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Only need to be 150 words****
In view of the weak economy of the last several years, explain which of the four (4) components of GDP had, or is having, the greatest positive impact in our economy. Use the following historical tables to support your response.
Draw the demand and supply curves. What is unusual about the supply curve ? Why might this be true?
ECON 3102 SPRING 2016, Rashid supervisor asked him to prepare a report mentioning the different objectives for the new firm
4. Suppose that the economy-wide expected future marginal product of capital is MPKf =20 - 0.02K, where K is the future capital stock. The depreciation rate of capital, d, is 20%per period. The current capital stock is 900 units of capital. The price..
Under the maturity extension program, the Federal Reserve sold or redeemed a total of $667 billion of shorter-term Treasury securities and used the proceeds to buy longer-term Treasury securities, thereby extending the average maturity of the secu..
What would be the production possibility frontiers for Brazil and the United States? Without trade, the United States produces 45,000 units of clothing and 150,000 cans of soda. Without trade, Brazil produces 75,000 units of clothing and 30,000 cans ..
Elucidate the difference among a monopoly and an oligopoly, the welfare effects of monopoly.
(1) Show that a profit maximizing monopolist equates marginal revenue in each market to the common marginal cost. (2) Derive mathematically the formulas for the price-elasticity of demand and for the income-elasticity of demand. Interpret both m..
Utilizing free markets and the price system always results in a more efficient resource allocation than central planning. Just look at what happened in Eastern Europe.
How does a minimum wage imposed under monopsony differ in results as compared with a minimum wage imposed under perfect competition (assuming the minimum wage is above the market-determined wage)
Briefly state and evaluate the problem of time lags in enacting and applying fiscal policy. How might "politics" complicate fiscal policy How might expectations of a near term policy reversal weaken fiscal policy based on changes in tax rates
Suppose the average puppy weighs 10 pounds. A sample of 10 puppies yields a sample mean of 13.2 pounds and a sample standard deviation of 2.78 pounds. Assume the population standard deviation is known to be 5.25.
A researcher is interested in the size of the current balance of credit card holders. To estimate this, he obtains the size of the current balance of a random sample of 25 credit card holders. A 90% confidence interval for the mean current balance..
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