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Q1. If an increase in the budget deficit reduces national saving and investment, we have witnessed a demonstration of?
Q2. Wage Increases. Your boss offers you a wage increase of 10 percent. Is it possible which you are worse off with the wage increase than you were before? Explicate your answer using proper economic terms and analysis Q3. The cost of a plane ride rises by 10 percent. The price elasticity of demand for plane rides is 0.5 and the price elasticity of demand for riding the train is 0.2. The cross elasticity of demand for the train rides with respect to the cost of a plane ride is 0.4.
Compute the percentage that alter in quantity demanded of plane rides and train rides.
Illustrate the effect on the marketplace for a hr. of babysitting services 30 yrs into the future when children born today.
Compute most favorable output also profit for each firm and the market price. Also, compute the resulting profit of cartel.
Calculate whole expected convenience from each restaurant option and also compare?
Under what situation would Gore be better off giving Bush a head start on putting mutually his presidential ticket.
Suppose that the supply curve of healthcare services is perfectly inelastic. Analyze the impact of an increase in consumer.
Illustrate what will be the most likely new equilibrium price level and output.
If most businesses in an industry are earning a 13 percent rate of return on their assets, but your firm is earning 23 percent what is your rate of economic profit
Under what circumstances would Gore be better off giving Bush a head start on putting together his presidential ticket.
For the industry you have chosen, discuss how price moves from today to the future.
Which resource of production is the only one which nations can significantly increase in the short term.
Calculate Max's marginal utility from snorkeling at each number of hours per day. Does Max's marginal utility from snorkeling obey the principle of diminishing marginal utility.
The short-run and long-run effects of this change for the levels of per-capita output, and the growth rates of (total) output and per-capita output.
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