Suppose that households spend 60% of each additional dollar in income that they earn. How much will Real GDP rise when autonomous spending increases by $250?

What role does the Fed play in our national debt and federal deficit?

Does government borrowing crowd out private-sector spending? Explain.

Use the AD/AS model to explain how a tax cut without a government spending decrease affects the economy in the short run and adjustment back to the steady state.

what effects government borrowing has on currency?

what does ‘crowding out’ means?

why is some ‘deficit spending’ by government isn't a bad thing?

• How will the structure of the labor market, including the gig economy effect consumer confidence? How will it effect the growth of wealth of households? How will it effect investment spending?

If the intracellular concentrations of a metabolite (M-COO-) and its phosphorylated form (M-COOPO32-) were 2.9 mM and 0.09 mM, respectively, and if the intracellular concentrations of ATP and ADP were 3.8 mM and 0.16 mM, respectively, what would be the numerical value of \DeltaΔG (in kcal per mol to the nearest hundredth) for the following reaction: M-COO- + ATP <--> M-COOPO32- + ADP? Assume a temperature of 37 °C and a pH of 7.4. To solve this problem, you will need to know the standard free energies of hydrolysis of the phosphorylated metabolite and of ATP. These values are –10.3 kcal/mol and –7.3 kcal/mol, respectively.