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In a certain economy, when income is $100, consumer spending is $60. The value of the multiplier for this economy is 3. It follows that, when income is $101, consumer spending is? How to solve the problem
1. you are a commuter student at a local university. because of the steep rise in gasoline prices your parents decide
Explain why general level of wages is high in United States and or industrially advanced countries.
Using the probability from part a, if 5,000 data sets include 10,000 random numbers, how many of these data sets would be expected to have a sample mean of at least 0.499
Why might college students’ price elasticity for vacation rentals on HHI be 3.0 while active seniors’ price elasticity be 1.0?
Ralph Sampson, the company's CEO, want to cut back on production of the fishing anchor so that the company can make more yacht anchors.
Now assume there are 6,350 employees and probability of dying is still 1in 5,000. What is the value of 1 statistical life?
q.according to the agreement achieved by the administration and the congress were there a breach of the debt ceiling
Draw an arbitrary budget constraint for a person, assuming that he or she receives no government subsidies. Then draw in the budget constraint that arises from the above housing subsidy proposal.
Citizens can protect themselves in the case of robberies or harm by using these guns. Other states do not allow citizens to carry handguns
q.many developing countries in the global south turned to socialism in the past as a means to solve their economic
q.assume which the economy is in a long-run equilibrium.a- draw a diagram to illustrate the state of the economy .be
How does it affect level of investment and interest rates. How does it affect individual consumer. Give at least three examples in your response.
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