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Assuming a fixed amount of taxes and a closed economy, calculate the value of the government purchases multiplier, the tax multiplier, and the balanced budget multiplier if the marginal propensity to consume equals 0.6.
Identify some of the logistics activities that the business engages in - Explain what metrics should be used to assess how effective the logistics function is that would be important to customers.
Do you think firms should earn an economic profit and monopolists always charge the highest price possible and earn short run economic profits. Why is this? If you disagree explain.
question 1the demand for watermelons is highest during summer and lowest during winter. yet watermelon prices are
In recent years, Bolivia, Russia, and Turkey have had much higher nominal interest rates than Canada, while Japan has had lower nominal interest rates. What would you predict is true about money growth in these other countries? Why?
it is often claimed that hospitals compete for physicians rather than patients. assuming this is true how does it occur
Produce the profit maximizing level of output and therefore there will be no deadweight loss associated with this production.
In testifying before Congress, then Federal Reserve Chairman Ben Bernanke said that the sequester "could create a significant headwind for the economic recovery." What did Bernanke mean by a "headwind"? Why would the sequester create a headwind fo..
Thoroughly discuss advantages and disadvantages of each system and explain how exchange rates are determined under each system.
Briefly explain the Microsoft case, focusing on precisely how Microsoft was alleged to have violated the Sherman Act? What was the outcome of the case and why was that decision made?
Show the impact of fiscal policy on GDP and interest rates assuming a fixed exchange rate regime under (i) perfect capital mobility, (ii) perfect capital immobility, and (iii) imperfectly mobile capital.
The income elasticities of demand for movies, dental services, and clothing have been estimated to be +3.4, +1, and +.5, respectively. Interpret these coefficients. What does it mean if an income-elasticity coefficient is negative?
assume that a hypothetical economy with an mpc of .8 is experiencing severe recession. by how much would government
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