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The American Recovery and Reinvestment Act was criticized by economists from all theoretical persuasions. The "Stimulus Package" was arguably a Keynesian measure so why would a Keynesian economist be critical of it? Why would neoclassical economists be critical?
the formula for AFC, AVC, ATC, MC, TR, MR The market price faced by this firm is $6.00 per widget. a. Fill in the formula for AFC, AVC, ATC, MC, TR, MR, and Total Profit b. Fill in the missing values for TFC, TVC, AFC, AVC, ATC, MC, TR, MR,
tom can produce 40 balls per hour or 4 bats per hour. tessa can produce 80 balls per hour or 4 bats per hour.a.
If one country has a corporate income tax of 20% and a second country has a corporate income tax rate of 15%, what can you expect to occur a. Now suppose the country with a corporate income tax rate of 20% lowers its rate to 9.5% five years later.
Why should an auditor corroborate evidence for inquiry?
Suppose you are hired as a traffic consultant to improve traffic patterns among commuters. How should these 5000 cars be allocated over the two routes in order to minimize the total amount of time cars are commuting
Firm ‘A' can make either 500 flashlights or 2000 batteries. Firm ‘B' can make either 650 flashlights or 1500 batteries. a) Who has comparative advantage in each good b) How would they both make themselves better off
consider an economy that produces only two goods fresh apricots and dried apricots. in this economy the technology of
Calculate the industry price necessary to induce short-run firm supply of 5,000, 10,000, and 15,000 tons of sweet corn. Assume that MC > AVC at every point along the firm's marginal cost curve and that total costs include a normal profit.
ADVANCED ANALYSIS Let MUA = z = 10 - x and MUB = z = 21 - 2y, where z is marginal utility per dollar measured in utils, x is the amount spent on product A, and y is the amount spent on product B. Assume that the consumer has $10 to spend on A and ..
In U.S. data, how sensitive isthe demand for money to changes in nominal interest rates? Whatare the consequences of an increase in the money supply on output and the pricelevel? Does your answer depend on where the economy starts (whether it is inl..
At a product price of $ 40, how many units will this firm produce in the short-run b)At a product price of $ 50, how many units will this firm produce in the short-run c) At a product price of $ 60, how many units will this firm produce in the short..
a) Using the 2 step growth model, calculate the price of the 3 stocks. b) Are any of the stocks an obvious buy compared to the current market price c) If you had a stock selected for part b, explain where the analysis may have gone astray.
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