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Y= C0 +Io+Go+X0-M, M=mo+m1yd,C=co+c1yd,T=tY and Yd=Y-T Show that equal change in taxand government expenditure areexpansionary to theeconomy?
A news network stated that a study had found a positive correlation between the number of children a worker has and his or her earnings last year.
What are the equilibrium quantities when the nations trade freely at price of $15? Explain your answer
There are two related variables, noise (equals either quiet or loud) and intoxication (equals drunk or sober). P(drunk)=.25, P(loud)=.4. You know that if someone is drunk, then the probability of them being loud is .9. Use Bayes’s Rule to calculate P..
which of the following have traditionally been considered natural monopolies?a. public universitiesb. public golf
Assume that the medical screening industry is perfectly competitive. Consider a typical firm that is making short-run losses. Suppose the medical screening industry runs an effective advertising campaign which convinces a large number of people th..
A company deposits $2000 in a bank at the end of every year for ten years. The company makes no deposits during the subsequent five years. If the bank pays 18 percent interest, how much would be in the account at the end of 15 years?
According to the Solow growth theory that we have studied, how would each of the following events affect per capita consumption in the long-run. Illustrate graphically and explain.
Legal definition and regulations by the U.S. Bureau of the Census require properties of 500 rooms or more to be called Hotels; those of 50 rooms or less to be called Motels; and those in between to be called Motor Inns or Motor Hotels.
your market research group estimated the following demand curve for gadgets the product your company produces and
assume you are a manager of a large multinational enterprise mne from an industry of your own choosing. you have been
1 you are a factory owner who has just purchased a new machine for 5000. over the next year it would have cost you 1000
What factors might these types of stores have in common behind their declines? How would you determine which were important and which were not?
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