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Assuming the Congress has $4.1 trillion budget now proposes spending of $200 billion in infrastructure over the next 10 years.
Suppose OPEC breaks apart and oil prices fall substantially. Initially, which curve shifts in the aggregate supply/aggregate demand model? In what direction does it shift? What happens to the price level and real ouput (GDP).
What is the comparison and contrast of the "life cycle" hypothesis and "permanent income" hypothesis and their respective implications for inequality in the income distribution?
As a manager of a financial planning company you have two financial planners, Phil and Francis. In an hour, Phil can produce either one financial statement
Why might the benefits of monopolistic competition outweigh the inefficiencies? Monopolistic competition has higher deadweight loss than monopoly?
1. Define fiscal policy. Determine whether each of the following, other factors held constant, would lead to an increase, a decrease, or no change in the level of real GDP demanded:
explain how the law of diminishing marginal utility applies to your personal consumption patterns and how the utility-maximization rule and the income and substitution effects play a role in your shopping at the mall and grocery stores.
Analyze how a flat-rate tax would affect political contributions. Compare and contrast a flat-rate tax with the current system used in the U.S.
Joining marketsplace or developing countries across the world has presented attractive opportunities to global companies and thus, boosted FDI.
Important information about Regression anaylsis. Compute the equilibrium price and quantity.
Nimbus, Inc., makes brooms and then sells them door-to-door. Here is the relationship between the number of workers and Nimbus's output in a given day:
What is the price elasticity of Zenvox's demand function at the price and quantity derived in part (a)? Explain what this value means in words
Assume the Fed's Beige Book reported that in South Florida, bookings for the summer tourist season were off to a slower start than last year
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