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1. The aggregate supply curve shows the relationship between the aggregate price level and:
the aggregate money supply.
aggregate output supplied.
the aggregate unemployment rate.
aggregate employment.
2. Profit per unit equals:
cost per unit minus price per unit.
price per unit minus the nominal wage rate.
price per unit minus cost per unit.
price per unit divided by cost per unit.
A key year for them is 2015, when Southeast Asia's Open Sky Agreement comes into effect, allowing unlimited flights to all 10 ASEAN members: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
consider the following utility function uxy min 3x xy 2y. sketch the indifference curves and show where the corners
Find and expression for the marginal rate of substitution (MRS x,y ) at any point (x, y). Suppose x = 3 and y = 2, what is the MRS x,y ?
The general demand function for a good, Good A, is: Is Good A a normal good or an inferior good? How do we know exactly?
recently a regional automobile dealership sent out fliers to perspective customers indicating that they had already won
Purpose the market demand curve for a product
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope.
Fill in the table for the perfectly competitive firm. Explain how you arrived at each number and what is the optimal output, price and profit of the firm?
A.Based on the National Accounts, what policies would you implement to eliminate a NX
ques 1the government is planning to build a bridge which connnects the north and south of the country. the cost of
if consumption c 150 .8y investment i 35 govt. expenditures g 40 exports x 15 and imports m 10a. what is the
Which of the following would shift the aggregate demand curve to the right?
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