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Discuss the impact of the following three government actions on the current and future U.S. GDP:
(1) the government buys $500 billion worth of orange juice and pour it down the drain?
(2) the government buys $500 billion worth of bombs and drop them in the ocean?
(3) the government spends $500 billion to improve our schools, public transit, roads, bridges, and other infrastructures?
What is a budget constraint? How does a budget constraint explain consumer choices when used in conjunction with indifference curves?
Describe the growth rates and the time period of the growth. Role of monetary policy in GDP growth (money supply, interest rates and inflation).
Milton Friedman faiths in a steady growth monetary policy. Illustrate what does that mean and critique this approach.
1. if there is no shock and yet the economy in the sr has an excess supply es of goods and an excess demand ed for
Calculate the equilibrium price and quantity of grasslands before the subsidy. To encourage grassland production, Simba announces a price floor of $140 per.
A monopoly is manufacturing a level of output at which price is $80, marginal revenue is $40, average total expenses is $100, marginal cost is $40and average fixed cost is $10.
You are the senior management team of the beverage division of PepsiCo. In the year 2016, you are presenting a high level strategic analysis of your current business to the Board of Directors.
Suppose your company is considering an investment that will generate an expetected return of 15%. The project costs $200,000.
Why countries engage in international trade and how that country aligns with the PPF concept.
Do you agree with the Progressives? Does our government have a responsibility to help the needy?
Create a second table that will house the donations from each member. Identify an appropriate field to exist in both tables that will serve as a commonfield.
Assume you are the general manager of a concrete mixing and delivery facility located in Texas. Your company purchases the raw materials for concrete, mixes the concrete according to customer specifications,
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