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Elucidate how can tax cuts help revive the economy? Explain.
1. Write your individual answer to the question listed above minimum 300 words in essay format in APA style [use APA template in Doc Sharing], using correct economic terms covered in the discussions. If you ONLY write 300 words, you probably won't be able to fully answer the questions.2. Your answers must include discretionary fiscal policy, expansionary fiscal policy, tax multiplier, Aggregate Demand-some-not all--of these and/or other terms from this week.3. You must use at least one article. Note: The textbook is not an article and cannot be the ONLY source for the assignments.
Illustrate what is the economy's MPC? It's MPS. Illustrate what was the APC before the increase in disposable income.
Under monopoly, still with the price PW which is again label triangle of consumer surplus and the triangle of producer surplus.
Illustrate what is the efficient price of water. Illustrate what are the quantities of water allocated to agricultural also industrial use.
How might you construct a measure of the change in the price level. Illustrate what additional information might you need to construct your measure.
Business firm that holds a global monopoly on a particular product but is currently selling the product only in its domestic market where its profits are substantial.
At a product price of $52, will this firm produce in the short run. Illustrate what will profit or loss be. Complete the following short-run supply schedule for this firm.
Explain is there a relationship among the age of an unemployed individual and the number of weeks of unemployment.
You complain that the current labor contract specifies a full hour for your lunch break and you still have over 15 minutes left.
In some states, mining for coal leaves large amounts of rubble, which poses flooding problems; causes land damage also is unsightly.
Elucidate how do your previous answers change in the special case where money demand does not depend on the expected rate of inflation
One example is deciding which side of the road to drive on. It doesn't matter which side it is as long as everyone chooses the same side. Otherwise, everyone may get hurt.
What performance percentage would you use to trigger executive bonuses for that year.
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