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Q1. Suppose a consumer has an income of $500 and faces prices Px=5 and Pz=10. Write the equation for the budget constraint.
Q2. Suppose a given country experienced low and stable inflation rates for some point of time, but then inflation picked up and over the past decade has been relative high and quite unpredictable. Explain how this new inflationary environment would affect the demand for money according to portfolio theories of money demand, What would happen if the government decide to issue inflation protected securities.
Why is monitoring and controlling the project cost important for the success of the project.
Assuming sum-of-years digits depreciation, what book value will Model-I have after two years.
What happens to the demand for Sara's sweatshirts in long run. In long run, what happens to Sara's economic profit.
Suppose the point of tangency that characterizes long-run equilibrium for a monopolistically competitive firm occurs at Q1 units of output.
In country B the opportunity cost of 100 gallons of beer is 0.95 tons of cereal. Both countries can experience gains from trade if the exchange rate for a ton of cereal is 96 gallons of beer
Write down the budget constraint of the representative consumer and Write down the maximization problem of the representative consumer and find labor supply
The municipal swimming pool charges lower entrance fees to local residents than to non-residents. Conclude that non-residents must have for swimming at the pool than residents.
The opportunity cost of Juan's time is $8 per hour. If Juan receives $2 per pound for his fish, what is the optimal number of hours he should spend fishing.
The cause and effect on how and why there was a government shut down a month ago.
Each firm can monitor the other's price very closely and can respond instantly
Explain the essential distinctions among the stages-of-growth theory of development, the Structural change models of Lewis and Chenery.
Using this demand function, find the total revenue function. What is the shape of the total revenue function.
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