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Q. Elucidate reason for both wage and cost rigidities including policy implications for se rigidities. Would you conclude on se reasons suggested by New Keynesian economists as relevant to unemployment situation in South Africa? Motivate your answer by Yes or No.
Illustrate what is the four industry concentration ratio of the hamburger organization in this town.
Assume that the central bank of an economy contracts the money supply.
Opponents of NAFTA point out that pollution is largely a free good in Mexico also that being free to pollute gives industries in Mexico an economic advantage over those in the U.S. also Canada.
Currently, every book it sells is priced at $10.50. Show strategy to offer a discount that lowers the price of a book to $9.50, a 10% reduction in price using the midpoint formula.
explain how many sodas will the consumer purchase in a typical month. Illustrate what is the elasticity of demand for soda.
Illustrate at what output level would the monopolist produce. Illustrate at what output level would a perfectly competitive firm produce.
Before output has had time to adjust, by how much is disposable income reduced. Compute the resulting change in consumption expenditure.
Illustrate what amount of profit does the industry fail to pick up by refusing to increase output by one unit
Describe two ways in which greater education opportunities for girls could lead to faster economic growth.
Explain how will my family's consumption of omelets change this week and why. Chickens by the way do not respond to published prices in their decision as to lay eggs.
Write down John's lifetime budget constraint. Explain how much does he save for the retirement when he is at work.
Illustrate what might you call an outward shift of a nation's production possibilities frontier.
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