Suppose the consumption function is C = $600 billion + 0.9Y and the government wants to stimulate the economy.
September 15, 2020
Identify three different sources of economic growth for a national economy. What do you think would be the most helpful thing to increase economic
September 15, 2020

Suppose that the U.S. government decides to charge beer consumers a tax Before the tax, 20 billion six packs are sold every year at a price of $8 per six pack. After the tax, 8 billion six packs are sold ever year; consumers pay $10 per six pack (including the tax) and producers receive $6 per six pack.The amount of the tax on a six pack of beer is ___. Of this amount, the burden that falls on consumers is ___ per six pack, and the burden that falls on producers is ___ per six pack.

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