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Consider the following aggregate expenditure model of an economy:C = 50 + (8/9)Yd T = (1/4)Y I = 100 G = 150 X = 100 IM = (1/3)Ywhere C is consumption, Yd is disposable income, T is taxes, Y is national income,
Yd = 450Y = 600
Calculate the government's budget surplus or deficit at the equilibrium level of income. Calculate thetrade balance (net exports). Illustrate the trade balance in a diagram of net exports as a function of national income.
What are the assumptions that are required for the capital asset pricing model and explain the three steps of top down investment.
f there is an increase in labor productivity, there will be a: A. Leftward shift of the labor supply curve B. Rightward shift of the labor supply curve
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Briefly describe the major categories of expected benefits and expected costs from undertaking the project and explain how and where the value of human lives saved or lost might enter this analysis, and explain whether all of these effects are addr..
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What are the financial markets and what purposes do they serve and what are financial intermediaries? How do these intermediaries function in the economy?
The AS curve does not describe the same kind of relationship between price and quantity as a microeconomic supply curve. Why?
Using Minitab estimate the expected value of its profits and standard deviation of profits and calculate the expected value of returns of stock A & B
you have 10000 and your goal is to save as much money in five years in order to make a downpayment for a house. create
Your local government needs to increase tax revenue. To increase tax revenue it can either increase the property tax on residential property or increase the property tax on all property. The government wants to impose the smallest excess burden po..
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Microeconomics Question. Please do not use any answers already used from Course Hero. In particular Railroad is already been used. Describe an example of a real-world industry or market that would be considered by economists to be a natural monopol..
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