Instructions: in part a, enter your answers as whole numbers. in part b, round your answer to 2 decimal places. a. waxwania is producing $650 of real gdp, whereas the potential real gdp (or full-employment real gdp) is $750 . how large is its budget deficit? how large is its cyclically adjusted budget deficit? b. how large is its cyclically adjusted budget deficit as a percentage of potential real gdp? deficit =c. is waxwania’s fiscal policy expansionary or is it contractionary?

San ruiz interiors provides design services to residential and commercial clients. the residential services produce a contribution margin of $450,000 and have traceable fixed operating costs of $480,000. management is studying whether to drop the residential operation. if closed, the fixed operating costs will fall by $370,000 and san ruiz’ income will

Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?

Fabian got into an accident on his way to work. he had multiple fractures in his leg. his doctor advised strict bed rest for at least three months. fabian is a freelance wildlife photographer who usually works on a contract basis, and this is his primary source of income. before the accident, fabian was planning his finances. which goal of his financial plan would fabian in getting through without pay for the next three months? the goal that requires the creation of a/an would fabian get through the next three months without pay.