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A- Fiscal policies can work only if private enterprises respond to them in certain way; if they respond in other ways, the policies fail. Explain and give examples.
B- Can the government make things worse by intervening in markets? Are there other options outside the markets and government that will fix macroeconomic failure?
C- "Big government is always harmful to owners of private enterprises, while small government is always good for them." Explain, using examples, why you either agree or disagree with this quotation.
Illustrate what is the price elasticity of supply for your chosen industry.
Decline in the marginal propensity to consume by -.3 (i.e. MPC = 0.5: people consume half of their income). What is the new value of aggregate income?
Describe implications for pricing of batteries, brakes and oil changes on the sale of tires.
Create three Microsoft PowerPoint slides in which you summarize the following data, Include an evaluation of impact of past and current fiscal policies, monetary policies, budget deficits or surpluses on economy and on the airline industry industry.
If the government of Amityville used a subsidy of $S per unit to encourage the optimal amount of chocolate production, illustrate what level should that subsidy be.
Consider the following two good pure exchange economy: Alfred's utility function is U A (x, y) = min{x, y} and Bob's utility function is U B (x, y) = max{x, y}.
The mine operates on a three shift depends per day , 6 days a week. Allows for availability the mining system operates 5,000 hours per year.
Explain how the economy affects the success of the auto industry. Economic influences that can affect the industry in a negative way.
Sunrise Surf Corporation is considering to create 35 surfboards in a month if it can sell each board for $400. If it can receive $700 for each board, the company is willing to create 75 surfboards.
Elucidate how would the different forces come together to create a convergence between the interests of stockholders and managers.
What accounts for whether case a or case b occurs? d. Suppose that a scalper had secretly learned before the announcement that Aaron Han would not play in the next game. What actions do you think he would take?
When the demand line is perfectly elastic, there is no deadweight loss after taxation and firms must not operate if the market price is less than ‘break-even' price.
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