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Suppose a government is established in a country where none previously existed. The government spends 110, financed by borrowing, to provide public services. If autonomous consumption plus investment is 190 and the marginal propensity to consume MPC = 0.75, what are the equilibrium real GDP values?
Traditional Monopoly is a firm that is the only seller of a good or service that does not have any close to substitutes. Government keeps out or keep other firms from entering in a market. The firm, one firm is the key source that produce less and..
A lottery claims its grand prize is $10 million, payable over 20 years at $500,000 per year. If the first payment is made immediately, what is this grand prize really worth? Use a discount rate of 6%.
Consider a firm that has just built a plant, which cost $20,000. Each worker costs $5.00 per hour. Based on this information, fill in the table below:
Suppose that individual forecasts of a particular interest rate are normally distributed with a mean of 10 percent and a standard deviation of 1.6 percent. (Round k, Q1, and Q3 to three decimal places, and round percentages in part a to the neares..
If graphed, would the curve for this equation slope upward or slope downward and are the variables C and Y inversely related or directly related?
Connor knows that the two 'P' represent the key to sustained economic development for low income countries. The two 'P' are labour productivity growth and poverty decrease.
Decreases aggregate quanity demanded among a stationary aggreate curve. E rases the equilbrium level of output and employment.
Illustrate and explain the interaction of households, businesses, government and global markets in the circular flow of economic activity.
Myra receives a $20,000 gift from her cousin and inherits $80,000 in corporate bonds from her Aunt. Myra receives $7,000 in interest income from the bonds. How much does Myra include in gross income?
Elucidate whether you would draw an aggregate demand or aggregate supply diagram and predict what shift each situation would cause.
Illustrate what would be various variations and perspectives from current economic downturns
Illustrate what does this suggest about the natural free trade pattern of specialization in Argentina. i.e. would we expect that it would be a net importer or exporter.
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