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Q1. Q=10,000-1,000P+0.05Pop+0.61+0.3Awhere Q is quantity, P is Cost ($) Pop is population, I is disposable income per capita, ($), and A is advertising expenditures ($)
Determine the demand curve faced by CPI in atypical market where P=$5, Pop 1,000,000 persons I=$25,000 and A=$10,000
Q2. Assume the government decides to increase taxes by $50 billion and to increase transfer payments by $50 billion. Illustrate effect would there be on aggregate demand?
Q3. Which of the following would occur if the federal government decided to use a budget surplus to reduce the existing debt?
On the same day, the San Francisco Chronicle had an article with the headline "Sharp Drop in Bay Area Home Sales"
Applying the principles of the Keynesian model, what specific economic policies would you propose to accomplish these goals.
Under what situation would Gore be better off giving Bush a head start on putting mutually his presidential ticket.
Board of directors has directed you to choose an output level that maximizes the firm's profit. You have an incentive to maximize profits because your job and salary depend on the profit performance of this company.
Illustrate why did official money lose its meaning in Germany during the 1920s. What did the German government do or not do.
Will there be significant progress on the poverty front, because of an increase in GDP.
Show how each of the following would initially affect a bank's assets and liabilities.
Abstracting from any other factors, what is the range for rates of exchange of modems for DVD drives that will now include Northland
If one defines incremental cost as the change in total cost resulting from a decision, and incremental revenue as the change in total revenue resulting from a decision, any business decision is profitable.
Statistical analysis indicates that a=0.8 and b=0.3. The firm's owner claims the plant has increasing returns to scale.
Be sure to label your graph carefully as well as accurately. What is the slope of the budget constraint.
Any goods from all should be of higher demand than supply; the other good should show higher supply than demand.
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