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in an economy, autonomous consumption expenditure is $50 billion, investment is $200 billion and government expenditure on goods and services is $250 billion. The marginal propensity to consume is 0.7 and net taxes are $250 billion. Exports are $500 billion and imports are $450 billion. Assume that net taxes and imports are autonomous and the price level is fixed , a. what is the consumption function b. what is the equation of the AE curve c. calculate equilibrium expenditure d. calculate the multiplier e. if investment decreases to $150 billion, what is the change in equilibrium expenditure. f. describe the process in part(e) that moves he economy to its new equlibrium expenditure.
Non-enforcement of occupant loads have been at root of several large loss fires in past including Cocoanut Grove fire. Why is enforcement of this aspect of egress design so important. Examples from your own experience.
discuss the one presented in the Bruntland Commission Report
Industry-land was so named because it is highly industrialized. It is a world leader in production of manufactured goods. If industry-land put all its productive efforts into manufactured goods, it could produce 1,000 units per year. Draw a produc..
Illustrate which currently operates out of an office in a small town near Boston, just discovered a vacancy in an office building in downtown Boston
How should labour be allocated between x and y to satisfy the demands calculated in part.
Suppose you and your roommate have started a bagel delivery service on campus. List some of your fixed costs and describe why they are fixed. List out some of your variable costs and describe why they are variable.
Provide one quote and its context for both a positive and normative statement. Evaluate the statement choices of your fellow students.
which of following is a characteristic of a binomial experiment. A. at least 2 outcomes are possible b. probability changes from trial to trial c. trials are independent d. None of these alternatives is correct.
Assume which two people, Michelle also James every live alone in an isolated region. They every have the same resources available also they grow potatoes also raise chickens.
Could you reduce the cost of producing 1,800 pots per day by adding a pottery machine to your production process and reducing the amount of labor. Explain why or why not.
how resource growth and improvements in technology can allow a nation to increase its production of government goods and services while also increasing its output of private goods and services
A corporation has ten employees, all of whom want a more pleasant work environment. Accordingly, they are considering removing litter from the grounds of plant.
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