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AE = C + I + G + (X-M) C = 800 + .75(Y - T) - 30 (r) I = 600 - 50(r) G = 300 X- M = -25 T = 80 r = 5 Price level P is fixed at 1 ()
The vertical intercept for the consumption function is ?
The slope of the consumption function is ?
The vertical intercept of the AE equation is ?
Consider a nation with an economic structure consistent with assumption of classical model. Assume that businesses in this country suddenly anticipate higher future profitability from investments they undertake today.
The Present Worth (PW) of the cost (- Installed cost and operating cost + Salvage value) of Westinghome is most nearly
Illustrate what do economist mean by this. How do they determine what the right amount of the good is.
Given that the CPI was 17.1 in 1929 and 184 in 2003, how much would you have to make in 2003 to have the same real hourly wage?
Tyvex LLC produces professional quality color laser printers. The market for professional color laser printers is monopolistically competitive. Suppoe that the inverse demand curve faced by Tyvex
Restaurant Marketing Services, offers affinity card marketing and monitoring systems to fine dining establishments nationwide. Fixed expenses are $600,000 a year.
"Suppose a growing world with positive real income andeconomic growth. There are some lower income countries producinggoods for basic necessities of life. If income of the poor peoplebelonging to lower income countries increases
Save their domestic industries from facing any competition. It is an unrealistic approach as all the countries endeavor to achieve the same objective.
Illustrtae what does this experience suggest about the determinates of health care costs, and the long-run scope for private health insurance even with subsidy and compulsion.
Explain how does a subsidy to consumers differ from a subsidy to producers in correcting for a positive externality.
Suppose the stock of capital and the workforce are both increasing at 3 percent annually in the country of Wholand. At the same time, real output is growing at 6 percent. How is that possible in the short run and in the long run?
The ending benifit if any should be realized in CAD. How can he complete interest arbitrage. What will be his profit.
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