Public debt is included as a part of government purchases

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Q1. The Mesa Red Bird football team plays in a stadium with a seating capacity of 80,000.?
Elucidate however, during the past season, attendance average only 50,000. The average ticket price was $30.00. If price elasticity is -4, Illustrate what price would the team have to charge To facilitate fill the stadium? If price were to be decrease to $27 also the average attendance increase to 60,000, Illustrate what would the price elasticity be?

Q2. Interest on the public debt is included as a part of government purchases in the determining GDP may arise since?

Reference no: EM1320631

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