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The Laffer Curve, how does it effect how special interest groups have on tax policy?
Write a program that asks for the principal, the interest rate, and the number of times the interest is compounded.
a) What would be the efficient provision of the public good in this community? b) Find the market allocation guided by competitive equilibrium prices and identify the inefficiency of the "invisible hand."
a) What is a recession? b) Why does real GDP have limitations in determining economic welfare?
If the marginal propensity to consume is .8 and autonomous taxes are $50, then an increase in national income of $100 will result in:
You will submit a 2 page paper based on an article about an economic topic. The paper should be a summary of the article and then analysis of the economic principles discussed (Supply & Demand for a product, Elasticity of a certain product, or analys..
If many firms enter the computer software industry and bid up the price of programmers, then Select one: a. the long-run industry supply curve will slope down. b. the SRATC will shift down. c. the long-run industry supply curve will slope up. d. The ..
Explain the difference between a movement along a supply curve predicted by the Law of Supply and a shift of the whole supply curve or short termed as a shift or change of supply.
Sweden has a floating exchange rate . It is considered that the output is lower than the potential and there is disinflation which sometimes leads to deflation. Describe the situation using the IS-LM and AD -AS (SAS MAS) model. What can finance minis..
How are prices determined under perfect competition? Think about a firm that you have done business with recently. What industry does this firm belong to? Is it monopolistic competition, oligopoly, monopoly, or perfect competition? Justify your class..
“Attempts to stimulate an economy with expansionary monetary policy will lead only to a loss of some of the country’s international reserves and to no permanent change in income under a fixed-rate system.” Agree? Disagree? Explain.
Identify the three main types of regional trade agreements and give an example of each. Make sure you explain why each example fits the category.
An owner can lease her building for $120,000 per year for three years. The explicit cost of maintaining the building is $40,000, and the implicit cost is $55,000. All revenues are received, and costs borne, at the end of each year. If the interest ra..
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