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Which of the following would be automatic stabilizers?
Employment-insurance payments
Cost-of-living escalators in government contracts and pensions
Free university tuition for unemployed workers after six months of unemployment, provided that they are under 30 years old and have had five or more years of full-time work experience since high school.
Is there a stigma attached to automatic stabilizers, and are they what are sometimes referred to, often derogatorily, as “entitlements”? As a student of macroeconomics do you see anything good in the automatic stabilizers? Why or why not?
Illustrate what is the purpose of macroeconomic models. Explain how a model of ice cream production can be used to explicate 50-fold income differences across countries.
q.the market for pizza has the following demand and supply schedules supplied of price quantity and demanded quantity4
The entire principal of the borrowed amount of $10,000 will be repaid in 2 years. However, the quarterly interest of $330 must be paid every 3 months. Find the nominal annual interest rate that you are paying.
The following, adapted from a merger case in 2014, were the approximate U.S. market shares of different cigarette companies: Altria, 47 percent; Compute the Herfindahl for this market, showing how you arrived at this number. Suppose that Reynolds Ame..
What are all producers assumed to maximize?
According to both classics and Keynes, if, all else the same, the general price level increases by 5%, The demand for money will increase by 5%. Both the demand for and the supply of money will increase by 5%. In the real world, if the Fed keeps pump..
Mike finds a Coke machine in an abandoned part of town and is extremely thirsty. The Coke machine requires exact change - two quarters and a dime. No other combination of coins will make anything come out of the machine.
Why tax multiplier is smaller than the multiplier for the same amount of government spending? Please explain with the following data: $1 million tax cuts, $1 million increase in government spending, MPC=0.75.
On what documents (and where) would a sale of some of your company's equipment for cash appear?
Suppose that a firm’s long-run average total costs of producing an individual income tax return is $75 when it produces 1,000 returns and $75 when it produces 1,200 returns. For this range of output, the firm is experiencing
Aristotle’s moral theory argues that _________________ is the primary end of human action. By “activity of the soul according to virtue,” Aristotle defines his subtle notion of ________.
A product earns an annual gross revenues of $90,000, the variable costs is $60. The fixed cost are $30,000 and the product is sell for $90. The quantity of product sold last year was $1000. The annual profit is most nearly:
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