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Assume that consumers in economy ZYX spend, on average, 80% to 90% of any new (additional) disposable income to purchase goods and services. Based on a simple 3- sector Keynesian type economy, this might suggest a government expenditures multiplier in the range of 5 to 10, and a tax multiplier in the range of -4 to -9. In this country, the Obama "stimulus package" of some 830 Billion (2009 ARRA) produced nothing even remotely resembling such income increasing results.
the demand curve for asparagus is given byqd 200 -5pd 0.5pzwhereqd quantity demanded of asparagus per weekpd
select one 1 of the following categories of products to research sports apparel automobiles home furnishings or
a recent flood in the midwest has destroyed much of the farmland that lies in fertile regions near the rivers.
Explain an experience that you have had working on a team. As a part of your response discuss how the team was evaluated. Also discuss whether or not the free-rider problem existed on your team. If it did exist also discuss how/if the problem was add..
assume the market demand curve faced by a monopolist is and its short-run total cost function isa derive the inverse
What Is the pros & cons of giving the FDA more authority over pharmaceutical and marketing companies?
Presume that banks desire to hold no excess reserves, the reserve requirement is 5% and a bank receives a new deposit of $1,000.
Carl is deciding whether or not to make a farm. If he makes a farm, he will earn a $50,000 grant from the government. For every 100 head of cattle that he increase and sells.
Assume that the government imposes a $20 minimum wage. Find the new quantity of labor demanded and supplied.
it is often claimed that hospitals compete for physicians rather than patients. assuming this is true how does it occur
What are the functions of money
How can we measure the opportunity cost of producing a good? Using a bowed outward production possibilities curve between ice cream and hammers, identify graphically the opportunity cost of obtaining an additional hammer.
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