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Q. Assume that the marketplace for engagement rings is in equilibrium. After that political unrest in South Africa shuts down the diamond mines there. South Africa is the world's primary supplier of diamonds. Illustrate what will happen?
Q. If velocity is 6 the cost level is 1.2 also real output is 1,100 billion, illustrate what is the money supply? If the money supply is $300 billion the cost level is 1.3 also real output is 1,300 billion, illustrate what is velocity?
GDP is significantly lower in your country than in the United States, Illustrate what might this imply.
If the economy is competitive so that factors of production are paid the value of their subsidiary products, what is the share of total income that will go to land.
Little Kona is a small coffee company that is considering entering a marketplace dominated by Big Brew.
This is an essay question, but I don't know how to explain. Should I use the supply-demand curve to explain, or use the marginal cost- marginal revenue curve to explain this question.
If buyers pay $8 per unit to the intermediary but sellers offer to rebate part of that expense to buyers.
Small country Alpha exports lumber products obtained by cutting Alpha's forests. Cutting the forests creates negative external effects in Alpha.
Given the optimal output in c, Elucidate how much profit (or loss) can the manager of Ever Klein Pool Services expect to earn?
Original owners must sell their used cars. Original owners know what their cars are worth, but buyers can't determine a cars quality until they buy it.
Report demand graphic as well as independent variables that are relevant to absolute a demand analysis providing a rationale for the selection of the variables.
Using your understanding of shifts in supply also demand, will this turn out to be a helpful or hurtful move on the Kenyan government's part.
Shadow Bank 411 buys $3 million more securities in the market and "pays" for them with its account at Bank 411. Bank 411 borrows $3 million more as a first response.
Economists argue that the move from barter to money increased trade and production. How is this possible.
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