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a household allocates its 5000 monthly income to the purchase of necessity and luxury goods the average price of
assume a 5-member household with a monthly income of 6000 this household allocates its income to the purchasing of food
a household splits its 4000 monthly income between necessity and luxury goods the average price of necessities is 30
assume a household with a monthly income of 5000 this household allocates its income to the purchasing of food and
a household allocates its 2000 monthly income to the purchase of three goods prices of these goods are 30 40 and 20 per
classify the following as quantitative or qualitative variablesa genderb brand of soft drinkc race
how would you present the unemployment rate of the white and non-white populations in the last 20 years for 50 states
classify the following as quantitative or qualitative variablesa heightb ethnicityc number of passengers
express the following sets using specificationa set of real numbers between and including -20 and 100b set of real
express the following set using enumerationa set of positive even numbers less than 20b set of prime numbers
the result of the austerity policy is an almost balanced budget unfortunately accompanied by a big decline in the
consider a national income model with the following consumption investment and tax functions c 55 085ydt 20 005yi
assume a closed economy with the following national income model y c i g0c c0 by dt t0 ty i i0 iywhere i0
consider a close economy with the following consumption and tax function c c0 by d t t0 tya identify the
the demand and supply functions of two goods are qd1 82 - 3p1 p2 qs1 -5 15p1qd2 92 2 p1 - 4 p2 qs2 -6 32 p2a
the demand and supply functions of two related goods are given by qd1 40 - 5p1 6p2qs1 -50 4 p1qd2 120 3p1 - 4
assume the daily market demand and supply functions for a good are qd 3000 - 6p 0002 inc0 qs -1000 4 pwhere inc0
consider the following model suggested for a commodity qd 2000 - 300 p qs -4000 500 p is this model
graph the following demand and supply functions determine the equilibrium solution from the graph solve the equation to
find the equilibrium price and quantity for the following market models a qd 350 - 10 p qs -50 30 pb qd 14000 -
consider the following aggregate consumption and investment function for a closed economy c 15 070y i 30 01y - 75
consider the following model of income determination y c i g0 c c0 by d i i0 iy t tythis model includes a
consider an open economy with the following consumption and tax functions c 5 075yd t 020y assume i0 100 g0
assume that in problem 14 c0 30 b 092 t 012 i0 70 and g0 60a find the equilibrium values of the models
assume that the national income model is specified as y c i0 g0 c c0 by d t tya identify the endogenous