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nata0808 [166]
3 years ago
12

"University A sets tuition at the equilibrium level based on price and then imposes entrance requirements in the form of minimum

high school GPA and SAT scores. Enrollment at this school will likely be"
Business
1 answer:
barxatty [35]3 years ago
3 0

Answer:

Enrollment in this school will likely be below the equilibrium level.

While the price of tuition has been set at the equilibrium level, and as a result, the demand for tuition is also at the equilibrium level (the demand is the amount of students that want to enroll in university A), the amount of students that will enroll will likely be below equilibrium because the University is using non-pricing mechanisms to restrict demand: minimum GPA and SAT scores.

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The goal of expansionary fiscal policy with respect to output is to: Multiple Choice increase spending and shift aggregate deman
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The goal of expansionary fiscal policy with respect to output is to reduce the problem of unemployment. In order to let this work, the government must increase its spending or Decrease the tax rate. This will make the Aggregate Demand Curve to the right which is a proof of increasing real Gross Domestic Product (GDP) as well as gradual reduction of unemployment.

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Problems with (or leakages from) the money creation process would include an increase in the reserve requirement. unwillingness
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Solution

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4 0
3 years ago
(a) What factors determine a
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