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What is the difference between contractionary and expansionary monetary policy? What is the difference between contractionary and expansionary fiscal policy? How does each policy affect the AD in the economy?
What are the benefits and major problems of the fiscal policy and monetary policy?
If none of the high-cost firms makes a positive profit, how large is n. Elucidate how much profit do the low-cost firms make.
an additional $15 of investment projects in each successive rate of return range down to and including 0-5 percent range. Which of lines on above diagram represents these data.
Assume that an employer believes that the “efficiency” (e) it can get from a particular worker, as a function of the hourly wage (w), is given by function e = –0.125w + 0.15w2 – 0.005w3, at least up to a wage of 30. Which wage gives the highest ratio..
The New York City rent stabilization law of 1969 established maximum rental rates for apartments in New York City
Explain how you might use this survey data to predict the difference in the probability of marijuana use between married and single people.
A monopolist with a straight-line demand curve finds that it can sell two units at $12 each or 12 units at $2 each. Its marginal cost is constant at $3 per unit. Given the demand curve, draw the MR, and MC curves for this monopolist.
Find out the optimal prices, the number of tickets sold in each area and the seller's profit given that the seller wants to serve all consumers.
Consider the following after-tax cash flows: Compute the future worth’s of the projects at the end of period 7. Assume that the required service period is seven years and that the company is considering a comparable equipment that has an annual lease..
Explain how much must government spending increase to eliminate the GDP gap.
Suppose a technological advance reduces the cost of making computers. Draw a supply and demand diagram to show what happens to price, quantity, consumer surplus (CS), and producer surplus (PS) in the market for computers.
This first part of the problem set introduces you to Stata for simple data analysis. For each question, first copy and paste the Stata output into a word-processing document (use the "copy as picture" option), then type your answer. You can downlo..
If you were a manager at PepsiCo, would you try to convince your colleagues that introducing the new soft drink is the most profitable strategy.
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