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Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change? Does your answer depend on the marginal propensity to consume?
Illustrate what price should the theater charge for a ticket if it wants to maximize profit. how big will its profit be. What price would you like to charge.
Suppose voter A perfers candidate 1 to 2 to 3 to 4 (where there are 4 candidates). Show that all actions that consist of voting for up to three candidates and not skipping a lower numbered candidate are not weakly dominated (voting for 1 only, vo..
Write a short explanation of the article using one of the following economic models: GDP, AD & AS or circular flow of income and describe the economic situation in the UAE based on the article.
Explain how is the current account related to a country's business cycle. What is the relationship between a country's net financial inflow and its current account.
Determine the top 5-exports and imports from Japan and what is the computation of last month's United States trade surplus, deficit, or balance with Japan?
How did the 1971 law that banned cigarette advertising on television solve the prisoners' dilemma for cigarett producera (a)What is the meaing of tit-for-tat in game theory (b) What conditions are usually required for tit-for-tate strategy to be the ..
What is the opportunity cost of going to a doctor to be examined for skin cancer? Would eliminating research reduce or increase the cost of U.S. health care?
Will sales of whiskey increase or decrease also by what percentage amount.
Describe the relationship of the demand curve and total revenue curve, indicating which of the four types of market structures market power like this would occur (i.e., perfect competition, monopolistic competition, oligopoly, monopoly).
Briefly describe and critically possible short-run and long-run macroeconomic effects of this continuous increase of the federal fund rate
Someone advocates using fiscal policy to stimulate the economy and reduce unemployment.might this person advocate to implement the fiscal policy. increase federal spending, reduce tax rates or else.
Elucidate why not the change in the price of military goods will be reflected in how the United States measures inflation.
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