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Show graphically the effects on the macroeconomy of a sharp rise in OPEC oil prices in? A. the short run and B. the long run. How do you account for the differences in your answers to parts A and B?
Describe the point elasticity of demand with respect to advertisement
Substantiate your response with reasons and references to the textbook, lesson presentation, or Websites on the Internet.
The curve that shows quantities of total real output that will be offered for sale at various price levels is called the
Pat and Kris are roommates. They spend most of their time studying (of course), but some time for their favorite activities: making pizza and brewing root beer. Pat takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza.
Explain briefly how a change to the following MS, MD, or P would shift LM function to right. Include in your discussion whether the variable would have to increase or decrease to cause the rightward LM shift.
Why does the aggregate demand curve slope downward?Give at least three reasons and examples when addressing thisquestion. Identify an event that would shift the AD curve and whichdirection the AD curve will shift.
Assume that the economy starts in steady state. According to the Solow growth model, how would each of the following affect consumption per worker in the long run, Explain?
Using the economic concepts that explain differences in wages, discuss any three of the following points.* Why does a chief executive earn more than a rocket scientist working for NASA * Why does a teacher earn less than a firefighter
The ten firms have banded together to form a cartel, and the cartel sets the monopoly price. The cartel agreement limits each firm to an output of one-tenth of the total amount demanded at the cartel price.
Whre the rest of the world propelled by the requires of developing countries, continued to increase by the historic rate. What would be the US share of total consumption in 2050 in percent.
create an original response to the open-ended db question as well as engage in dialogue by responding to posts created
My late father was a high school teacher and I recently found among his things a 40-year old sheet with which I was once very familiar. He had used this sheet as an example of the kind of services provided by the Federal government.
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