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Assume that some rational consumer X has satisfied the optimal purchase rule (the equi-marginal principle) and then the price of gasoline drops. If everything that X purchases is a normal (superior) good, then....
X will purchase more gasoline and also more of everything else
X will purchase less gasoline and more or less of everything else
X will purchase more gasoline and more or less of everything else
X may purchase more or less gasoline and more or less of everything else.
Conduct a cost-benefit analysis of obtaining a graduate degree. Assess both the short-term and the long-term costs and benefits to determine why some people obtain the extra education while others do not.
Assume you have the power to make reforms to the way tax research and planning is currently conducted. Propose the reforms you would make. Justify your response.
Explain what determines the level of income, employment, output and prices in our economy. Do you think current monetary and fiscal policy is working to help the U.S. economy achieve the three economic goals of full employment, economic growth, and s..
q.an investor puts 15000 into each of four stocks labeled a b c and d. the table shown below contains the means and
Explain what does efficiency prevail in the Gilroy labor market. If not, what is the size of the deadweight loss. you must use a diagram and show the appropriate values on it.
If in agreement, identify two personal liberties that people should be willing to sacrifice. If in disagreement, identify two personal liberties that people should not be willing to sacrifice.
If the growth rate of the money supply is 6?%, velocity is? constant, and real GDP grows at 4?% per year on? average, then the inflation rate will be what %? If the growth rate of the money supply increases to 18?%, velocity is? constant, and real GD..
Principle theory of management
Illustrate what is the size of the labor force. Illustrate what is the official unemployment rate.
What is the current U.S. Fiscal Policy - is it expansionary or contractionary? If the current GDP has declined or expanded over the past 2 quarters at least, which of the tools of fiscal policy would you use to try to rein in the economy and how is t..
Suppose you are a marketer for a US manufacturer of pet supplies. Two top executives have proposed expanding the company by opening retail stores and marketing pets on-site-- puppies, kittens, rabbits, birds, fish etc. What are potential benefits and..
Suppose that McDonald’s overseas sales revenue in Europe totaled €10.00 billion in 2014 and is predicted to grow to €11.50 billion in 2015. From 2014 to 2015, what is the predicted growth rate of McDonald’s European revenues in terms of dollars? Expl..
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