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A newly established Internet Cafe is seeing to expand its operations. What would happen if the predict to open 208 stores each year is wrong? What would happen to the costs if the growth rate was half as much as expected? This does not need to be a detailed economic analysis.
If the Federal Government is giving more than it receives in tax revenues in an effort to reduce unemployment
There are many factors might change AD and AS, and equilibrium. Please evaluate the effect of following scenario on the AD curve, AS curve, and accordingly the effect on equilibrium price level and equilibrium GDP/output.
The Wozniak Corporation, a maker of aircraft engines, determines that in 2008 the demand curve for its product is as follows-What is the price elasticity of demand if price equals $500?
Suppose that the ecomony is operating below full employment and that it will not overheat during the year.
Assume that the soft coal industry is a competitive industry and it is in long run equilibrium. Now assume that the firms in the industry form a cartel.
To maximize total income should the price be increased or decreased
Explain why did Ricardo think that international trade was based on comparative advantage while internal (domestic) trade was based on absolute advantage.
You have just won a lottery! You will receive $50,000 a year beginning one year from now for twenty years. If your required rate of return is 10 percent,
Price comparison services on the Internet (as well as shopbots) are a popular way for retailers to advertise their products and a convenient way for consumers to simultaneously obtain price quotes from several firms selling an identical product.
A married couple is considering purchasing a new sport utility vehicle (SUV) 5 years from now. They expect the SUV to cost $32,000 at the time of purchase.
What types of inefficiencies and/or externalities arise in each renewable resource case that interferes with sustainable and efficient management results?
Illustrate what fiscal policies are needed to fight unemployment
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