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Q. (a) A country recently passed food stamp legislation. Qualified households are given food stamps, which can be used to purchase foods, but they cannot legally re-sell the food stamps. Assume a household receives a grant of $500 of food stamps every month. How will this household's budget line be affected? (Hint: Consider two goods: food also other goods.)
(b) Show that if the food stamps could be legally re-sold, the welfare of the household would be increased. Give one reason why food stamps should not be re-sold.
q1. why do economists attempting to forecast short run future changes in real gdp and employment look closely at data
the total quantity of monthly account across all internet providers increases from 90,000 to 190,000. What is the value price elasticity of demand? Is the demand elastic or inelastic?
Solve for equilibrium real output and also solve for the equilibrium interest rate.
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While the population variances are unknown, we will assume they are equal.
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In presenting your thoughts and beliefs, contextualize your opinion in terms of challenges of managing that diversity issue within your workplace.
If you wanted to measure the amount of income households had available after paying personal taxes, which of the following would you use?
If you were desinging such an amendment, do you think it would be better to require that the actual budget deficit be kept at zero each year, or should the aim be only to keep the structural deficit at zero? Discuss.
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