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1. Why the distinction is important to understand the shock to aggregate demand?
2. Belgian students working in the UK at companies like Starbucks are unhappy with the Brexit vote and transfer their bank balances to Brussels. As a result, there is an increase in the pressure for the Euro to: (Multiple Choice)
a. Depreciate
b. Appreciate
c. Does not change
What is the relationship between a country’s political/economic environment and risk? What about corruption? Please provide examples to support your post!
Draw a diagram showing the combined labor market for secretaries, nurses, and teachers. Draw a diagram showing the combined labor market for all other fields. In which market is the wage higher? DO men or women receive higher wages on average?
To illustrate inflation inertia in an aggregate demand–aggregate supply model, the short-run aggregate supply curve shifts upward because of increases in ______, and the aggregate demand curve shifts upward because of increases in ______.
Let the inverse demand curve for tennis classes is: P = 90 - 1.5Q. If the equilibrium price is $15, calculate the optimal quantity and the consumer surplus. If price increase to $30, calculate the optimal quantity and the new consumer surplus.
The number of land lines for tellephones is rapidly declining as more and more people use smartphones. Using the markets for land lines and smartphones, illustrate these changes. What is causing them?
Should the State of Texas implement term limits for our members of the appointed boards and committees, since most boards and committees handle the day-to-day operations of state government? Why?
Given the following Utility function: U=(2X1X2+3X1^2)^3 x2 1. Find the marginal utility for x1 and x2. Do not simplify the function. work it in form given 2. Show mathematically whether the marginal utility for x1 and x2 is increasing or decreasing 3..
Suppose the airline industry consists of two firms, A and B. These two firms engage in Cournot competition with each other over a certain route for which inverse demand is P(Q) = 1000 − Q with Q = qA + qB. Solve for the Cournot equilibrium price. Sup..
The citizens of Springfield love donuts. Due to health concerns, the city has decided to make citizens responsible for paying a per donut tax of 50 cents. a) On the graph, please shift the appropriate curve to illustrate the effect of the tax.
Two physical therapy firms want to merge. The price elasticity of demand for physical therapy is -0.40. Firm A has a volume of 10,400, fixed costs of $50,000, marginal costs of $20, and a market share of 8%. Firm B has a volume of 15,600, fixed costs..
Explain how a monopolist chooses its profit-maximizing price and quantity. The paper should then discuss how the monopolist’s profit-maximizing decision affects price, quantity traded, consumer surplus and producer surplus, compared to a competitive ..
illustrates what is a possible analytical tool to study the impact of WTO's trade rule on economic development of SSA?
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