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Draw Aggregate Demand, Short Run Aggregate Supply, Long Run Aggregate Supply diagram, starting at the long run equilibrium. Show on the diagram what happens to a given economy when the government lowers income taxes for all citizens. Show on the diagram the short run effect and then the long run effect on the given economy. Explain how this event affects GDP, prices, and employment in the short run and long run.
the national association of professional baseball league inc. reported that attendance for 176 minor league baseball
problem 1assume that in period 0 we have y200 c180 g0 and mpc0.75. assume in period 1 only g increases by 30. how much
a machine is purchased for 150000. revenue for the first year was 50000. over the total estimated life of 8 years
a. Distinguish between explicit and implicit costs of your college education giving examples of each. b. What are your fixed costs Variable Costs c. Use a real-world example to explain the law of diminishing marginal productivity in your co..
Institutions that function to connect one individual's savings another's investment decisions is in summation called the. Bob buys 500 shares of stock issued by Creature Comforts Brewing. Creature Comforts brewing then use those funds to buy new mach..
suppose that the demand curve for apartments near the university is given by p 1000 -q and the supply curve is given by
This basic one costs $4,000 for the employee this year, plus $2,500 for the spouse, and $2,500 for any number of children. It also has a family deductible amount of $2,000 before benefits (80% paid; 20% co-insurance) kick in.
Illustrate and discuss the adjustment mechanism in a perfectly competitive market when there is an increase in demand. Assume that the market is in equilibrium and then some external factor changes that causes demand to increase.
list the productivity factors that may explain the differences in pay between men and women in similar occupations. do
a government is currently operating with an annual budget deficit of 40 billion. the government has determined that
a corporation issued 600000 10 5-year bonds on january 1 2011 for 648666 which reflects an effective-interest rate of
a change in human resources can have a major impact on businesses and our daily lives. list two demographic changes
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