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1. The government has a budget surplus if:
the money supply is less than total expenditures.
its total revenues are greater than its total expenditures.
its total revenues are equal to its total expenditures.
its total revenues are less than its total expenditures.
2. Changes in the budget balance:
can be both the result of and the cause of changes in the economy.
can cause fluctuations in the economy.
can be the result of fluctuations in the economy.
are always bad idea.
The demand for personal computers can be characterized by following point elasticity = -5, cross-price elasticity with software = -4, and income elasticity = 2.5. Indicate whether each of following statements is true or false, and describe your an..
john doe has developed a financial retirement strategy. his plan is to invest in somewhat risky stocks for 15 years
the xerxes company is composed of a marketing division and a production division. the marketing division packages and
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..
Calculate the profit maximizing price and quantity of subscriptions for the U.K. and indicate each on the appropriate graph. Do the same for the U.S.
a company obtained 500000 for a necessary technology from a venture capitalist who charges them 24 compounded monthly.
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a recommend some u.s. fiscal policy change in business taxes or government spending that would reduce the u.s.
Suppose the market for hospital outpatient treatment is in equilibrium when a price ceiling is set below the equilibrium price. What do you expect to happen?
The fashion (clothing), consumer electronics, fine fragrance industries are knwon to practice or have practiced resale price maintenance. In each case,indicate the probable motivation for RPM and the likely welfare consequences.
In what kind of market do you think your franchise operates (perfectly competitive, monopoly, monopolistically competitive, oligopoly)? What are the specific characteristics which make it this type of firm?
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