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How much does GDP rise in each of the following scenarios:
1. During a recession, the government raises unemploymemnt benefits by $100 million.
2. A new US airline purchases and imports $50 million worth of airplanes from the European company airbus.
3. A new European airline purchases $50 millin worth of airplanes from the American company Boeing.
4. A store buys $100,000 of chocolate from Belgium and sells it to it's consumers in the United States for $125,00.
what is microeconomics
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Determine the exchange rate When a currency is freely floating, the central bank doesn't have to set monetary policy to alter the external value of the currency unless instruct
constructing a opportunity set and budget line for $15 lottery ticket and intending on buying a candy bar for $0.75 and peanut bag for $1.50
1. What is law of diminishing marginal utility? 2. Find out the marginal utility for the following schedule of consuming pizza Pizza consumed 0
what is automatic stabilizer, example with diagram or graph please
factors affecting national income
A public good: A) Generally results in substantial negative externalities. B) Can never be provided by a nongovernmental organization. C) Costs essentially nothing to prod
5. In this question you should assume that the Marginal Propensity to Consume out of permanent income is one [i.e., no bequest motive + perfect consumption smoothing: c1, = c2 = c
neoclassical
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