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Once the crowding-out effect is accounted for, how will the following events affect the aggregate demand curve, as well as real interest rates? Use a Keynesian perspective. Use graphs for your answer.
a. The open market desk in the New York Fed conducts open market purchase.b. Federal government increases income tax.
questionyou have exams in economics and chemistry coming up and five hours available for studying. the following table
dimex fabrications co. a small manufacturer of sheet-metal body parts for a major u.s. automaker estimates its
Suppose that in response to a foreign crisis, the government increases defense spending by $50 billion. How would the increase in defense affect the economy How would the effects differ depending on the size and sign of the output gap when the cri..
Industry studies often suggest that firms may have long - run average cost curves that show some output range over which there are economics of scale and wide range of output over which long- run average cost is constant; finally, at very high out..
car breaks down and you are deciding to have it repaired. The most relevant issue in this economic decision is:A. How much you spent on past repairs on the car B. How much you paid for the car when you bought it
Describe the difference between movement along the demand curve and a shift in demand. Provide an example to help the class understand the difference between the two.
Suppose a bar's constant marginal cost per beer is $3.60 and it was making 40 cents per beer in variable profit without the tax. What is the profit per beer with the tax? Intuitively, why has the bar's profit fallen by more - in percentage term..
you are a senior production manager for a company that has traditionally pursued a corporate strategy of unrelated
The Wall Street Journal article reported that large hotel chains, such as Marriott, are tending to decrease the number of hotels that they franchise to outside owners and raise number the chain owns and manages itself.
Why might some people claim that the breakfast cereal industry is monopolistically competitive but that the automobile industry is an oligopoly? In both cases, about eight to ten firms dominate the industry.
Some "instances" of Corporate Social Responsibility (CSR) are in the eye of the beholder. It is interesting that the early literature (say 10-15 years ago) argued that corporations could have virtues and vices; interesting idea given the rece..
i. the quantity demanded of lobsters is 012345 and 6. the derived total utility is respectively 0 15 23 25 25 22 and
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