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Explain what happens to consumption, investment, and the interest rate when the government increases taxes.
In the keynesian cross, the consumption function is c=200+0.75(Y-T). planned investment is 100, govt purchase and tax are both 100.
What is the cost of producing additional car when 50 cars are being produced? What is the cost of producing additional care when 150 cars are being produced?
1. the summer beach house rental season is june through early september what will happen to the price and quantity of
Suppose that a small town uses a referendum to overcome free ridership problem & determine how its residents might value a new water filtration system for its public water supply.
The frequency distribution below was constructed from data collected from a group of 25 students. I need the solutions. Height in Inches Frequency 58 - 63 3, 64 - 69 5, 70 - 75 ..
What are the differences between effective and aggregate demand and which one is most important in determining the equilibrium of Keynesian economy?
Use the total cost (TC) schedule that is presented in the table below to determine the optimal rate of production when the firm can sell all of the output it produces at a price of $6.50 per unit. Also determine the level of profit (or loss) that the..
If you are the chief economist of a country experiencing high unemployment and flat GDP, what macroeconomic policies might you enact in response to these economic conditions? How would you expect these policy changes to impact the economy?
Please provide a thorough definition for each theory and explain all the components and fundamental conclusions of each!
Each of the following headlines describes an event that will have an effect on desired aggregate expenditure
Your corporation sells its product online and in stores. Your marginal cost $30 is the same in both markets. The demand and marginal revenue curves in two markets are different however.
Make a brief memo advocating that the project should be chosen and also explain why.
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