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Question: Was there a production gap when Kennedy assumed the presidency in Jan 1961? How large was it? (Assume a GNP growth rate of 3.3% starting in 1955 and project forward) 2. What are the critical issues and assumptions of the tax cut debate? 3. Was this a supply or demand side tax cut? 4. How successful was the tax cut of 1964? What general lessons do your conclusions suggest with respect to the use of fiscal policy as an economic management tool?
What effect would each of the following have on aggregate demand or aggregate supply? Explain.
recent increases in rents have caused the citizens of elmville to vote for a rent ceiling of 1200. assuming all rental
From the Chasing the Scream, why is or is not addiction, or the war on drugs more broadly, an appropriate topic for health economists to study?
In the first part of your essay, labeled "A discussion of Property Rights", explain the concept of private property from the point of view of capitalism.
Describe the market equilibrating process and compare the demand for food with demand for Starbuck's coffee. Include academic research to support your ideas.
competitive advantage implies the creation of a system that has a unique advantage over competitors. with the advent of
Write down any five of the features that the developing countries tend to have in common, on average, in comparison with the developed world.
How would the world real interest rate, saving, and investment have been different from the 2018 outcome? Explain your answer.
Firm A is the sole supplier of a certain product. A's marginal cost equals average cost MC = AC = 30, and it faces market demand given by inverse demand function P = 120 0:5Q. Suppose at the moment A produces quantity q = 120 units at price p = ..
Identify the type of market you believe operates in perfect competitive, monopolistically competitive, oligopoly, or monopoly.
Draw the demand curve, marginal revenue, and marginal cost curves from Figure, and identify the quantity of output the monopoly wishes to supply and the price.
ConsiderTable 632 in the 2008 U.S. Statistical Abstract.
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