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Suppose the Government decides to subsidize exercise by $2 for every mile (Q) consumers run at a health club that charges by the mile. The current demand for running is Q=12-2p. The supply of miles available by the track owners is S=2p. What is the initial equilibrium price and quantity?
Explain how MNE investment flows from richer countries to poorer countries can have a similar, and potentially accelerated, effect to that of "free trade". Consider the ways in which national tax and/or subsidy policies may affect this process.
Think about Trade. Country A takes 20 minutes to make a car, and 15 minutes to make a computer. Country B takes 30 minutes to make a car, and 20 minutes to make a computer. Total work time is 1 hour. If trade begins who exports and who imports
Rachel utility function is given by U= I 1/2 , where I represents annual income in thousands of dollars. Assume Rachel is currently earning income of $23,000 (I =23) and can earn that income next year with certainty.
Elucidate do labor unions have a role to play today. How important is this role.
What's wrong with this way of thinking? "When the government runs a budget deficit, it simply pays its bills by printing more money
Comparing which is the current quote has the Japanese dollar appreciated or depreciated.
On Thursday nights, a local restaurant has a pasta special. Ari likes the restaurant’s pasta. His willingness to pay for each serving is shown below:
"explain" aggregate supply factors determine a nations potential gdp, whereas aggregate demand factors determine whether or not the nation achieves its full employment gd. how does fiscal and monetary policy relate to aggregate demand
Compute the changes in inflation rates, unemployment rates and the RGDP growth rates.
Find out the marginal utility for each chicken piece. What is the meaning of the marginal utility of the 11th piece.
Which one of the following events could not have caused a shift from isoprofit line 1 to line 2? a. The employers share of the payroll tax rate has increased and the limits expanded. b. Firms structured fringe benefits so as to increase worker produc..
Illustrate what is the difference between a movement along and shift of the demand curve and supply curve. How does a surplus or a shortage of a good or service affect the market price.
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