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Q1. If an increase in the budget deficit reduces national saving and investment, we have witnessed a demonstration of?
Q2. Wage Increases. Your boss offers you a wage increase of 10 percent. Is it possible which you are worse off with the wage increase than you were before? Explicate your answer using proper economic terms and analysis Q3. The cost of a plane ride rises by 10 percent. The price elasticity of demand for plane rides is 0.5 and the price elasticity of demand for riding the train is 0.2. The cross elasticity of demand for the train rides with respect to the cost of a plane ride is 0.4.
Compute the percentage that alter in quantity demanded of plane rides and train rides.
Briefly discuss the impact of rational self-interest on each of the following decisions. Whether to attend college full time or enter the workforce full time.
What factors will contribute to the riskiness of these bonds.
Select the most serious disadvantage of globalization (in your opinion) and make at least one recommendation
Lean Burger's drive through receives 20 customers in every ten minutes of business time.
Assuming which the price elasticity of demand for U.S. exports equals 0.40 and the price elasticity of demand for U.S. imports equals 0.20.
You complain that the current labor contract specifies a full hour for your lunch break and you still have over 15 minutes left.
These 3 basic trade-offs include which goods or services are to be created, how to create them, also who gets them.
Calculate the point elasticity of the firm's total sales revenue with respect to the amount of labor used when q = 2.
They value campaign funding in terms of dollars spent. Therefore, after spending ci on a campaign.
Find the equilibrium price and quantity algebraically. If tourists decide they do not really like T-shirts that much, which of the following might be the new demand curve.
If the economy was working at full-employment equilibrium, illustrate the state of equilibrium after the fall in consumer confidence.
Now Assume that the interest rate falls to 50 percent, and the household decides not to borrow or lend at all. Is the household better off or worse off with the higher interest rate.
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