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Q1. Assume the following model of expenditure sector:Sp = C + I + G + NXC = 420 + (4/5)YD YD = Y - TA + TR TA = (1/6)YTR0 = 100I0 = 160G0 = 180NX0 = -40
If the government would like to increase the equilibrium level of output (Y) to the full-employment level Y* = 2,700, by Explain how much should government purchases (G) be changed?
Q2. Evaluate the impact globalization on domestic governance. Identity and explicate at least three significant factors requiring domestic changes.
Explain how businesses create value by integrating the production and distribution of goods, services, and information.
Based on the information conveyed by the demand curve expressions, how would you explain the price difference between the two meals.
What are the factors that affect pay differentials? How does each factor increase or decrease relative wages?
Compare and contrast inflation and deflation. What are some of the damaging effects that each has on an economy.
Population growth in developing nations has proceeded at unprecedented rates ower the past few decades.
Draw and show the change in the PPF when an outbreak of avian flu sickens millions of agricultural and industrial workers.
The constant rate no before the one child policy; after the introduction population growth drops to the constant rate n1 analyze the effect of this policy.
A brewery is considering two potential production investments.
calculate the price elasticity of demand for each product and compare with your teammates' elasticities.
Your publishing house is about ready to release John Grisham's newest novel just in time for Holiday giving.
Explicate which among the policies is most effective and least effective for this nation.
What is the output of each firm if they collude to produce the monopoly output. What profit does each firm earn with such collusion.
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