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What are three different ways to solve a system of linear equations?
Give an example using of one of the methods to solve a system of equations with a complete explanation.
If you increase the vakue of your goods but sell more units is this a violation of the law of demand and how could input suppliers ever lower your profits?
Suppose that the State Bank announces an increase in the money supply. As a result, people start to expect higher prices. What will happen to the short-run aggregate supply curve?
Illustrate what were some of the major contributing factors and how did they combine to cause the recession. How were you affected by it.
Who bears the cost of import barriers protecting a job where the industry employing labor has lost its comparative advantage? Consider the use of tariffs on steel imports into the U.S. during the recent Bush Administration.
In a closed economy the marginal propensity to consume is .60 and the marginal propensity to invest is 0.10. What is the size of the multiplier?
Westside Bakery is planning opening a new branch in Abingdon, IL. Westside will initially sell only loaves of wheat bread. The fixed costs including building,
In The short run Government Monetary Policy(define these) CAN alter realvariables like GDP and Employment but in the long run itcannot.
Mandy is a master wood-carver and Jerry is her apprentice. They will each work the same number of hours making toy cars. Each car requires 4 wheels and 1 body. Mandy makes wheels at the rate of 25 per hour and bodies at the rate of 10 per hour.
What is the difference between supply-side and demand-side economics? How do the above concepts fit into these definitions? Which do you agree with most as a solution to stimulating growth, and why?
Explain how you think macro-economics applies to Walmart. What would it contribute to your understanding of this organization's prospects.
During a recent conversation I had with a friend in Chattanooga, he said that a new Walmart was being constructed there. "The last thing we need is another Walmart," he told me. What is the proper (economic) response that one would give to that st..
Discuss the various ways governments can handle externalities, such as noise from a local airport or a barking dog or building of commercial office space or an industrial building in a residential area How does the assignment of property rights af..
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