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Q1. What is a budget deficit? Explain how are budget deficits financed? Why do Keynesians believe that budget deficits will increase aggregate demand?
Q2. Understanding Supply and Demand in lecture what is the difference between a changes in demand versus a change in quantity demanded? Explain change in supply versus a change in quantity supplied? Elucidate why is it so important to differentiate between these similar-sounding terms?
What is the deadweight loss in both markets if the price of a crate of fresh oranges is raised.
Explain why the different definitions are important also explain the different procedures of the money supply.
What is the confidence interval for the proportion of households represented at a town meeting. Survey of households in a small town showed that in 850 of 1,200 sampled households.
The European Engine Company (EEC) is a multi-national manufacturer of small gasoline and diesel motors.
Elucidate what other types of variables should be considered when determining what is reasonable in terms of maintenance expense.
The unsold computer is carried on XYZ's books as an $800,000 increase in inventory.
An increase in the number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
Analyze the equilibrium cost and quantity in this case and label it on your graph. Moreover calculate, deadweight loss, consumer surplus as well as industry profits.
Using this demand function, find the total revenue function. What is the shape of the total revenue function.
What do you think he would suggest as an economic plan for our economy. Would they agree or disagree with the current policies.
Russian farmers, again, have a poor crop. Their government has announced that they will not ban exports. Discuss the impact on domestic and world prices, consumers and producers the effects of the Russian government's decision.
Lean Burger's drive through receives 20 customers in every ten minutes of business time.
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