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Suppose we have an economy in which G = 100, t = 0.26, Y = 3800, and YN = 4000. Then t rises to 0.28 as the same time as G rises to 150. The overall impact of this resettling of the fiscal variables is ________ because ________.
What is the gross demand for consumption by a ICIW tribe member for pineapples in period 1? In period 2? For a GHN tribe member in period 1? In period 2?
When the economy is at full employment, should the federal government run a budget deficit, budget surplus, or neither? Justify your answer. What are the pros and cons of each budget position?
Cars are lasting longer. The expected number of miles travelled over a vehicle's life has risen to 180,000 miles in 2001 from 128,000 in 1977. But, new car buyers tend to keep their cars about the same length of time before trading them in. Using dem..
Why might banning advertising drive up prices? Why have economic analyses of clinical and administrative innovations become more important? What does it mean to have market power? Are firms with market power extremely profitable?
Discuss how the development of the Internet has changed the market structure in which companies operate. Remember that, for purposes of this class, we are assuming most firms can be categorized as being in perfect competition, monopolistic competitio..
if current output is such that marginal cost exceeds marginal benefit should more or less resources be allocated to
1 a significant difference between monopoly and perfect competition is thata. free entry and exit is possible in a
Plot the marginal revenue and marginal cost curves and is the industry the firm operates in competitive? Is the industry in long-run equilibrium?
A Firm has total cost function given by following: What is the Total fixed cost when Q = 100? And Average fixed Cost when Q=100?
which of the following have traditionally been considered natural monopolies?a. public universitiesb. public golf
the demand curve for asparagus is given byqd 200 -5pd 0.5pzwhereqd quantity demanded of asparagus per weekpd
Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she has just 15 hours per week that she can spend working at either the bookstore or at other potential jobs
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