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1. What is the impact of the of the automatic stabilisers on the government budget's position? Explain.
2. Let's assume that the government wants to increase its spending during a recession. Explain the impact on the government budget's position.
3. Let's assume the government of country X doesn't want its budget to go into deficit during a recession. What should it do during booms?
Name a company that you consider one of the most creative or innovative. What do you think makes it creative or innovative?
How to understand economic inequality? how to measure economic inequality ? what's the role of government to solve the problem inequality?
If the price elasticity of demand is -0.6 and the income elasticity is +0.25, then what is the effect of a simultaneous 10% increase in price and a 20% increase in income on total health expenditures (again just the direction, do not need to calculat..
Explain the difference between Discretionary Fiscal Policy and Automatic Fiscal policy. Provide an example of each.
Under these circumstances, which patient is more likely to file a medical malpractice claim?
Allocative efficiency (where P = MC) is most likely to occur under which of the following type of market structures?
State owned, at least partly, MNCs are becoming common specially those from BRICS countries. What do you think is the future of these types of MNCs? Do they will over the traditional (privately held) MNCs? Explain.
Use the calculator to answer the question below. With a new government tax of $20 per carton, illusrtae what is the equilibrium quantity of cigarette cartons.
The multiplier effect of a change in government purchases. Suppose the government in this economy decides to decrease government purchases by $250 billion. The decrease in government purchases will lead to a decrease in income, generating an initial ..
A machine produces 1000 units of product per day in an existing manufacturing operation. The machine has become obsolete due to tightened product quality standards. Replacement machine A will cost $20,000 and will produce the needed 1000 units of pro..
Consider a monoply that faces a market deman function D(p)=100-p, where p is the price that the monoply changes and q is the quantity. The monopoly has MC=q. Suppose the monoply can do project 1st degree price discrimnation. What is the maximal profi..
The article on China's $4 trillion of reserves indicates that the yuan's depreciation is due to
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