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The simple (autonomous) consumption multiplier is given by 1/(1 - MPC). Suppose that the U.S. MPC is 0.9. Calculate the consumption multiplier. If consumption expenditure by consumers decreases by $100 billion due to the Coronavirus crisis, how much will U.S. GDP decrease in the simple model?
You have been hired by a new firm selling electronic dog feeders. Your client has asked you to gather some data on the supply and demand for the feeder, which is given below, and address several questions regarding the supply and demand for these ..
a. In which category or categories of the national expenditure accounts, C, I, G, or X, would these spendings be recorded? b. Does the fall in inventories appear in the accounts as a positive or a negative number? Why?
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulate..
If it is good for comunity for people to own their own homes, home ownership should be subsidised with special tax advantages or subsidies.
Think about a company that has been a state-owned, natural monopoly. If it is privatized, what kind of regulatory policies could the government follow, and what impact might they have on the firm.
Answer the following Multiple choice questions.
Which model will be most appropriate for staffing each group: ethnocentric model, polycentric model, or global model? Explain your reasoning for each case. Write a 2 -page paper in Word format. Utilize at least three scholarly sources in your res..
Based upon your understanding of Ohm's Law, discuss why a higher voltage with the same resistance would result in more current. Would an increase in resistance with the same applied voltage result in less current? Discuss the difference between ..
Scientists reveal that consumption of oranges decreases the risk of diabetes, and at the same time, farmers use a new fertilizer that makes orange trees more productive. Illustrate and explain what effect these changes have on the equilibrium price a..
eddie is a production engineer for a major supplier of component parts for cars. he has determined that a robot can be
assume youve just been assigned to a project to determine the future demand for natural gas in a rapidly growing
Density is the mass of a substance divided by the volume. What is the volume in cubic centimeters of a mass of 300 grams having a density of 600 grams per cubic centimeters?
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