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Marginal propensity: 0.63 - 0.76
what is expenditure multiplier?
wil increase from __ to _____
and if multiplier increases, everything else equal. changein expend. will raise aggreg. ependiture to a [larger,smaller,same] amount
how can an economy that is below its potential output level attain equilibrium at potential output and shift the aggregate demand schedule to the left?
When a perfectly competitive firm finds that its market price is below its minimum average variable cost, it will sella. any positive output the entrepreneur decides upon because all of it can be sold. b. nothing at all; the firm shuts down c. the ou..
Given the asymmetric information situation a prospective employer faces in hiring from this labor pool, what is the average salary that they would pay without a signal?
what factors affected national income unemploymey rate and inflation rate what factors effect each of these economic
In the competitive market at a price of $50 and cost function of C=50+5Q2 find out the maximum profit? Show how the solution was reached.
Yesterday you were consuming 4 eggs and 2 strips of bacon. Today you are consuming 3 eggs and 3 strips of bacon. If you have the same taste what might have caused this change? Are you better or worse off?
Short and Long-term costs business comparisons. Select directly comparison business concepts and generally discuss the FC, VC, break-even quantities, economies of scale and diseconomies of scale for each.
in 2012 a baseball player signed a contract reported to be worth 89.8 million. the contract was to be paid as 13.2
medical schools and hospitals are heavily involved in the training of new physicians. after prospective new physicians
If leisure is a normal good, the Laffer Curve can have an inverted U-shape only if leisure and consumption are (at least at some point) sufficiently substitutable such that the substitution effect (on leisure) outweighs the wealth effect (on leisu..
What is the maximum amount of harvest that can be sustainably achieved in this system? What level of biomass generates this amount of harvest?
Does the fact that your bank keeps only a fraction of your account balance in reserve make you uncomfortable Why don't people rush to the bank and retrieve their money What would happen if they did
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