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1. Explain how governments can use fiscal policy to redistribute income.
2. With the help of diagrams distinguish between demand-pull and cost-push inflation. Explain which fiscal policies would be appropriate to deal with these two types of inflation.
3. Graphically show and explain the difference between progressive taxation and regressive taxation.
Assume the economy is slumping into recession and needs a fiscal policy boost.
1. what would happen to the amount of economic investment made today if firms expected the future returns to such
2. What will happen to equilibrium income in the following cases a. The mpe is 0.8, and autonomous consumption declines by $200. b. The mpe and mpc are both 0.5, and taxes rise by $400. How much of an increase in government spending would be required
A. The firm has an employee who threatens to tell all other firms in the industry about how to implement this new technique. Will it be possible to bribe the employee not to do this? Explain why or why not. B. Why should the employee probably choos..
The collection of usability data from consumers can come from a variety of format methods (i.e., a Website, text message, door-to-door, phone call, etc.). NVivo and Atlas are two (2) well-known data analysis tools described in the textbook. Determ..
Why might the existing firms in a cartelized industry prefer to be regulated by the government? What is the problem with common property resources?
Imagine a situation where a running competition is going so there is no error into it. You are invited to make a App to record the whole competition and keep this record to the App and provide ranking system.
Write down the equation of the budget line.
Assuming that Country A has a comparative advantage in wheat and Country B in wine, which of the following is true? a. The price of wheat in country B falls when trade opens between the two countries. b. The price of wine in country B falls when trad..
How would such a subsidy affect the market supply curve in the industry
Explain how are the slope of a production possibilities frontier and the opportunity cost of the goods related.
What are the practical uses of the language python in context to game creation?
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