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Please explain the impact on the economy of Government spending on Health care on interest rates, investments, employment and income in the economy. Please follow the sequence in the question. Show
Discuss briefly the role each of the following plays in the debate between the active and passive approaches:
What is meant by the terms ‘policy agreement' and ‘policy conflict'? What do countries need to do when they find themselves in a policy-conflict zone?
The most important determinant of a household's consumption spending is
Illustrate the effect of this tax on equilibrium price and quantity in the sock market. Identify the following areas both before and after the imposition of the tax: total spending by consumers, to
How will each of the following changes in the mind and/or supply effect qualities prices and equilibrium quantity in a cooperative market that is , do price and quantity rise, falls or remain unchan
The President and Congress change the budget accordingly, but after 18 months, GDP only increased by three quarters of the expected amount. What factors might be responsible for this situation?
If the Fed leaves the money supply unchanged, what will happen to the interest rate over time? If the Fed changes the money supply to match the change in money demand, what will happen to the interest
Give me a hypothetic supply and demand table. Graph your data showing equilibrium price and quantity. Shift a curve or two and show me the new equilibriums.
State how each of the following would affect the average wage of college professors relative to other professionals in the long run. In each case, illustrate with a supply and demand model
Plot the five points on the total product curve where the variable input is classroom teachers and the output is enrollment. Find the point at which the total product is maximum.
How will this trade affect the incomes of capital owners and workers in the wool industry in Australia? Apply your knowledge of an appropriate framework to illustrate this.
In the monopolistic competition model of trade, countries trade because they like to consume all the available varieties. Suppose you can collect country level trade flows and GDP data. How can you
Draw the demand, marginal reveue and marginal cost curves for each market. Estimate the profit maximizing prices and quantities graphically and/or determining the solutions algebraically. What are t
What would the neoclassical economists and the new dissidents have to say about the former Bush Administration's efforts to push forth a Free Trade of the Americas with our South American, Central
Since the September 11th attack there has been an increase in the demand for security personnel-police, air marshals, airport security, etc. How do you think the higher demand has affected the equil
The idea is to improve the love life of these citizens and enhance their quality of life. Present an economic reasoning why this action, despite is unusual nature and comic undertone, might be benef
Suppose that a firm's only variable input is labor. when 50 workers are used, the average product of lavor is 50, and the marginal product of the 50th worker is 75. the wage rate is $80, and the to
Suppose a perfectly competitive, increasing-cost industry is initially in long-run equilibrium and demand suddenly increases. Explain how the demand change affects price and quantity and who benefi
Suppose that a firm produces 200,000 units a year and sells them all for $10 each. The explicit costs of production are $1,500,000 and the implicit costs of production are $300,000. The firm has an
Write a 350- to 500- word paper in which you relate the concepts in this week's readings to a prior real world experience. The experience does not necessarily have to be work experience. Discuss th
We can use the asset approach to both make predictions about how the market will react to current events and understand how important these events are to investors. Consider the behavior of the Unio
Draw the normal form for a second-price sealed-bid auction. The set of strategies for each player should include $0,$2,$4,and $6. Solve the game (in other words, find the optimal bidding strategy fo
Explain why government deficits in more troubled countries, such as Zimbabwe or Iran, tend to produce more inflation than deficits in less-troubled countries, such as Japan or the United States.
Explain why, despite governments' always financing their budget deficits by selling bonds, in some cases those deficits are in their effects are financed by printing money?