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"Public Goods and Bureaucracy"
Derive the IS-LM model by considering the expectation into the model. You need to explain which factors affect each of the curve, and how the changes of these factors will shift the corresponding curve of the model.
Second Problem The price elasticity of demand for oatmeal is constant and equal to -1. When the price of oatmeal is $10 per unit, the total amount demanded is 6,000 units. 1. Write an equation for the demand function. Graph this demand function with ..
Mona loves the crisp, refreshing, lemon-lime flavor of Sprite. She can buy as many cans of Sprite as she wishes at a price of $0.75. On a given day, her willingness to pay is $1.50 for the first can, $1.00 for the second can, $0.85 for the third can,..
Peter Evans emphasizes that states have to play specific roles in order to promote economic development. According to him what are the roles of the states in economic development? Explain and discuss. Compare Evans’s arguments with the neoliberal the..
Sam is interested in buying two types of goods, x and y. He can either use all his income to buy 3 units of x and 9 units of y, or 9 units of x and 3 units of y. If he spends all his income on x, how many units can he buy?
a. How many copies of the software should I attempt to sell? At what price should I sell it? How much profit would I make?
Using the mechanics of supply and demand, what does a tax do? How does it affect supply and demand and quantity in markets? one hundred words
Illustrate what mistakes did policymakers make that have kept developing nations from growing more quickly.
identify if the demand or the supply curve is misplaced and whether it is too far to the left or too far to the right.
The current market rate for rental housing in your town is $600 per month. Suppose that college students persuaded the town council to enact a law setting the maximum price for rentals at $400 per month. How would this affect the rental market in you..
Suppose that Bill, a resident of the U.S., buys software from a company in Japan. Explain why and in what direction this changes U.S. net exports and U.S. net capital outflow.
Why is it difficult to analyze the welfare implications of growth in the neoclassical model? What proxy is often used to reach a conclusion about the effects of growth? What leads to the conclusion that, if welfare is to improve with growth in the la..
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