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Question 1: Imagine that you just paid $50 for a new pair of jeans. According to the circular flow diagram, what decisions were made concerning the jeans you purchased, and who made decisions about the jeans you bought?
If the AD shortfall is $500 billion and the MPC is 0.9 a) How large is the desired fiscal stimulus? b) How large an income tax cut is needed?
The mass of Mars is 656-01-03-00-00-v2_files/i0050000.jpg kg, and the mass of a single proton is 656-01-03-00-00-v2_files/i0050001.jpg kg. Assuming Mars is made entirely of protons, how many protons would make up Mars?
Determining Cause and Effect Explain why e-commerce reduces fixed costs.
What are the advantages and disadvantages of using an expansionary monetary policy in a recession compared to using fiscal policy? (Please note: I am not asking you how monetary policy works. You have already answered it in part c above. The quest..
Given that monetary policy has only a long term effect on an economy, central bankers should follow monetary rules rather than operate a more proactive policy approach as inflation targeting central banks currently do. Discuss.
A concept that implies that the firm should consider issues such as protecting the consumer, paying fair wages, maintaining fair hiring practices, supporting education, and considering environmental issues.
You are the manager of a popular shoe company. You know that the advertising elasticity of demand for your product is 0.15. How much will you have to increase advertising in order to increase demand by 10 percent?
Imagine two naton , Glacierland, and Swampland. Glacierland is producing everything at a lower absolute cost than Swampland. If the two countries trade what is the reason.
Michelle has just offered a job at Mullaney/Hunter Enterprises in the production line. Michelle expects to stay at this firm for at least 40 years, during this time her productivity, V, is given by the first column in the attached table.
what are the highest and lowest payments from the writer that the beekeeper- farmer team will accept for the sixth day Assuming that the farmer can dispose of $7 from the writer as she wishes, what range of payments will the beekeeper accept
What is the equation that describes the IS curve? What are the equilibrium levels of output and interest rates in this economy?
What causes inflation to rise when aggregate demand increases and what causes unemployment to fall?
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