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Suppose the world price for the country's exports fall such that exports decrease by 50 from 150 to 100. What is the new level of GDP? What is the effect on the government's budget balance? What happens to net exports? Can you explain why the change in net exports less than the decrease in exports
EZ Sharp Industries, Inc., manufactures the Kleen Edge(TM) line of diamond-abrasive cutlery sharpeners for home use.
Suppose there are two types of movie: Arty (A), and Popcorn (P). These films may be either Decent (D) or Terrible (T). 35% of all movies are Arty. 20% of all movies are both Arty and Decent. If a film is a Popcorn, there is a 75% chance that it is Te..
q. suppose that a ton of steel currently sells for 2000in united states and for euro2000 in germany. the exchange rate
Building the IS-LM Model page 335 2. In the Keynesian cross model, assume that the consumption function is given by: C= 120 + 0.8 (Y-T). Planned investment is 200; government purchases and taxes are both 400. What is the equilibrium level of income?
Each of these two cash-flow series is equivalent to a third series, which is a uniform gradient series. What is the value of G for this third series over the same five-year time interval?
Assume that the market price for a physician visit is $100 per visit. A person has an insurance plan that has a $1000 per year deductible. Once this deductible is met, the person’s coinsurance rate goes from C = 1 to C = .20. Let’s look at three diff..
q1. what is true about using the least squares method of plotting an estimated regression line on a scatter diagram?q2.
Suppose the demand curve for a monopolist is QD = 500 − P, and the marginal revenue function is MR = 500 − 2Q. The monopolist has a constant marginal and average total cost of $50 per unit. Find the monopolist’s profit-maximizing output and price. Ca..
Then, there is an increase in demand. Describe the process that eventually leads to a new long-run equilibrium.
If the department's objective is to maximize tax revenue collected, is the present mix of CA s and bookkeepers optimal? Explain.
A wealthy executive is holding money, waiting for a good time to invest in the stock market. this action would be an example of the:
Now, the payoff from adopting windows is (50 x W) and from adopting Mac is (15+ 5 x M); n consumers are simultaneously deciding between Windows and Mac.
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