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Hurricane Katrina was a natural disaster that would have had an impact in the US economy. What effect would Hurricane Katrina have on aggregate demand or aggregate supply, other things being constant? What would be the resulting effect on the equilibrium price level be?
Illustrate what is the objective of the article. Please note that the article has to be relevant to microeconomics and the topics covered in this class.
Is the subsiquent events cause the dollar to appreciate or depreciate against the Euro.
Assume that a chair manufacturer is producing in the short run (with its existing plant and equipment). The manufacturer has observed following levels of production corresponding to different numbers of workers:
Assume the utility function is not the square root of income but instead, utility is linear in income.
Explain how might Peterson draw on the insights of new growth theory to draft a position statement ruling out unhindered immigration but proposing greater openness to "targeted immigrants".
What is a fixed payment made by the privately insured patient in exchange for receiving the medical good or service? What is the percentage of each and every medical bill that the patient pays rather than the flat dollar amount?
Elucidate when did we have the last major tax increase. How did the economy react to that over the next few years.
Assume that the payouts of the game were changed (if necessary) such that it results in gamblers having a positive expected value.
Discuss market trends that the organization will face. Explain your conclusions. Address how each of the following will change or will not change.
Which one shirts or sweaters, has a demand-elasticity which allow you to increase the price, sell fewer units BUT still increase your revenues.
Assume a country that basically consumes 100 pairs of shoes per hour, all of which are imported. The price of shoes is $40 per pair before a ban on importing them is imposed.
The extensive application of protective tariffs destroys the ability of the international marketplace system to allocate resources efficiently.
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