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Using the aggregate expenditures model or the Aggregate Demand/Aggregate Supply model, what is the effect of Pres. Bush s tax proposals for corporations on the recessionary gap? What is the effect on investment? What is the multiplier effect? What is effect on consumers/ workers (either directly or indirectly? (In your analysis, please verbally analyze and use a graph(s).)
What can you say about the relationship between marginal revenue and marginal cost for output rates below the profit-maximizing (or loss-minimizing) rate? For output rates above the profit- maximizing (or loss-minimizing) rate?
Dr Leona Williams a well know Plastic Surgeon, has reputation for being one of best surgeons for reconstructive nose surgery. Dr Williams enjoys a rather substantial degree of market power in this market. She has estimated demand for her work to b..
What are some of the positive externalities of education? Why may higher education offer fewer positive externalities than primary or secondary education?
Pawel spends half of the year working in Britain where he consumes British food q and half of the year in Poland where he consumes Polish food Q.
Illustrate each of the following events using a demand and supply diagram for bananas.
As a manager of chain of movie theatres which are monopolies in their respective markets-Devise a pricing strategy to maximize your firm's profits.
Exchange and markets, Demand supply and market equilibrium
Discuss briefly what you think the way in which the HDI is constructed. (Briefly means no more than five lines of text. Excesses are severely penalised.)
What is Nash Equilibrium output for his supposing that the two firms choose their production quantities simultaneously?
Write a brief explanation of each of the following terms. import tariff, effective rate of protection
Draw a diagram showing the current situation of the firm. In addition to the above information, suppose the price of the output is $13/unit, if the firm wants to maximize its profit, what should it do? Explain in detail with the aid of a diagram.
Estimate the linear trend in the data, and use it to forecast gasoline sales in the United States in each quarter of 1990.
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