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Why does the aggregate demand (AD) curve slope downward? What could cause the AD curve to shift to the right? What impact would a rightward shift of the AD curve have on the economy?
define scarcity and opportunity cost. what role these two concepts play in the making of business decisions?a what is
Explain in detail the problem the country is facing. Government could address the problem with either increasing government spending, cutting taxes, or both. If the government decided to increase spending to address the problem, by how much should sp..
Suppose you purchase a five-year asset that costs 12k in year zero and your tax rate is 50%. Assuming no other changes in revenue or costs, what is the year zero net cash flow?
When the Fed raises the target for the federal funds rate, it:
Suppose a firm has a fixed $100 to spend on K=10, W=5. What combinations of inputs can the firm buy? What is the equation for the line that represents all of these combinations?
Determine the steady state level of capital, income and consumption (all per unit of labor) as a function of the savings rate and the depreciation rate. Suppose that the depreciation rates is 10% per year. Compute consumption per unit of labor for a ..
Use University of Phoenix Material: Appendix A to create graphs illustrating the equilibrating process in price relation to the shift in supply and demand.
what is the short run equilibrium level of output in this economy.
Explain how many spots of each kind should it purchase to meet se three goals and do so at minimum cost.
Compare an owner's personal liability for debts of a business organized as a sole proprietorship, general partnership, limited partnership, LLP, LLC, and S corporation.
The elasticity of demand:
A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate whether more job training makes workers more productive. However, rather than having data on individual workers, you have acces..
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