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Assume an economy with no foreign sector, a marginal propensity to save of MPS = 0.1 and a marginal income tax rate of t = 1/3. If autonomous saving decreases by 300, which of the following is true?
Complete a SWOT (Strengths, Weaknesses, Opportunities & Threats) Analysis of a private, government funded or non-profit hospital within your state (Northwestern Memorial Hospital,IL).
A bond is bought at par and market yields rise after purchase. If the bond is held to maturity, the rate of return at maturity will be _____ the yield at purchase.
If a political candidate said that if she were elected to Congress, she would work toward cutting federal government spending by one-third over the next four years; would she stand much chance of fulfilling her promise? Why or why not? Discuss the pr..
Graph these functions and find the non-zero equilibrium. Prove that the equilibrium at (0,0) is not stable. Suppose that school inputs improve by one unit, from 10 to 11. What is the immediate impact on education (before health can adjust)? What is t..
Which of the following statements about indifference curves is true.. The higher an indifference curve is for a? consumer, the greater that? consumer's marginal level of satisfaction. The higher an indifference curve is for a? consumer, the greater t..
In the 1980s, a shortage of registered nurses in the United States led to an increase of almost 21 percent in the real average hourly earnings of RNs from 1981 to 1989 (Pope and Menke, 1990). This increase was the highest of any occupational group. U..
Suppose a taxi company wishes to start a new business that requires a license from NY City for $30,000. The taxi license is transferable, but only 15,000 is refundable within 15 days of the date of purchase. What ate the taxi’s fixed costs? Suppose t..
Why do people accept money that does not have intrinsic value?
If a 10 percent increase in both capital and labor causes output to increase by less than 10 percent, the production function is said to exhibit decreasing returns to scale. If it causes output to increase by more than 10 percent, the production func..
It is unclear to a economic novice like me why OPEC is not cutting down production and raising oil prices. I have read several journalists commenting upon this on the internet but perhaps an economist can explain this current fact better.
q.the world is composed of two economies the european union and the united states. one of the european firms has a
Consider Solow's model when the production function is Y = 1000K0.3 L0.7 . The population growth rate is 2%, ? = 0.1 is the depreciation rate and s = 0.25 is the savings rate. Suppose this economy was in its steady state when unexpectedly Total Facto..
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