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What is the type of market with many buyers and sellers, each having an equal effect on price?
As a government needs to increase tax income, it will often increase the sales tax on gasoline.
In his semi yearly testimony to the Senate banking committee past summer Alan Greenspan commented on the recent Fed funds rate hike in late June 2004;
Ryan's annual salary is $120,000 per year. He asked his employer to pay $20,000 of his salary to his elderly grandmother who is in a nursing home. The employer makes the $20,000 payment directly to the grandmother and pays the balance to Ryan.
Consider an economy with the following Cobb-Douglas production function (note that this production function does not contain natural capital). If the capital stock and real GDP grows at 3 percent per year, labor hours grow at 4 percent per year, and ..
Most commercial fish species in nearly every ocean and sea are rapidly depleted. The world fisherman and vessels represent twice as much fishing power as major stocks of fish can sustain.
Martin's Yachts has paid yearlydividends of $1.40, $1.75, and $2.00 a share over the last three years, respectively.
Describe the benefits and drawbacks of dynamic pricing for this particular company.
There are two goods in the economy, anchovies (a fish) and bananas ( a farm product). Draw the economy's production possibilities before and after a natural disaster that lowers the banana harvest but does not affect anchovies.
Get price level stability under these conditions the government should:
Under monopoly, what is the relationship between price and marginal revenue. At what point does the firm produce in order to determine the output level and price required to maximize profits. What is the overall constraint on the monopolist
The depreciation schedule for certain equipment has been arrived at by various methods. The estimated salvage value of the equipment at the end of its 6 year useful life is $600. Identify the resulting depreciation schedules. Year A B ..
The Federal Reserve unexpectedly increases the rate of growth of the money supply by 1%, and this change is expected to be permanent. What nominal interest rate will banks charge on new mortgages?
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