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A monopolist faces demand curve P = 100 - 2Q and has marginal cost MC = 20. Find the profit-maximizing price and quantity, and calculate the deadweight loss.
Solution includes: Profit maximization, price determination, welfare analysis
Given consumption function C = 100 + 0.8Yd and investment I = 200, calculate the equilibrium GDP and analyze the multiplier effect.
Solution includes: Equilibrium analysis, multiplier calculations, policy implications
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