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Use the following data table to determine the equilibrium real interest rate after certain factors change:
Month Real Interest Rate (%) Loan able Funds (trillions of $) Exogenous Change Equilibria (increases, decreases, or no change)
January 3% $3 no change no change
April 3% $4 increased fund supply?
July 4% $2 decreased fund supply?
December 3% $3 increased fund demand?
Office building maintenance plans call for the stripping, waxing, and buffing of ceramic floor tiles. This work is contracted out to maintenance firms, and both technology and labor requirements are very basic.
Question: What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
Illustrate what is the difference between absolute advantage and comparative advantage. If a country has an absolute advantage in both goods.
Since under price leadership by the dominant firm, the firms in the industry following the leader behave as perfect competitors or price takers by always producing where the price set by the leader equals the sum of their marginal cost curves.
Suppose that, instead, the market quantity demanded at a price of $1.33 is only 75,000. How many firms do you expect there to be in this industry.
Which information culture can cause an organization to have a great degree of difficulty operating.
Conclude how fixed and variable costs should be adjusted to maximize profit and identify methods to reduce costs.
Assume that during the last month of the tenth year of ownership, the property in Problem 2 is sold for 1,500,000. Assume also that the seller incurs transaction costs equalling 6 % of the sales price.
Illustrate wwhat is the maximum net national loss that this could cause Canada. What is the minimum national loss if Canada is a small country that can not affect the world price.
q.referring back to the class example on money creation assuming thata initially the central bank in swede world puts
Illustrate what do you expect would happen to coffee consumption? In what direction would the CPI move, ceteris paribus? Would that change correctly reflect the impact on consumers' welfare? Explain briefly.
The value of cross price elasticity of demand between goods A and B is 0.75, while the cross price elasticity of demand between goods A and C is -1.38. Characterize A & B and A & C as substitutes or complements. Explain why this is the case.
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