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You are given two points on a straight line: (X, Y) = (10, 10) and (-10, -20). You are told this line shifts to the right by 20 units (i.e., the shift is a parallel shift and at any given price consumers now demand 20 more units than they did initially). The equation for the new line is
a. Y = 3/2X - 5b. Y = 3/2X + 5c. Y = 2/3X - 35d. Y = 3/2X - 35
As an economy increase and productivity grow, real wages tend to rise - people get richer on aggregate. Real wage growth implies that people are able to buy more of the services that are in basket of goods.
When you do not know the right demand, you can't set the right price. So, instead of setting the price first, how can you find out the right price when there are some uncertainty in your demand estimate?
Assume the market can be described through the following three sources of systematic risk with associated risk premiums.
It is estimated that tt months from now the population of a certain town will be increasing at a rate of 150t/ cubed root of (7t+8) people per month.150t7t+83people per month.
Edgemont Company had revenues of $230,000 and expenses, including income taxes, of $190,000. On December 31, 2005 Edgemont had assets of $350,000,
A country opts for free trade while some workers remain unemployed in the import-competing sector. WHY? Given real wage rate in Thailand is higher than Bangladesh
in order to financially stimulate the nation the federal government injected 900 billion dollars into the economy.
Summarize the major accounts in the balance of trade, and explain how they balance out - Explain where the US balance of payments an entry would be recorded.
The following is a list of target audience examples. Your task is to identify what the bases for segmentation is in each example. Is the segmentation effort Geographic, Behavioral, Demographic, or Psychographic? There could be more than one correc..
Determine which of the following is not one of the basic preconditions for economic growth?
Why would cash transfers typically be preferred by recipients over in-kind transfers? Why would cash transfers typically be preferred by recipients over in-kind transfers?
Explain how has a more diversified labor force affected the corporate structure and the economy.
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