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Principle of contracting-out
Use the principle of contracting-out to provide an economic argument for contracting-out or outsourcing some government-provided service or aspect of a firm's production.
Illustrate what is the cost of the same basket of goods and services in 2005.
Draw a graph describing the demand and supply curves before and after the tax. describe graphically the tax revenue and how it is shared between the consumers and suppliers (producers) of gasoline.
Illustrate recommendations would you make to Congress and the President for the management of fiscal policy.
Consider a monopolist facing demand curve Q = 100 - P. MC=AC=$20. Find out the monopoly price, profits, and consumer surplus.
illustrate what happens to total income when the price of milk is increased.
Explain is contracting a government service out to some private firm the best way. Does it make economic sense to contract out some government services.
Illustrate what has been, also what will be, the short run and long run impact of the Federal fiscal policy which has been followed in the past few years.
Illustrate is the point cross elasticity among steel and aluminum. Are steel and aluminum substitutes or complements
Graphically illustrate the impact of an open-market purchase by the Federal Reserve on the equilibrium interest rate using the theory of liquidity preference and the market for real money balances. (Be sure to label:
Plot the wage- setting and price setting equation or a property labelled graph and identity the nature rate of unemployment.
Briefly describe and critically possible short-run and long-run macroeconomic effects of this continuous increase of the federal fund rate
At level of inflation explain how long does it take for the price level to double.
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