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Q1. What is a budget deficit? Explain how are budget deficits financed? Why do Keynesians believe that budget deficits will increase aggregate demand?
Q2. Understanding Supply and Demand in lecture what is the difference between a changes in demand versus a change in quantity demanded? Explain change in supply versus a change in quantity supplied? Elucidate why is it so important to differentiate between these similar-sounding terms?
Discuss the Federal Reserve's assessment of the current economic activity and financial markets. Elucidate the Federal Reserve's current view about inflation.
What are some methods for improving the financing of the U.S. health care system. Are these methods realistic and achievable? Justify your answer with solid reasoning and appropriate references.
For several months before your vacation trip to Germany you find out the exchange rate for the peso has increased relative to the euro.
K is the number of coffee machines (capital), and L is the number of employees hired per hour (labor). Illustrate what is the average product of labor.
Fifty years later, the federal resources for public education shows approximately 10% of the public education budget.
Profits for Firm 1 have risen from $256 to $288, while profits of Firm 2 have declined sharply from $256 to $144. B. How much will each firm produce and what will its profit be.
q1. when the firms in the industry are just able to cover their cost of production economic profit is 0. consequently
How would Keynesian solve a recessionary gap using personal tax rates.
Explain the unemployment rate in Tappania is higher now than it has been in 50 years. Can both of these statements be true at the same time.
If the company will sell the number of units obtained in part d and wants to maintain the same profit as last year, what will its new price have to be.
The companys marketplace department estimated a linear demand function for Border's picante sauce:
rounding down again to two decimals draw a supply and demand diagram like we did numerous times in the lectures
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