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Questions: By how much does Australian GDP change in each of the following scenarios? Con- sider the direct effect only, please. Provide a brief explanation
a) The ACT state government increases the subsidy to childcare centres by $1.3 million in total.
b) An Australian coffeeshop owner purchases a deluxe espresso machine from Italy worth $150,000.
c) A daytrader, who is an Australian citizen, sells his shares of Cochlear (an Aus- tralian company) for $100,000 on the New York stock exchange, which he pur- chased for $80,000 only two hours earlier. The broker on the stock exchange who intermediates the trade charges $700 (after conversion into Australian dollars) in commissions.
d) A family in country Victoria purchases the neighbouring farm for $600,000 and now directly consumes all the produce from the farm (worth $50,000) which it used to purchase from the neighbour (prior to the purchase of the farm).
The cost of a seasonal pass to six flags great adventure is not much more than a weekly pass.
What is the difference between pairwise majority and the plurality rule?
Discuss the impacts of multinational corporations on host regions in developing countries. Explain canada's changing patterns of a)economics structure or b)trade and the state.
Illustrate what is the tolal accounting cost. Illustrate what is the total economic cost. Elucidate why these are different in this way.
1. using the traditional keynesian model explain how contractionary monetary policy would affect equilibrium aggregate
Define the economic concepts of opportunity cost, supply and demand, and marginal analysis. Discuss how they could be applied to the decision making of individuals, health care providers, or the government.
A question facing many U.S. states is whether to allow casino gambling. States with casino gambling have seen a substantial increase in tax revenue flowing to state government. This revenue can be
Explain the context and significance of the following quotations form the writings of Marx. Man is far from being considered, in the rights of man, as a species-being";
Elucidate the policy which change, you would recommend also how this change would be financed.
What explains the poor state of agriculture in Zambia?
1. What are the three types of lags faced by the government when it comes to implementing a stabilization policy (fiscal and/or monetary)? List and explain.
A firm is considering building a two-way network that links 11 users. The cost of building the network is $8,000. a. How many potential connection services does this network provide?
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