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1. Why do so many economists project increasing budget deficits and government debt over the next several decades?
2. According to the Ricardian view of government debt, how does a debt-financed tax cut affect public saving, private saving, and national saving?
A number of companies exist that specialize in "payday loans." Payday loans are small loans often for a few hundred dollars or less that are made to low-income borrowers. Often these borrowers have poor credit histories and few assets and would ha..
How much have prices risen between 2000 and 2010? Compare the answers given by the Laspeyres and Passche price indexes.
If the MPC = 0.94, C 0 = 45, I = 150, G = 125, T = 75, X = 50 & IM = 60: Write out the consumption function. Compute the simple multiplier.
Sketch Sally's indifference curves and explain her consumption choices in term of marginal utility.
Is the market demand curve in this graph elastic or inelastic Can you calculate the elasticity value in the $3 to $5 price range using the midpoints formula for elasticity El = (Q1-Q2)/(Q1+Q2) divided by (P1-P2)/(P1+P2) For the purpose of this cal..
what criteria did you use to determine your strategy What risks does your strategy entail, and are the potential rewards worth those risks 3) What adjustments might you have to make to your business to be successful with your new venture
Suppose there are 7 firms in the candy industry with the market shares shown below. What is the HHI for the industry? When a monopolistically competitive firm's demand curve shifts leftward, what happens to its marginal revenue curve?
Suppose an economy characterized by the following equations; Assume W=10,000. Draw the aggerate expenditure function on a scale diagram along the 45 degree line.
A news magazine offers students a discount on the regular subscription rate. The total number of subscriptions is optimal, and, at the current prices, the marginal revenue from the last subscription sold to a student is $6, while the marginal reve..
In the class, we discussed the Paradox of Thrift argued by John Maynard Keynes. According to the argument, even if many household decide at the same time to increase their saving, the total saving will not increase in the long run, while it leads ..
A corporation among $7 million in yearly taxable income is considering two alternatives
Describe free trade harm the environment. Environmentalists argue that trade liberalization harms the environment.
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