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Autonomous consumption = 660 Marginal propensity to consume = 0.8 Autonomous taxation = 200 Income tax rate = 0.2 Planned investment = 500 Government spending = 500 Autonomous net exports = 300 NX = 0.04 Calculat ...
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Question : For the remaining questions, consider a 4-bit block cipher, described in hexadecimal by the following table: Plaintext Ciphertext Plaintext Ciphertext 0 a 8 e 1 c 9 d 2 f a 0 3 6 b 7 4 3 c 5 5 8 d b 6 4 e 9 7 ...
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Since quotas do not raise revenues but have the same trade effects as do tariffs, why not just have tariffs? Why would the government impose quotas when tariffs not only would reduce imports but also bring in new revenue ...
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