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Draw the daily budget constraint without any program participation for the single parent described above. On the same graph, draw the daily budget constraint under The Texas Family Assistance Program for the single parent described above. Find the earnings level at which the earnings subsidy ends. Discuss the effect of the program participation on work incentives.
Project the effect of national economic conditions regarding trade and specialization business decisions.
Calculate the effect of the following events on the monetary base:
Assume that economy starts at equilibrium and the mpc= 0.75. Determine what would be the effect of a $300 increase in government spending once all the rounds of the multiplier process are complete?
Think of a business company you recently visited. What motivated producers of all individual iteams in the store to make them and offer them for sale?
If the elasticity of US exports with respect to the real exchange rate is very low, will this increase in private saving have a large or small effect on the U.S. real exchange rate
There is a safe bond B which has 4 years before maturity and pays a coupon of 12% at regular annual intervals and a face value of $100 at maturity. What will be the current price of bond B.
Estimating the demand for money and plotting a demand curve for that estimation based on the equation: M1=a+b1(interest)+b2(time). Where a is the intercept value for the demand curve
Illustrate what does this have on the monetary base, the money supply, total deposits, and economic growth.
Suppose capital is steady, with three machines and MPPK/MRCK = 30, determine the least cost input combo of labor and capital? How much output is produced?
Elucidate assumption concerning economies of scale will give rise to a determinant and optimal scale of the firm in Long run equilibrium in perfect competetion.
Compute the price or output combination and the total economic profits which would result if competitors offer clones which make the QuickerBetter market competitive.
Explain why are there significant disparities in the cost of living throughout the US.
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