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Suppose investment becomes less responsive, i.e. sensitive, to changes in the interest rate. What effect will this have on the effectiveness of the fiscal policy? Specifically, what will happen to the output effects of a given change in government spending?
Illustrate and explain the changing demand for Big Mac using indifference curve and budget line.
Suppose a business experiences a sudden increase in its fixed costs. For example, suppose property taxes increase dramatically. What impact, if any, What changes, if any, is there likely to be in these same cost CURVES?
q1. assume you are part of a research team evaluating a proposal to clean up a dangerous squander site. you are in
Explain how resource scarcity influence hospice/palliative care for children and describe choices stakeholders are forced to make.
The Equation of Exchange is given as MV = PY , where M= the nominal money supply, V= the velocity of money, P= the price level and Y=real GDP. What is the Monetarists’ argument (based on the quantity theory of money) about an increase in M? Explain a..
Which of the following is/are characteristics a monopolistic competitive market? Which of the following is/are not characteristics of oligopoly market? Which of the following is/are possible outcome(s) of Cartels?
A firm has the production function f(x, y) = x^0.90y^0.80. This firm has
Bill Simmons is the manager of a small restaurant and must decide how much money he owes his suppliers. The best way for Bill to approach this as a critical thinker is to
Suppose a tax cut affected aggregate demand and aggregate supply. The shift in aggregate supply would make the
To prevent financial crisis, the central bank lowers the _______, which should _______. During the financial crisis, many borrowers defaulted on their loans and put many institutions at risk of failure. Policymakers could prevent failure by: To restr..
determine the probability that buying the equipment will produce a return less than that of the bank and the probability that buying the equipment will produce a return more than that of the bank.
Your cat just won the local feline lottery to the tune of 3000 cans of "9 Lives" cat food (assorted flavors). A local grocer offers to take the 3000 cans and in return, supply 30 cans a month for the next 10 years. What rate of return, in terms of no..
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