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Suppose the government increases expenditures by $70 billion and the marginal propensity to consume is 0.660. By how will equilibrium GDP change?The change in equilibrium GDPis: $__billion.(Round your solution to one decimal place.)
Summarize the process of addressing prohibited content/activity, and explain privacy, licensing, and policy concepts. Describe proper communication techniques and professionalism when working with users.
Discuss the case in the context of both a flexible exchange rate and a fixed exchange rate - impact on a country's total spending
A sudden and sharp increase in gas prices will have what impact on the market for the following (be sure to discuss both supply and demand):
Solve the following system of equations by graphing. If the system is inconsistent or the equations aredependent, say so. 9x-4y=5 27x-12y=15 (coordinates to graph)
(a) Calculate the firm's inverse demand function. (b) Calculate the firm's marginal and average cost functions.
Assume a company expects that a $20 million expenditure on R&D will result in a new product that will rise its revenue by a total of $30 million 1 year from now.
consider the equation y cy-t i ga. calculate the total differential for this equation.b. holding i and g constant
Compute the intercept of the budget line on the "movie ticket" axis. c. Compute the intercept of the budget line on the "DVD rental" axis. d. Find the slope of the budget line when movie tickets are on the vertical axis and DVD rentals are on the hor..
As discussed in the chapter, one push by computer manufacturers is making computers run as efficiently as possible to save battery power and electricity.
Ellucidate how does technology affect the dissemination of information throughout the market.
Describe three macroeconomic variables in the United States that impact the supply and demand of your chosen product or service. Using graphs in Excel, interpret the trends of the three selected macroeconomic variables for the past three years.
a. Assuming that this firm has positive fixed costs, did the firm earn economic profits, economic losses, or zero economic profits yesterday? b. To maximize economic profits today, how many bricks should this firm produce today?
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