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Consider an economy in which the current level of income is $600b, "the" multiplier is 4, the marginal tax rate is 20%, the current budget deficit is $30b. To increase income to $650b we require an increase in government spending of
a) less than $10b
b) between $10b and $15b
c) between $15b and $20b
d) over $20b
Using demand and supply analysis, explain why this new process will not cause a surplus of crude oil. If no surplus is created, then what will be the impact of this process on the market for crude oil?
there are various strategies such as flow production group technology level production and scheduling which can be used
Calculate the consumer surplus that exists in market and calculate the producer surplus in this market. Does the producer surplus differ from firm profits? If so, why? If not, why not?
in which type of handling system is labor cost generally the highest percentage?a mechanizedb semiautomatedc automatedd
Citrus Speculation and Forecasting, Corporation, has been employed by a private consortium of orange growers to forecast what will happen to the price and output of oranges under the situations listed below.
The fiscal policy measure that has more direct impact on the economy is an increase in government spending if consumer confidence is lower than the previous month. One of the ways the President Obama stimulated the economy was through increased g..
Why might banning advertising drive up prices? Why have economic analyses of clinical and administrative innovations become more important? What does it mean to have market power? Are firms with market power extremely profitable?
Which of the following will not cause aggregate private spending to decrease?
Please explain the difference between Microeconomics and Macroeconomics in at least 300 words.
assuming that all other factors remain unchanged determine how a firms break-even point is affected by each of the
Explain why hyperinflation has such a devastating impact n economies. Explain what it takes to stop hyperinflation Describe the three types of unemployment. What types of government programs would be most effective in combating each type of unempl..
What kind of consumers buy this product? Are there targeted marketing campaigns to specific groups of consumers?
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