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You are running for president. You promise to cut tax rates, increase transfers and government purchases, reduce the governments budget deficit and reduce the governments debt as a fraction of the gdp. If elected, is it possible for you to keep all of your campaign promises? Explain
Explain how low must a quota be in effect to have an impact. Using a demand-and-supply diagram, illustrate and explain the net welfare loss from imposing such a quota.
analyze the following production data and prepare a proposal suggesting how to maximize profits.
Assume that the newspaper can't differentiate students from teachers and can only charge a fixed price per article.
For out Back Steakhouse, seating capacity is limited in the short run.
Compare the effects of an aggregate-demand-induced recession with an aggregate-supply-induced recession.
Illustrate wwhat is the effect on the market for one hour of babysitting services in Middling today.
Why would elasticity of demand be important to you in determining the products on which the taxes should be levied".
The university is seeking a grant to cover capital costs. How big of a grant would make this project worthwhile (to the university).
Elucidate what will be the price of your jersey in Los Angeles and what will be the price in Brooklyn. What will be your total profits.
A tropical country can produce winter coats, but there is no domestic demand for these coats. Explain how this country can gain from free trade in winter coats.
The accompanying table also graph elucidate how Samantha's preferences for consumption bundles composed of chocolate kisses also licorice drops.
Calculate the amount of former foreign monopoly profit that is transferred as tariff revenue to the home country when the home country imposes the tariff.
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