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If congress and the president decide an expansionary fiscal policy is necessary, what changes should they make in government spending or taxes ? what changes should they make if they decide a contractionary fiscal policy is necessary?
Attila (A) and Francis (F), live on Coconut Island and face the problem of determining the amount of military defense they need to repel a potential invasion from neighboring islanders. Defense is a jointly consumed pure public good. They agree to..
The North Carolina Association of Professional Cat Groomers has asked the state legislature to require that anyone who offers cat grooming services in the state must have a license. Under the Association's proposal, any of the existing members of ..
ssume that a hypothetical economy with an MPC of 0.75is experiencing a severe recession. By how much would government spending have to rise to shift the aggregate demand curve rightward by $50 billion How large a tax cut would be needed to achieve th..
In turn, what factors influence the level of investment what sort of government policies or programs are capable of stabilizing employment and dampening the business cycle How do these policies work
Assume the growth rate of the software company and the interest rate are both constant and the software company will be business for years to come.
Illustrate the impact of food stamps worth $100 compared to a $100 cash transfer on Joe's budget set b. Starting this month, Joe would receive food stamps worth $100 per month. How much more food would he buy this month if food on average costs $2..
Texas instrument once announced a price for random-access memories that wouldn't be available until two tears after the announcement few days later, Bowmar announced that it would produce this product and sell it at a lower price than Texas instru..
Canada, the US and Mexico are clearly separate countries. Does this information alone imply a lower standard of living in each of three nations compared to the condition where they are united into a single new country?
Lars consumes only potatoes and herring. When the price of potatoes was 9 crowns per sack and the price of herring was 5 crowns per crock, he spent his entire income to buy 5 sacks of potatoes and 10 crocks of herring per month.
while a dairy farmer has a horizontal demand curve? What other suppliers might face a downward-sloping demand curve and what implications does this have for their advertising budget as compared to suppliers with horizontal demand curves?
It cannot be as the inflation by definition real wages have factored inflation in.
Elucidate the pressures that increasing German interest rates put on the other European Union (EU) countries' currencies.
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