[2] 2000
[3] 1 848
[4] 1 452p
Consider what will happen if this becomes a repetitive game (both oil companies knowing they will share many oil fields over the next years). Will the dominant strategy survive, and-if not-what strategy could emerge as "best?" based on the scenari..
Suppose a firm uses 2 inputs to produce one output. Can you derive an optimality condition for conditional factor demand for the first input if the second factor is fixed in the short run How does it look like
What happens to his consumption of Y? Calculate the coefficient of price elasticity and of cross price elasticity. Also draw the demand curves for X and Y, noting the equilibrium points for this consumer before and after the price change in X.
Using a Web browser, look for the open source and freeware intrusion detection tools listed in the chapter. Next, identify two to three commercial equivalents.
What is the Marginal Propensity to Consume (MPC) in this model? What is the Marginal Propensity to import? What is the total autonomous expenditure? What is the equilibrium GDP?
You have done some research and believe that the master's degree will add $6,000 per year to your salary for the next 10 years of your working life, starting at the end of this year. From then on, after the next 10 years, it makes no difference.
question 1 suppose that an economy produces only 2 goods beer and pizza. nbspshow a typical production possibilities
What think is the best way to analyse the situation - including choice of theory and sources of evidence, what type of findings you expect and what potential applications you expect there to be.
Assume your boss purchase out every single pizza store in the US. Your cost-demand conditions are as follows: profit maximizing quantity - 60 pizzas; price - 20$ per piece;
the marketing manager of a large supermarket chain wants to determine how sales of the soft drinks are affected by
Trade occurs because of differences in the availability of factor inputs across countries and differences in the proportions of those factor inputs used inproducing different products.
Assume you were given the following data for an economy without government spending, exports, or income. C is desired consumption, I is desired investment,
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