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Suppose the consumption equation is represented by the following: C = 200 + 0.75YD, that investment is fixed at 500 (I = 500), and that government expenditures (G) and taxes (T) are determined exogenously. Suppose the equilibrium output is 2,800. Find a pair of values of (Gand T) that are consistent with this equilibrium output?
make a case for the notion of a negative or positive externality. show model that illustrate how to internalize the
suppose that the cost of capturing a cockatoo and transporting him to the united states is about 40 per bird.
Explain the connections that exist between female labor force participation and divorce. Use your analysis to predict the patterns of divorce and female labor force participation over the next decade.
The company estimates the probability of no damage to be 0.60, the probability of damage between $0 and $10,000 to be 0.25. what should be the price of the policy.
Given Y*=5000 and Y=5300. 1.) Compute the output gap for this economy. 2) Is the economy experiencing a recessionary or an expansion arty gap? Why?
he columbia company manufactures a battery-powered saw. due to increased demand during the past few years columbia has
Consider the two-period consumption model of borrowing and saving. Suppose Claire has an income of m1 today and m2 a year from now and can borrow and lend at the interest rate r. She chooses consumption levels c1 and c2 given her well-behaved prefere..
In monopolistic competition as well as in monopoly,
assume your research staff used regression analysis to estimate the industry demand curve for product x.qx 10000 - 100
A competitive firm has the following short-run cost function: c(y) = y^3-8y^2+30y+5. find the firm's marginal cost function. find the firm's average variable cost function. graph the marginal cost function and the average variable cost function
above you see three indifference curves and a budget line.nbsp answer the following questions.a.nbsp if this consumers
How many additional watches can be produced by an extra hr of labor? As a profit maximizer what price and output should the firm set? Is production capacity fully utilized? What contribution does this product line provide?
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