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Suppose foreigners spend $7 billion on American exports in a given year and Americans spend $5 billion on imports from abroad in the same year.
What is the amount of America's net exports?
How do Pigovian taxes internalize externalities? Suppose that we are able to identify that the external cost of driving cars is $5,000.
Explain how does a rise in the unemployment rate affect your chances of finding a job which would match your qualifications as a college graduate.
Expansionary Fiscal Policy relies on changes in tax collections and government spending to achieve a non inflationary level of employment. Given this definition what actions and projected consequences did President Obama enact to realize this goal. B..
Suppose a new tax is placed on the firms selling sugary drinks. What is the likely impact on prices of sugary drin
Two engineering graduates who recently got married are planning for their early retirement 20 years from now. They believe that they will need $20,100,000 in year 20. Their plan is to live on one of their salaries and invest the other. they already h..
Following Keynes' work in explaining the Great Depression, economists started to make a distinction between.
If you are willing to pay $1400 for a used stereo that is a “cherry” and $280 for a used stereo that is a “lemon,” how much will you be willing to offer to purchase a stereo if there is a 50 percent chance that the stereo is a lemon? If owners of che..
Suppose the owner of the trawler can sell al the fish caught for $75 every 100 pounds also can hire a man crew members as desired by paying them $150 every week.
According to the rule of most favorable input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the corporation.
If a political candidate said that if she were elected to Congress, she would work toward cutting federal government spending by one-third over the next four years, would she stand much chance of fulfilling her promise? Why or why not? Discuss the pr..
show the effects of an increase in the Chinese purchases of U.S. Treasury bonds. How do these purchases affect the value of the dollar and of the yuan?
Suppose you only consume X(axis) and lemons (Y axis) If coconuts are normal good.Graphically illustrate how to derive an Engel curve utilizing consumer choice theory.
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