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Q1. 1. Suppose MPC is 0.8 initially. Households then change their behavior so that the MPC falls to 0.75. What happens to aggregate expenditures? Why? 2. How is an aggregate demand curve derived? What would cause the aggregate demand curve to shift to the right?
Q2. How to design an experiment to test the theory that changing the oil of the new backhoes and forklifts will reduce repairs?
Q3. During the last 10 years, Orlando, Florida, grew rapidly, with new jobs luring young people into the area. Despite increases in population and income growth that expanded demand for housing, the rice of existing houses barely increased. Why? Illustrate your answer with supply and demand curves.
The GDP is a total market value of final goods and services produced within a country over time. Why is this a reflection of this country's cost of living so varied making expenditures.
Jim Vendors is viewing about manufacturing a new type of electric razor for men. If advertise were favorable, he would get a return of $100,000.
Estimated regression equation for which quantifies the demand for Widget
What other economic factors are affected when taxes are raised or lowered, and how are they affected. Should the government increase tax rates on everyone as a way to equalize incomes and wealth.
Show how the transaction would have been recorded in the German balance of payments accounts. What was the net effect on the German balance of payments.
Discuss the Social Security System, current status and future outlook. Be thorough and focus on the economic considerations. Cite at least 6 sources.
Prime Products manufactures specialized goods to customers' specifications and operates a job-order costing system.
James earned $10,000 in income in his new job in Nova Scotia after the move and his employer paid him $1,000 specifically to cover the cost of the move, but doesn't specify what it can be used for.
Write down the budget constraint of the representative consumer and Write down the maximization problem of the representative consumer and find labor supply
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
Austria has a history of strong hostility to nuclear power, and over the last twenty years the Austrians have shut down all of the reactors in Austria
Assuming labour demand is downward sloping and that the labour market is competitive, what happens to national income as a result in immigration.
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