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a) Explain why a higher marginal tax rate reduces the size of the government expenditure multiplier.
b) Suppose government increases autonomous taxes and defence expenditure by the same amount. Will real GDP increase in the short run? Why?
Peterson has just completed his study from college and is now a junior member of the staff of a United State senator. He has been asked to draft a statement detailing the senator's position on the economic growth implications of immigration
Elucidate how does the fiscal policy impact your organization or a selected organization with which you are familiar. Provide two scenarios to show the impact.
What is your economic cost of buying a ticket? What is your economic cost of attending the game (once you already bought the ticket)?
the marketplace in which it operates the role of government regulations of company and any issues or opportunities that the Home Depot faces.
The primary period had been 10 years, what would the compound growth rate have been then. What would you expect the sales to be after 16 more years.
Competitive Market Equilibrium. Assume demand and supply situations in the competitive market for unskilled labor are as follows;
The basic Idea as per the Solow model and its relationship with technological advance. What will add to capital stock and detract from it.
Microeconomics and macroeconomics: Elucidate the differences among the two and why economics is divided into these two subdivisions.
Elucidate that the indirect utility fuction of quasi convex function of prices and income
One of the major issues in macroeconomics is disagreement in the debate over policy activism versus policy rules. Illustrate what exactly is that disagreement.
Elucidate what have noticed is that there is a high demand for Louis Vuitton bags even though they are so expensive.
Tom total revenue from cafe is 50000 per year, he bought a coffee machine costing $5000 an interest rate of 5 percent and $3000 is a loan from the bank which the rates is 10%
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