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Effect of fiscal policy on trade imbalance
Suppose a country has been running a significant expansionary fiscal policy for many years. Monetary policy has not been particularly expansionary or contractionary. What can you expect to happen to this country's trade balance? What are the costs and benefits of this trade imbalance? If the country wished to correct for its trade imbalance, what fiscal and monetary policies would you suggest this country pursue now?
Compute the coefficient of price elasticity for the price ranges given in the schedule and complete the first column of the table. What do you notice about the algebraic sign of the values you have just computed? Why is this so?
A firm uses a single plant with costs C = 160 + 16Q + .1Q 2 and faces the price equation-Find the firms profit maximizing price and quantity. What is its profit?
Illustrate elastic or inelastic. Make confirm you continue to use the correct terms when considering changes in price
Give the before-tax charcoal price and quantity exchanged. Give the after-tax charcoal price to buyers, the quantity exchanged, and total tax revenues.
The percentage changes in quantity demanded divided by the percentage change in price.
Describe the maximum insurance premium that the individual is prepared to pay.
Illustrate why do the Classical or Monetarist schools of economic thought maintain that monetary stimulus is doomed to be ineffective in the long run.
If supply decreases along a given demand curve. Fiscal policy focuses on manipulating.
If salary in the private organization are set equal to the value of the marginal product, how much will they rise yearly.
Shelly's preferences for consumption and leisure can be expressed as. This utility function implies that shelly's marginal utility of leisure is C-200 and her marginal utility of consumption is L-80.
What are the macro and micro problems? What systems are affected structural, psychosocial, technical, managerial, goals?
Illustrate what policies have been proposed or implemented to address the problem your describe.
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