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Suppose money demand depends on disposable income, so that the equation for the money demand becomes
(M/P)^d=L(r, Y-T)
(a) Analyze the eects of a tax cut in an IS-LM model. How does the tax cut shift the IS curve and the LM curve? How are equilibrium interest rate and level of income dierent from its original level?
(b) Analyze the eects of an increase in the government purchases in an IS-LM model. How does the increase in government spending shift the IS and the LM curve? How are equilibrium interest rate and level of income dierent from its original level?
suppose you have two types of customers. type 1 customers typically purchases your firms product in bundles of 100
Why that is the pre-trade production points have a bearing on comparative costs under increasing cost conditions but not under conditions of constant costs?
If the economy was experiencing a severe recession, which of the following combinations of monetary and fiscal policy actions would be most appropriate?
A price discriminating monopoly charges
Is it fair to miscommunicate to the customer in this way? Are we being accurate, unambiguous, and clear? What’s the harm if the customer opens all the accounts? Should I have gone over to my coworker’s desk while he was with the customer and made sur..
What is the total cost of producing q units of honey for an individual honey producer and what is the average cost of producing q units of honey per month for an individual producer?
If an increase in the interest rate lowers savings, then
why are trade agreements important for the various countries involved? how is international trade related to the u.s.
Assume a hypothetical case where an industry begins as perfectly competitive and then becomes a monopoly. Which of the following statements comparing the conditions in the industry under both market structures is true?
To complete the analysis, Chuck wants to know more about the revenue that he can generate from his farm. The price of corn depends on how much Chuck produces.
assume that you are a business owner or business professional in a company and industry of your choice responsible for
the price of a first class stamp is .42 cents in 2009. the price of the same first class stamp in 1975 was .13 cents.
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