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Suppose that national income is initially at its equilibrium level when desired investment falls.we would except
(A):a fall in national income,but not by as much as the fall in desired investment
(B):a fall in national income by some multiple of the fall in desired investment spending
Question:
Suppose Mr.Robinson desposits pounds 600 in currency at a bank.Later that day Ms.Volker borrows pounds 1200 from the same bank.The money supply will have(A):increase by pounds 600(B):decreased by pounds 600
Find out the firm's optimal quantity, price, and profit (1) by using the profit and the marginal profit equations and (2) by setting MR equal to MC. Also provide a graph of MR and MC.
Give real world examples of each of them. How would you construct an argument around the comment "more money you have the more problems you have".
An economy begins in long-run equilibrium, and then a change in government regulations allows banks to start paying interest on checking accounts.
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According to the statistics the distribution of money income:
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Calculate the change in deadweight loss if the U.S. replaces a prohibitive tariff per unit on imported wine by an equal production subsidy per unit of wine sold by U.S. producers.
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U(X,Y) = X2Y. The consumer has $24 to spend and the prices of the goods are PX = $2 and PY = $4. Note that the MUX = 2XY and the MUY = X2.
What is a discouraged worker? Are they included in the basic unemployment rate? Are they included in any measure of unemployment? How has the number of discouraged workers changed since 2008? How does the exclusion of the discouraged worker affect..
Suppose your product is Wendy's hamburgers. First "draw" the demand and suppy curve and see how the equilibrium price and quantity is determeined.
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