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Will it be easier for tax payers to pay off public debt if the money borrowed by the government is spent on education and public infrastructure, or if it is spent on unemployment insurance?
Can the government cause a recession and then limit the strength and speed of the economic recovery by trying to redistribute income on the basis of fairness?
Carefully explain how these two deficits are related economically so that changes in one are reflected in changes in the other.
What could the Fed do in 2002-2003 in order to bring the economy back to full-unemployment ? What did the Fed actually do? Explain in detail
Why does America have a two-party system?
In the labor market, what causes a movement along the demand curve? What causes a shift in the demand curve? In 1980, Denmark had a GDP of $70 billion (measured in U.S. dollars) and a population of 5.1 million. In 2000, Denmark had a GDP of $160 bill..
An economy produces 2 goods soda a beer. Fully explain why the marginal cost function in the beer industry derives from the marginal benefits of the soda that is given up when beer is produced.
Consider a market demand curve that can be expressed as P = 300 - 3 Q. Each of the firms currently serving the market has a total cost function of the form C = 40 q so MC = ATC = 40. There are no fixed costs. If the market is served by a (short-run) ..
q1. as this is a issues of involving selling prices of hamburgers also the quantity of hamburgers consumers which would
A company buys a machine for $30,000. The yearly benefits are$1,500 for 20 years. Interest rates are 6%. Find the total present worth of the machine
Consumers buy from the lowest price firm, and the highest price firm sells nothing. If the firms pick the same price, they split the market demand equally.
Jim accidentally runs over Mary in the parking lot. Mary was walking to her car (maybe she wasn’t paying really close attention to traffic), Jim didn’t look both ways, so he ran her right over.
Given the demand curve P= 2,000 – 2Q and marginal costs of MC = 1,100 + 2Q, the firm’s profit will maximize at equilibrium price and output of: Based on the demand and cost function in previous question, in a two-part tariff pricing strategy, what is..
Elucidate how can you derive an equation describing labor demand in this economy as a function of the real wage also capital stock.
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