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Zack quits his job at a consulting firm, which pays $40,000 a year, to enroll in a two-year graduate program. His annual school expenses are $30,000 for tuition, $2,000 for books, and $600 for food. What is his opportunity cost of attending the two-year graduate program?
When the exchange rate falls, in the foreign exchange market the quantity demanded of the currency increases.
Unemployment numbers drop as more jobless Americans Find out positions in local businesses. Which determinant of aggregate demand causes the change.
Two identical countries, Nation A and Nation B, can each be described by a Keynesian-cross model. MPC is .9 in each nation. How much is government purchases multiplier for each nation.
Political scientist Garry Wills stated if leader is just an expediter of what other people wish, a resource for their use, the people are not being led but serviced.
Alejandro scoobert owns a store specialization in soccer jerseys. Illustrate what was the value added to Alejandro store in 2008.
Illustrate what real world factors may affect the stability of our banking system also Illustrate what might Americans do to better understand the importance of this banking sector.
The graph below shows the demand and supply curves of the market for gasoline as well as the wedge that the tax creates. Explain how much is the total tax revenue.
Wheelan (in Naked Economics) states that "the problem with Asian sweatshops is that there are not enough of them." How is Wheelan's statement illustrative of the concept that every market transaction makes all parties better off?
Find the equilibrium price (P), quality (Q), and revenue in a market characterized by the following equations:
How many units will be traded at a cost of $35? At a price of $14. Which participants will be dissatisfied at these prices.
q. gains from trade will result if a country specializes ina. the goods in which it have a comparative advantage.b. all
Romer Model Consider an endogenous growth model-Use equation (2) to solve for the growth rate of technology ga Your answer should only include l, z, N. Use your answer in part (a) and A0 to write an equation that determines what At would be for any t..
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