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Using Simple Keynesian Model, discuss the effect of the following:
a) An increase in govt. expenditure.
b) A decrease in lump sum taxes.
In this context compare the govt. expenditure multiplier with tax multiplier
A group has chartered a bus to Atlanta. The driver costs $200, the bus costs $500, and parking in Atlanta will be $90. You have already paid $700 to reserve the bus and a driver. T
what is credit creation process
The rent control agency of New York City has found that market demand is QD=100-5P With quantity measured in tens of though sands of apartments and price, the monthly rental rate,
How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
Suppose that Mr. Chauncey Gardener consumes two goods, X 1 and X 2 .His preferences can be described by the following utility function: U = X 1 0.5 X 2 0.5 He
discuss the contention that the existance of a labour market in a perfect competion is a fallacy
How can consumers become better educated about the products they are considering for purchase? To what extent do you personally go to acquire the best information available?
Explain how changes in the quality of health care will influence the demand for care.
The LM curve The LM curve shows all combinations of R and Y, where the money market is in equilibrium. The LM-curve slopes upwards. Mone
Evaluate the Bergson social welfare functions
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