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Q1. Write a 350- to 700-word memo addressing the subsequent:
a. Describe the utilize of Gross Domestic Product (GDP) to measure the business cycle.
b. Describe the roles of government bodies that conclude national fiscal policies.
c. Explain the effects of fiscal policies on the economy's production also employment. Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment?
Format your paper consistent with APA guidelines
Q2. Using income also substitution effect Elucidate how that all griffin goods are inferior but not all inferior goods are griffin.
A perfectly competitive external market for the intermediate product exists, and an imperfectly competitive external market for the intermediate product exists.
Calculate the equilibrium buyers' also sellers' price with no sales tax also then with the 20% tax Supposed above.
If Live Theaters charges one price to all patrons, what would it be. Illustrate how many customers would it serve.
Is there any range of production characterized by scale of economies. At Illustrate what production level are scale economies exhausted.
If Sammy refuses to contribute to the butterfly garden, he'll not be able to enjoy its benefits if it is built.
Why do proponents of active policy recommend government intervention to close an expansionary gap. Some economists argue that only unanticipated increases in the money.
Explain should decision management as well as decision control be separated.
If the government uses a tax to get producers to internalize their externality, what is the net price received by producers.
Calculate the total fixed costs, total variable costs, average fixed costs, average variable costs, average total costs, as well as marginal costs.
Illustrate what is an opportunity cost. Elucidate how does the idea relate to the definition of economics.
Write expressions for total revenue and marginal revenue as a function of the number of tickets sold and compute the profit-maximizing quantity of tickets.
Merit goods have received considerable attention. Can concerts and other publicly provided services be rationalized using these ideas.
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