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Explain the effect of a discretionary cut in taxes of $40 billion on the economy when the economy’s marginal propensity to consume is .75. How does this discretionary fiscal policy differ from a discretionary increase in government spending of $40 billion?
Two consumers Jorge and Admen, together own 1,000 baseball cards and 5,000 Pokémon cards.
q.suppose that social statistical data on two macro indicators were just released in the us. the price growth for past
Suppose that Rob and Big both raise animals and sell them. Because Rob and Big have different talents, they have varying abilities to raise these animals. In 1 day, Rob can produce either 10 cows or 20 pigs.
The demand for 1,000 units of a part to be used at a uniform rate throughout the year may be met by manufacturing. The part can be produced at the rate of 3 per hour in a department that works 1,880 hours per year.
Why would a company change its product mix rather than just produce and sell more of everything? How do you think Outperformance software determines how to change the product mix to generate more profits?
q1. when corporate income taxes are assumed to exist modigliani miller and the traditional theorists agree that capital
Assume which winemakers in the state of Indiana petitioned the state government to tax wines imported from other states.
______ signals that a recovery is coming, and is a condition to be expected at the trough of the business cycle.
How should the IMF (international monetary fund) operate? Why is the topic of interest to you in this course? How do you want to answer the question or issue you are pursuing?
Milton Freedman, the champion of the Monetarists School of Economics, basically proved that it was monetary theory, changes in the money supply, that was the only way to affect the economy. Pump priming was false.
You win the lottery and are promised by the Lottery Commission $12,000 a year for 6 years, starting next year. Assume the interest rate is 9%. What is the present value of this prize?
IN what did South have a comparative advantage. Did Civil War change any opportunity costs in South. Did opportunity cost of everything rise. Or did items cost less.
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