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If C = 1000 + 0.75 x Disposable Income while investment is I = 2000 – 20r. If government expenditures are 0, the tax rate is 1/3, what is the equation of the IS curve? What are the values for r-intercept and the Y intercept?
Describe the main conflict between the sioux and the U.S. What was the culmination of these issues? What was the fate of the sioux? What is the turner thesis? How do differing theories oppose it? Describe how certain tribe’s resisted and ensured thei..
Illustrate what are the implications of savings and population growth at steady a state in the Solow's neoclassical growth model.
q.start at the original correct equilibrium cost and quantity in part a. assume which the government wishes to decrease
Under what circumstances are economic profits a good indicator of market power? Explain why it is not possible to estimate the demand curve simply by fitting a line through annual observations on price and quantity.
A school is overcrowded and there are three options. The do-nothing alternative corresponds to continuing to use modular classrooms. The school can be expanded, or a new school can be built to "split the load" between schools. What is the incremental..
Describe the size of public sector borrowing/public sector debt requirement. Autonomous consumption is 10 billion the marginal propensity to consume.
what is lowest price that will induce firms to supply output. Suppose PI = $40, F = 50 and demand function is Qd = 700! 6P, n if government sets a price of $50 what will be result.
Identify one product that is commonly bought and sold in the economy that has experienced a recent price change. Based on your understanding from the readings and the other material from this module, provide three reasons why you think that price has..
What is the most likely impact on energy prices and the American Aggregate Supply from fracking? Read, "Fracking" Transforms Energy Markets in the United States, pages 530 and 531 in Money, Banking and Financial System Second Edition.
Suppose Jane has a one third chance of becoming disabled in any given year. If she does become disabled, she will earn $0. If Jane does not become disabled, she will earn her usual salary of $60,000. Jane has the opportunity to purchase disability in..
Health capital decisions: What would happen to desired level of health capital if there is an increase in educational attainment? Please use the “supply and demand” type graph. Make sure to explain the graph and answer fully.
Calculate the magnitude of deadweight loss from the price ceiling. Find a price floor that will result in the same magnitude of deadweight loss.
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