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On January 1, 2002, Germany officially adopted the euro as its currency, and the deutsche mark stopped being legal tender. According to an article in the Wall Street Journal, even 10 years later many Germans continued using the deutsche mark, and many stores in Germany continued to accept it. Briefly explain how it is possible for people to continue to use a currency when the government that issued it has replaced it with another currency.
determine whether gdp will be underestimated or overestimated in each of the followingthe quality of goods is
Suppose that the price of good x rises and price of good Y falls in such a way that the consumer's new optimal consumption bundle lies on the same indifference curse as his old bundle. Compare the quantities demanded between the old and new bundle..
assume that the treasury is currently running large surpluses tax collections exceed new government spending. on a
bulls eye department store specializes in the sales of discounted clothing shoes household items etc. similar to the
How do providers influence the decisions that patients make? What type of decisions do patients make as a natural consequence of the influence from providers and physicians?
Would this event cause the demand for the dollar to increase or decrease relative to the demand for the pound?
How might a Wal-Mart representative respond to the negative criticism that might arise as the result of sighting the new facility in a community ranging from traffic congestion to anti-union sentiment to unfair competition.
identify whether each of the following raises labor demand or lowers labor supply includes slowing labor supply growth
Draw a supply/demand diagram of the market for "loanable funds" in the U.S. Use the "interest rate" as the "price" of loanable funds on your diagram.
Determine the trade balance between the U.S. and China for the most recent five year period.
What does the Justice Department mean by "substantial and credible efficiencies," and how might they benefit U.S. consumers? Why would a merger between two large airlines not be "likely to substantially lessen competition"?
Suppose that the market for some product has a linear downward?sloping demand curve and a linear upward sloping supply curve. Then suppose that the price of a substitute good increases and the price of an input to production also increases.
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