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Assume that the marginal propensity to expend is 0.50 and therefore the multiplier is 2. According to the multiplier model, an increase in autonomous exports of 100 would raise the equilibrium level of income by 200. Explain how the multiplier process amplifies the initial shift in autonomous expenditures.
Does the equal marginal principle apply to personal decisions when you have limited income and time? How do you allocate a limited amount of study time when faced with three exams on the same day?
Draw the industry supply and demand curves. Describe and graph what happens to the industry curves in response to the existence of economic profits. Show what happens to quantity and price
Silas 4-Wheeler, Inc., has an ROE of 17.06 percent, equity multiplier of 1.60, and a profit margin of 19.75 percent. What is the total asset turnover and the capital intensity?
Write a program that uses a loop to display the number of calories burned after 10, 15, 20, 25,and 30 minutes. Running on a particular treadmill you burn 4.2 calories per minute. Create a chart or column design using the TAB character escape seque..
The individual demand for a slice of pizza at Sam’s Pizza is given by QD = 6 – P. Assume the marginal cost of a slice is constant at $1 and the marginal revenue function is 6- 2Q. What is the profit-maximizing price and quantity if Sam’s sells all pi..
John passes up an offer for a job paying $50,000 a year and, instead, starts his own business. His new business brings in $160,000 in sales during the first year, and his total costs for items such as materials, labor, equipment, shipping, and insura..
In the Austrian pure free market, a nation with a low savings rate will have _______ interest rates and _______ levels of investment. According to Keynesian analysis; the proper government response to a recession is _________, whereas an Austrian wou..
What is the definition of Health? What is the definition of Healthy Behavior? What are the 5 Social determinant of health? The cultural impact on health. Understand the purpose for the Healthy people 2020 initiative. What is the role of the World Hea..
If you invest $1,000 today, how much will it be worth in 20 years? Assume that the money will grow at the interest rates: of 8% compounded semi annually during years 1-10, and 12% compounded quarterly during the remaining years.
Suppose the nation of Arcadia produces only two goods, teapots and surfboards. If Arcadia produces teapots, it can make 40 per day. If Arcadia produces only surfboards, it can make 60 per day. What is the opportunity cost of one teapot in Arcadia?
An airline ticket costs the same from Casper, Wyoming to Denver, Colorado, and from Denver to Orlando, Florida. Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and..
What individual product decisions and product line decisions has MCC made for Smart Car. Why did it make these decisions. What marketing recommendations would you make to MCC.
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