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1. If the marginal propensity to consume in a municipality is 0.8, what is the value of the simple multiplier? 2. If a new stadium in an ew consumption expenditures is built, what is the impact on the economy based on the multiplier? 3. Suppose the marginal porpensity to import is 0.3, what happenes to the multplier and the impact on economy?
The demand for coffee cakes is less than or equal to 4. Five pounds of flour and 2 pounds of sugar are required to make a pan of coffee cakes, and 5 pounds of flour and 4 pounds of sugar are required to make a pan of Danish pastries. A pan of coff..
Both Market A and B have the same demand curve of Qd = 400 - 20 Pd where Pd is the price customers pay and Qd is the quantity demanded.
The question asked was assume that the government imposes a price ceiling on toasters. In particular, suppose that it decrees that a toaster cannot sell for more than $14.
Describe the opportunity cost of good 1 in terms of good 2. Find out the opportunity cost of good 1 at the point where x1=1.
If you are the chief economist of a country experiencing high unemployment and flat GDP, what macroeconomic policies might you enact in response to these economic conditions? How would you expect these policy changes to impact the economy?
Illustarte what are the main costs of production for the good or service your organization supplies. Breakdown the costs from the largest to the smallest.
If the desired fiscal stimulus is $20 billion and the desired AD increase is $50 billion, we can conclude that the MPC is:
Illustrate what is the adjustment mechanism under a flexible exchange rate regime. Illustrate and explain which curve(s) will shift during the adjustment.
Illustrate in the graph below the deadweight loss (DWL) that would result if this monopolist were allowed to operate as a profit maximizing firm without regulation.
Suppose the market for widgets can be described by the following equations: What is the equilibrium price and quantity?
Illustrate what accounting tools also reports would you use. Use the Library and internet to re-explore value chain management.
Suppose you are considering putting your savings in an investment fund. One scenario projects stable prices, and therefore, low returns. The other scenario involves high inflation and, consequently, high returns
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