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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.)
A monopolist sells in both Milwaukee also Cleveland and has identical marginal price of 8 in each market.
Nina is able to select her weekly work hours. When a new bridge opens up, it cuts one hour off Nina's total daily commute to work. If both leisure and income are normal goods, what is the effect of the shorter commute on Nina's work time
Which of the management challenges globalization; leading a diverse workforce; and ethic, character, and personal integrity-have had an important impact on the evolution of Zappos? Explain your answer.
You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1's elasticity of demand is -4 while group 2's is -6. Your marginal cost of producing the product is 50. A determine your op..
If the customer surplus is small, does it mean that the demand will be greater for regulation or the supply will be smaller for regulation.
Explain four problems with the argument that trade protection is needed to protect American jobs. b) Describe the economic reasons why businesses use offshoring.
From the household optimality conditions and the goods market equilibrium, find an aggregate money demand relationship of the form M'/P' = L(Y, R), recalling the relationship R = (1 + r)(1 + π) - 1
What was the relationship between cotton and the slave economy in the antebellum American South? was cotton expansion necessary for the continuation of slavery? Was slavery necessary for the growth of the cotton industry? Explain carefully.
You are a recent University graduate hired to make a Human Resource section and serve as the HR Director for the SMC Company, which manufactures ergonomic office equipment.
1. The equilibrium of a competitive labor market is associated with 2. Which of the following would result in a short-run increase in the wage rate in a competitive labor market?
What is the value of GDP? What is the value of net domestic product? What is the value of net investment? What is the value of net exports? Calculate the final market value of the flour.
Please use the Internet to find more information about the EAP weak protocols and discuss the main security vulnerabilities that make each protocol not appropriate for a wireless environment.
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