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Think about Trade. Country A takes 20 minutes to make a car, and 15 minutes to make a computer. Country B takes 30 minutes to make a car, and 20 minutes to make a computer. Total work time is 1 hour. If trade begins who exports and who imports?
Suppose that the currency drain ratio is 10 per cent of deposits and the desired reserve ratio is 1 per cent. If the Reserve Bank sells $100,000 of securities on the open market, calculate excess reserves after the first round. Calculate the money..
Depends on the demand curve above, what is the relationship between good X and good Z. What is the equation of the demand curve if consumer incomes.
Profit by having physicians available in case we need them. Therefore, the government should subsidize medical education.
Use the supply and demand model to explain what happens to the equilibrium price and the equilibrium quantity for frozen yogurt if there is a sudden increase in the price of milk.
ABC Technologies, Corporation, enjoys an exclusive patent on process to atomize gasoline in platinum in combustion engines, producing substantial gains in miles a gallon
The trend toward two-family income has led to policies allowing only one family member to work for a company, flexible work schedules, pregnancy benefits, and elder-care programs or else.
The discussion centers on how person or consumers would react during a period when a country's GDP growth rates.
why might a parent company like McDonald s or Hilton choose to franchise its local outlets rather than own them and staff them with employees In many smaller cities all McDonald's outlets are owned by the same franchisee.
It is well documented that carbon monoxide emissions from combustible engines increase in colder climates. This implies that associated damages are expected to become less severe in summer months than in winter.
When the economy makes the transition from its short-run equilibrium to its long-run equilibrium, what will happen to the price level. How will this change in the price level affect the demand for money and the equilibrium interest rate.
Based on this sample, the 95% confidence interval of the population proportion of working parents who feel they spend too little time with their children because of work commitments is? What are the calulations to solving this problem?
Studies indicate that the price elasticity of demand for cigarettes is about .4. If a pack of cigarettes currently costs $2, and the government wants to reduce smoking by 20 percent, by how much should it increase its price?
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