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The purpose was to boost GDP through consumer spending. Can you find any evidence of its effectiveness? What about the tax rebate for new home purchases? Cash for Clunkers? How can government spending influence the economy?
Explain. Problems and Applications a. Dutch pension funds holding U.S. government bonds b. U.S. manufacturing industries c. Australian tourists planning a trip to the United States d. an American firm trying to purchase property overseas
A software firm earned ten million this year. Suppose the growth rate of the software firm and the interest rate are both constant and the software company will be business for years to come.
Assume the graph below represents the market demand for a patented prescription drug together with the marginal cost and average cost functions for producing the drug. Draw the marginal revenue function for this firm.
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?
This does not required to be loaded with information just basic overview with some graphs, and some notes on the history of Japan's economy and their update.
A consumer plots an indifference map between two products A and B, and marks in points to show the combinations of A and B that the consumer would buy if the price of A changed but the price of B remained the same.
Market supply of labor The following table shows the hours per week supplied to a particular market by three individuals at various wage rates. Calculate the total hours per week (QT) supplied to the market.
Describe three ways we can use macroeconomic analysis, with one (1) original example for each way.
Bridget has a limited income and consumes only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese.
Explain the difference between accounting and economic profits.
The United State is currently running an $800 Billion trade deficit. Is this bad for the economy? Suggestion: use the GDP computation, GDP= C + G+ Ig + Xn.
a. What are the banking system excess reserves? b. By how much can bank increase its loans? c. What is the size of the simple money multiplier? What does it tell us?
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