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What is the underlying message of the following lyrics from Keynes?
[Keynes] Public works, digging ditches, war has the same effect.
Even a broken window helps the glass man have some wealth.
The multiplier driving higher the economy's health
The marginal cost of making a wedding cake is $200. In order to maximize profits, Laura should make more than 20 wedding cakes per month. make fewer than 20 wedding cakes per month.
"Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let along I've never heard of a poor person taxing himself into prosperity. Mr. Jones sends his daughter $500 for a semest..
The "Baby Boomers" are in their retirement age. What affect might this have on the productive capacity of a country's labor force.
Suppose the price of labor increases to $2 per unit. What effect will this have on output per unit of labor and is this plant subject to decreasing returns to scale? Why or why not?
the future 2055 the u.s. economy is at full employment. president north west is spending billions of dollars on
What is the corresponding stock variable to the flow variable "investment"
Does the presence of online auction sites, such as eBay, make it easier or harder for traditional retailers and wholesalers to engage in profitable price discrimination? Explain.
1. Why might federal spending on roads, waterways, or national security be less subject to direct expenditure off sets than spending on health care or education 2.What might account for the fact that estimates of effect time lags for fiscal p..
What is the invisible hand principle Does it indicate that self-interset behavior within markets will result in actions that are beneficial to others What conditions are necessary for the invisible hand to work well? Why are these conditions impor..
International trade is most likely to occur whenever a. one of the trading nations is self-sufficient b. all of the trading nations are self-sufficient c. one of the trading nations gains from trade d. each of the trading nations gains from trade
describe the market structure of perfect competition in terms of number of producers, control over price by firms in this market, type of product in terms of differentiation, barriers to entry into this market, and whether economic profit can be..
1. what is the rule of 70?2. nbspare all nations converging to the same level of real gdp per person? briefly discuss
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