If government policy makers were worried about the inflationary potential of the economy, which of the following would be a correct fiscal policy change?

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A: At equilibrium stage, Quantity demanded is equal to Quantity Supplied

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Q: Consider a competitive industry. Every firm in this industry has a total cost function C (y) = y² +…

A: C(y) = y2 + 1 MC = 2y and, D(p) = 36 - 2y Now, for long run equilibrium P = MC 36 - 2y = 2y 4y = 36…

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A: The sustained rise in the production of goods and services is called economic growth.

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Q: Superior Trading Co. operates in a competitive market, and decides which price to charge their…

A: Here, it is given that the Superior Trading Co. Make economic activities in the competitive market.

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A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you. If you…

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Q: Describe the fiscal and monetary measures that are normally taken to deal with economic depression.

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Q: Suppose that the unemployment rate is 10 percent, and the employment rate is 63 percent in an…

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Q: Suppose that the world economy consists of Country A and Country B, both of which are of similar…

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A: We have P=10, M=500 and I=5000

Q: O vats of juice $ 0 $ 30 1 10 40 25 55 45 75 2. 3.

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Q: AD will shift to the right, other things being equal, when

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Q: The price elasticity of demand is a measure of

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Q: 4.5 You are given the following data concerning Freedonia, a legendary country: (1) Consumption…

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Q: Suppose that there are only two countries in the world: Localia (which is us), that uses the…

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Q: Uz Uz U4 Us 20 28 42 60 Income Currently the consumer has $60. If there is an accident their income…

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Q: Consider the following function: C=100+0.7Y What is the average consumption when income is 200?…

A: Given information: C = 100 + 0.7Y Y = 200

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A: Given graph

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A: Equilibrium is achieved at a point where demand curve intersect the supply curve.