3. Charging a higher price for a first class seat on an airplane than an economy seat is most likely an example of

Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?

Why does the fed pay interest to banks? a. it is interest on money held in reserve. b. it is interest on credit available to the fed. c. it is interest on loans taken by the fed. d. it is interest on government investments.

Describe a situation when you used a text reference successfully to preview, prepare for, review or locate information you were learning.