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Using time series data for the United States from 1990 to 2006,1 the following Consumption and Investment functions are estimated C = -238.64 + 0.683Y - 0.0001355Y 2I = -219.0 + 0.18YAssume a government expenditure of $2216.8 and a net export of -$615.4,
(a) determine the equilibrium national income, consumption and investment.
(b) What is the model multiplier?
A car dealer is offering to a buyer one of two incentives: zero percent financing or $3,000 cash back. If the car price (before the incentives) is $25,000, find the following to compare the two options in terms of monthly payments.
Which of the following would lead to a DECREASE in the demand for tennis balls and marv has a Bachelor of Science degree in mechanical engineering and could be earning $30,000 annually as mechanical engineer.
you are the owner of a small bread factory and are thinking of lowering costs and expanding. your small-business
create a demand schedule and a supply schedule for your product.using these schedules draw a demand curve and a supply
Determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies.
The equation QA= 1/2(12-Q)b) is the so called reation function of duopolist A in a COurnot model becasue given the value of Qb, Qa gives the best or profit-maximizing level of sales of oligopolist A. Show that this is the case with reference. Wha..
If producing at (290, 200) what is the cost of producing 10 more consumer goods? What about 20 more producer goods? If another nation asks our nation to produce 240 consumer goods so that it can trade 30 producer goods for our 40 consumer goods must ..
a pure monopolist determines that at the current level of output the marginal cost of production is 2 average variable
1.using the graph show what happens to the aggregate expenditures curve ae1 when autonomous expenditures fall to
A user has the utility function U(x1,x2)=min{x1,2x2}, and his endowment is W=(0,12)
what is a market? how do you define the proper market size identify potential competitors for a particular product? why
Distinguish between total and average fixed costs, Define and graph total variable cost, maginary cost, and average variable cost, Calculate total cost and explain the relationship between average total cost and marginal cost
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