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Yesterday's newspaper reported the results of a study indicating that people who eat more bananas are more attractive to the opposite sex. What do you expect to happen to the market price and quantity of bananas?
Discuss the elements that make up Australia's Current Account. Outline the cyclical and structural factors that have caused Current Account Deficits in the last decade. Evaluate the consequesnces of a high CAD for the Australian economy and indicate reasons why it must be lowered
At the same time some internet trades such as grocery home deliveries have continually suffered steep losses regardless of scale.
At Illustrate what value would the minimum wage have to be set so to the firm would make zero economic profit from employing an additional low-skilled worker to clear woodland.
The article touches on two crucial conditions for a fiscal stimulus to work.
which good should the government impose the tax if it needs to maximize government revenue
According to the rule of most favorable input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the corporation.
Illustrate what is factor-proportions theory, also how is this theory useful in determining production advantages
Businesses have to make many financial decisions that have a direct impact on operations and the ability to successfully compete in the marketplace.
Based on your answers in a also b, how can you reconcile the president's statement with economics. Can you suggest how his statement could be modified to be consistent with the IS-LM model.
How does this policy involve the supply and demand for loan able funds. What occurs to the equilibrium interest rate.
As an analyst at the Treasury Department, you have been asked to predict the behavior of key macroeconomic variables for different scenarios on the state of policy between the US and Europe.
Illustrate what is the profit maximizing price of carpets. Illustrate what is the profit maximizing price of carpets.
Proposals for modifications of the law are formulated by committees. Under the closed rule, the legislature may either accept or reject a proposed modification, but may not propose an alternative.
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