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Assume a closed economy with no government. Suppose that autonomous consumption equals $400, planned investment equals $500, and the mpc equals 0.9.
1. Using the information in Situation 20-1, if aggregate output is equal to $10,000, then unplanned inventory investment equals
2. Using the information in Situation 20-1, the equilibrium level of aggregate output is
3. Using the information contained in Situation 20-1, if autonomous consumption increases by $100, then equilibrium aggregate output will change by
4. Using the information contained in Situation 20-1, if planned investment decreases by $100, the equilibrium aggregate output will change by
Compute the population size that is compatible with the maximum sustainable yield. What would be the size of the annual catch if the population were to be sustained at this level?
Your corporation sells its product online and in stores. Your marginal cost $30 is the same in both markets. The demand and marginal revenue curves in two markets are different however.
suppose the indiana power company wishes to maximize profits. the cost demand and revenue functions have been
In an article on the steel industry, The Wall Street Journal noted that as steel prices were falling, steelmakers were not cutting production-Explain how advertising can be employed to allow Tots-R-Us to keep price average above cost without encoura..
have just been hired as a financial analyst for basel industries. unfortunately company headquarters where all of the
1. when commercial banks use excess reserves to buy government securities from the publica. commercial bank reserves
Elucidate what should the US Congress also the Federal Reserve do about it?
Is this farm able to produce 8,000 bushels of corn and 13,000 bushels of soybeans? What does this combination of output suggest about the use of resources?
In the mythical man month by Frederick books he reexamined some of his suggestion in chapter 16 'No silver bullet' related to build vs buy, object oriented program and reuse. what were his new thoughts on those issues in No silver bullet refired ..
Discuss the market for pharmaceutical drugs. Is the market for pharmaceutical drugs an oligopoly market or a monopolistically competitive market. Discuss the importance and cost of research and development. Does every drug pay off.
Suppose we randomly sampled a person who participated in the exit poll and found that he had a college degree. What is the probability that he voted in favor of Scott Walker?
Briefly elucidate how knowledge of price elasticity between different groups of customers
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