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What is the multiplier effect? What relationship does the MPC bear to the size of the multiplier? The MPS? What will the multiplier be when the MPS is 0, .4, .6, and 1? What will it be when the MPC is 1, .90, .67, .50, and 0? How much of a change in GDP will result if firms increase their level of investment by $8 billion and the MPC is .80? If the MPC is .67?
What would happen to each of the following economic varibles if the government increased the money supply by 20% per year: M1, interest rates, inflation and wages What impact does increasing or decreasing the printing of money have on the economy ..
What ideas and plans do you have about approaching each of the 3 main phases and related tasks? What are the pros and cons of PBL?
How are each of the following events likely to affect the value of the dollar relative to the euro? a. interest rates in the European Union increase relative to the United States b. the European Union price level rises relative to the U.S. price leve..
If you are the chief economist of a country experiencing high unemployment and flat GDP, what macroeconomic policies might you enact in response to these economic conditions? How would you expect these policy changes to impact the economy?
You are asked to propose a strategy tobring the economy out of recession. Your goal is to avoid inflationand yet bring the economy to full employment as rapidly aspossible. What will be your main strategy
where L1 is the number of workers employed in Sector 1 and L2 is the number of workers employed in Sector 2. The total number of workers in the economy is 1,000. The only difference between the sectors is that in Sector 1 workers are paid their ma..
1. in 2003 a was 1507 billion dollars b was 7.274 billion dollars c was 2.054 billion dollars d was 1.624 billion
The current movie database design lacks functionality to support theaters and show times. It is not possible to see what theaters a movie is currently playing in or what movies are being shown at a particular theater. Therefore, we would like to..
Explain the trade-offs between system scalability and system transparency you may encounter when designing a large-scale system.
Illustrate what is the internal rate of return for the college investment that this person faces. Write out the equation used to evaluate the net benefit.
Economics and finance have two different meanings when it comes to total cost. To an economist it means?
Discuss the upshot of this policy in terms of a new equilibrium. Is this policy likely to have a negative repercussion on the crime rate? Can you come up with an idea concerning a major drawback of this policy?
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