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Elements of fiscal policy that move the budget toward surplus as the economy expands and toward deficit as it contracts are called ________.
A. discretionary monetary policy actions
B. automatic stabilizers of fiscal policy
C. discretionary fiscal policy actions
D. automatic stabilizers of monetary policy
Illustrate what are the values of public saving,national saving and private saving.
in a market with annual demand q 250 - 2p there are two firms a and b that make identical products. because their
Suppose your nominal income in 1995 was $24,000. Suppose, too, that the Consumer Price Index for 2012 was 2.5 and that the base year for this index was 1995. How much nominal income would you need in 2012 in order to match the spending power of your ..
Assume that an English worker can produce 50 bottles whisky every hour or 1 sweater every hour.
Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one very large firm Tile King.
Calculate Anthony his explicit cost for operating his consulting firm for a year?
These investors seek unlimited access to investment consultants and are willing to pay up to $10,000 annually for no fee-based transactions.
What do economists mean when they say that "price floors and ceilings stifle the rationing function of prices and distort resource allocation" Use the ideas of consumer surplus and producer surplus
Suppose the consumption expenditure is C = $100 billion + 0.9*Y. Investment (I) is $100 billion, government spending (G) is $50 billion and exports (X) are $100 billion. Imports depend on the level of income as follows: M = 0.1*Y. Calculate the equil..
A study estimates the cross-price elasticity between subscription satellite radio service and subscription Internet radio to be -2.5. Based on this information, we infer that the two services are
Elucidate why the general level of wages is higher in the United States and other industrially advanced countries. What is the single most important factor underlying the long-run increase in average real-wage rates in the United States.
Currently a monopolist's MR = $5 and its MC = $10 and it services 10 consumers. An 11th consumer walks in. Should the company service her?
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