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Q. You can use back of this page as scrap. I will not look at back when grading this quiz, so you should present your complete answers by questions. Consider following numerical example of simple Keynesian model with no government spending or taxes (all figures in $billions): C = 100 + 0.9 Y I = 50 a). What is value of marginal propensity to consume (MPC) in this model? Marginal propensity to save (MPS)?
Identify and explain five major factors that affect the demand for starbucks. Illustrate what do you think will happen to these factors over the next year.
Find out industry's profit-maximizing cost and quantity. Illustrate what is its profit. industry's production manager claims that industry's average cost of production in minimized at an output of 40 units.
Elucidate how this can be possible, in spite of the fact that the exchange itself creates nothing new the goods being traded are still the same as they were before being traded.
Derive Chenyu's consumption function in terms of her annual income Y and initial wealth W according to the life-cycle model.
Elucidate how is the tax burden split between buyer also seller.
Some of the largest import tariffs tax on imported goods is on shoes. Strangely, the cheaper the shoes, the higher the tariff.
Indicate if GDP is affected, under what category and what happens to GDP Oklahoma cleans up after a devastating tornado.
Find out the expected number of points resulting from the one on one. Compare this with the expected number of points from a two shot foul, where the second shot i always given.
Assuming the basic fixed-order quantity inventory model fits this situation and no safety stock is needed, which of the following is the reorder point (R).
Find out the optimal price-quantity if the firm can price discriminate but cannot charge a two part tariff.
Illustrate what would be a simple options strategy utilizing a put and a call to exploit your conviction about the stock price"s future movement.
If David also Ellen live in rent-controlled apartments, illustrate what is the equilibrium cost for the non-rent-controlled apartments.
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