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According to Keynes, fiscal policy can be used to achieve:
1. One hundred percent Employment.
2. Price stagflation.
3. Socioeconomic development
4. Inequality.
In the long-run, if government increases consumer tax rates, real gross domestic product (GDP), unemployment and the price level will change in which of the following ways?
Fall proportionately more than the change in GDP, Fall proportionately less than the change in GDP, Rise proportionately more than the change in GDP
Assume the price of beans rises from $1.00 a pound to $2.00 a pound, quantity demanded falls from 10 units to 6 units. In this example, the demand for beans is said to be ______
How do individual firms in a perfectly competitive industry respond to an increase in the market demand for the product? Would advertising by individual firms in this type of market provide any benefits?
we can assume the united states is making progress in becoming more green so to speak. however countries like india
Explain with illustration the abnormal supply curve
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Describe the impact of the recent economic crisis in the U.S. on the automobile industry, with special reference to the operating costs and auto sales in the industry.
Normal 0 false false false EN-US X-NONE X-NONE A person desires to receive..
draw an ad-as diagram representing the u.s. economy in a recession. also draw a diagram of the u.s. labor market in the
problem 1use the internet to study two franchisees in two different industriesor sectors. then carefully evaluate and
over the past 12 months the four winds novelty company firm has recorded its internet sales equals monthly output
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