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If 96% of Chinese couples have one child which is female 50% of the time and the remaining 4% of Chinese couples engage in sex-selective abortion until they have a male child.
What is the ratio of females per 100 males among the children to the nearest whole number?
Discuss some of the damaging effects deflation has on an economy and what would be a monetary policy prescription to decrease or eliminate deflation?
Explain briefly the advantages and disadvantages for each tool the Fed can use to manipulate the federal funds rate.
Determine the expended change to gross product and the price level likely to be in the short run explain how can this be illustrated by an aggregate demand and supply model?
What happens to the equilibrium price and quantity in each market? Which product experiences a larger change in quantity? Which product experiences a larger change in price?
Is a monopolist subject to any competitive pressures? Explain. Would an unregulated monopolist have an incentive to operate and produce efficiently why or why not 2-)Are the following statements both correct Are they inconsistent with each other a..
From the information in the following table, calculate the income elasticity of demand for this good if income increases from $10,000 to $20,000, and if income increases from $40,000 to $50,000.
The Burrito Barn is considering a price reduction on the Firegut Burrito, which currently sells for $5.00. Jim, the owner of Burrito Barn, knows that the price elasticity of the Firegut is roughly equal to -2.3 over the range of prices being consi..
Discuss the role of the Federal Open Market Committee in conducting monetary policy.
Make a short paper which relates how specific material from economic course where we cover supply and demand, elasticity and etc.
Firm A produces three products. Firm A uses labor costs as a cost driver for support costs. Direct labor is estimated at $20 per hour.
Assume the construction of the $360M stadium is to be financed entirely with debt to be repaid over 20 years.
Describe ways firms establish barriers to entry and explain how they benefit firms but not consumers.
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