How combined tax-transfer policy affect aggregate demand
"Suppose the government decides to increase taxes by $30 billion in order to increase Social Security benefits by the same amount. How will this combined tax-transfer policy affect aggregate demand at current prices?"
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A perfectly competetive firm faces a market price of $10 for its output of X. it owns two plants, A and B, whose total costs are. How many units should each plant produce to maximize profit at that price?
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