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Keynessian theory of income determination, to explain in detail keynes view on income determination. that is to account for income determination using the keynessian model oif income determination app
Expansionary or contractionary, If the Fed wants to keep real GDP at its potential level in 2015, should it use expansionary policy or contractionary policy? Should its trading desk be buying T-bills
Explain why elasticity of demand is such an important concept to marketers who sell a "commodity" product. What pricing strategies would you recommend under these circumstances? Justify your recomm
Consumtion, onsumption expenditures. B) ignore inventories because they do not represent final goods. C) subtract increases in inventories or add decreases in inventories. D) add increases in inventor
Gdp, In calculating the GDP national income accountants: A) treat inventory changes as an adjustment to personal consumption expenditures. B) ignore inventories because they do not represent final goo
Expenditure gap, will there be an inflationary or expenditure gap or a recessionary expenditure gap if the full employment level of output is $500 billion ?
Employment and statuses, Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as Employed, Unemployed, “Not in the labor force” if not in the civilian labo
Assignment help, Would you be able to provide me with answers to my assignment homework in the next few hours? It's due at 11:59
Ireland and spain have been experiencing, Ireland and Spain have been experiencing deep economic crises. The crises were the results of the preceding booms with fast credit growth, house price bubbles
Ireland and spain have been experiencing, Ireland and Spain have been experiencing deep economic crises. The crises were the results of the preceding booms with fast credit growth, house price bubbl
Suppose a firm operates as a price taker in a perfectly competitive industry. The firm’s Total Cost function is given by TC = a + bQ +cQ2. Therefore the firm’s marginal cost is given by b
Suppose the Federal Reserve Bank decides at its next FOMC meeting to raise the federal funds rate from around 0% to .25%. With the aid of a diagram, carefully explain how they will go about implementi
Determine whether each of the following would increase or decrease the opportunity cost for mothers who choose not to accept work outside the home. Explain
Establish algebraically whether this production function exhibits increasing, decreasing, or constant returns to scale
Frequent moviegoers often note that movies are rarely based on original ideas. Most of them are based on a television series, a video game, or, most commonly, a book.
Laboratory equipment sells for $75,000. The manufacturer offices financing at 8% with annual payments for the 4 years for the $50,000 of the cost. The salesman is willing to cut the price by 10% if yo
How does capital investment affect the marginal physical product of labor? Does more college education have the same kind of effect? Which is a better investment?
A firm in a purely competitive industry has typical cost structure. the normal rate of profit in the economy is 5 percent. this firm is earning $5.50 on every $50 invested by its founders. what is the
Suppose that the MPC has a value of 0.95. If this is true, then a $10 million increase in disposable income (YD) will have what impact on the value of total consumption in the economy?
Your boss offers you a wage increase of 10 percent. Is it possible that you are worse off with the wage increase than you were before? Explain your answer using proper economic terms and analysis
Does LRMC =MR for Competition? Does LRMC =MR for Monop. Competition? Does LRMC =MR for Oligopoly? Does LRMC =MR for Monopoly? Does P=AC for Competition?
In a perfectly competitive market suppose that a competitive firm's marginal cost of producing output q is given by MC(q)=3+2q. Assume that the market price of the product is $9: