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1. Let's get some practice plotting budget constraints. On the graph below, plot the budget constraints when:
a. (Use Black): Px = 57,Py = 18, and M = 342.
b. (Use Blue): Px/Py =4/5 and M/Py = 20.
c. (Use Red): M/Px = 14 and M/Py = 16.
d. (Use Pencil): Px/Py =4/5 and the bundle (19, 16) is on the boundary of the feasible set.
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The government notices that there is an output gap and decides to increase government spending with a stimulus package of $4 trillion in hopes that it will spur growth and stop une
what is the purest form of iron?
two or more variable inputs
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#question.what is the periodc clasification?.
how to find pareto efficient output using algebra
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