Labor Economics
Labor Economics
7th Edition
ISBN: 9780078021886
Author: George J Borjas
Publisher: McGraw-Hill Education
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Chapter 6, Problem 11P

(a)

To determine

Differentiate Pell grants and Federal student loans.

(b)

To determine

The impact of price of university education using supply and demand analysis.

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17. Given that C=$700+0.8Y, I=$300, G=$600, what is Y if Y=C+I+G?
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