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Suppose the government raises its revenue by a net tax of 25% on income, t = 0.25, the marginal propensity to consume out of disposable income is 0.8, and the government has an outstanding public debt of 1,500. The autonomous expenditure is (C0 + I0) is 600 and government expenditure is 400. What is the debt to GDP ratio?
Real GDP is 15.4 trillion and Potential is 15.8 the purchase multiplier is 2 and the tax multiplier is -1.6 how much does the government need to spend to increase the GDP .4 trillion
Elucidate why the general level of wages in high in the United States and other industrially advanced countries.
"Pumping the price war is Borders Rewards, the loyalty program that Borders Group introduced at the start of the year. Members get weekly coupons via e-mail and a ‘personal shopping day' when they can save 10 percent on most purchases on a day of ..
From the two businesses perspectives, the two products are indistinguishable. The large investment required to build production facilities prohibits other firms from entering this market, and existing firms operate under the assumption that the ri..
List the various causes of inflation and determine if they are an injection or a leakage. Justify why you selected injection or leakage.
Black Diamond Tennis & Golf Club offers golf and tennis memberships to residents of Black Diamond, Ohio, in which there are 2-types of families:
a.) Complex systems such as the climate are characterized by thresholds and feedback loops. Describe 2 positive feedback loops for global climate change. Describe 2 negative feedback loops for global climate change.
CSUN- Economics: Which were the main causes of the Great Depression? Why did the Great Depression last so long? Please use the bibliographic information recommended by the Modern Language Association (MLA).
What is Avon's strategy? Good to look at class notes and the text! What should it be? The same? Something different? How can you show that your solution makes sense?
The following table provides the prices and quantities of apples, oranges, and bananas in years 2000 and 2014 consumed by an average household in a hypothetical economy.
How would you allow people to maintain the privacy of their medical and financial records, while making it possible for companies to advertise products that are interesting and useful to consumers? Where would you draw the dividing line between wh..
Is there which you can do to hedge your bet. That is, is there some way to ensure that you won't lose all of your money in case the value of the franc plummets.
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