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Question1. In most developing nations, there are long lines of taxis at airports, and taxis often wait 2or3 hours. What does this tell you about the price in developing nations market? Discuss using supply demand analysis.Question2. In the mid 1990s, Japan's annual money supply growth rate fell to 1-2% from an average annual rate of 10-11 % in the late 1980s. Explain what effect did this decline have on: [A] Japanese real output?[B] Japanese unemployment?[C] Japanese inflation?
Question3. Change in Income (Y) = $1000 billionChange in Consumption (C) = $900 billion
[A] What is the Multiplier?[B] If as a result of decrease in taxes by government, national income goes up immediately by $100 billion what will be the effect after the Multiplier process is complete.
Question4 Are you in favor of either deficit spending on the part of government or one of a balanced federal budget and budget surpluses? My position is in favor of a balanced federal budget and budget surplus.
Present your argument and discuss the economic situations when your position can be successfully implemented and when it may be doomed to failure.
Explain What the profit maximization condition of a business. What is normal versus supernormal profits.
Dana's Doorsteps (DD) is a monopolist in the doorstep industry. Its cost is C= 10Q and demand is P = 30- Q.
Manufacturing support also selling as well as administrative costs comprise both variable and fixed costs; fixed manufacturing support costs for the present year
What would anything change if unemployment benefits were reduced such that the y-intercept of the MC curve increased four-fold. Show graphically.
Explain how do you balance human suffering with the economic realities.
Discuss and explain the current tax treatment of capital gains under personal income tax. Describe why do some economists argue that reduction in rate of taxation and capital gains can actually raise tax revenue collected from such gains?
Airline alliances are major global partnerships that typically secure antitrust immunization, develop code share flights, coordinate frequent flyer plans,
What is real mortgage interest rate in 2001, 2002, 2003 and 2004? What are the values in 2000 dollars of the Nancy's monthly mortgage payments in the year of 2001, 2002, 2003, and 2004?
Calculate the markup percentage also target selling price that will allow Bolus Computer Parts to earn its desired ROI of 25% on this new component.
What is the share of Household A's income spent on education? Does this household consume more or less education if EF = 20 is provided by the government? What is the share of Household B's income spent on education?
The Los Angeles retail market for unleaded gasoline is fiercely value competitive. Suppose situation faced by a typical gasoline retailer when the local market price for unleaded gasoline is $2.50
a nation to have commercial relations with other countries
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