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What are the major institutional changes that take place with economic development? Are these institutional changes causes or mere correlations of growth? Or is growth a cause of institutional change?
What are the percentage rise in the price of food also in the price of clothing. What is the percentage rise in the CPI.
What is the -maximing combination of labor and capital the firm should use? What is the resulting level of output? What is the economic profit? Is this the least costly way of of producing the profit-maximizing output?
A basic theory of underlying macroeconomic behavior and therefore useful for making policy predictions. Briefly explain.
what percentage of assets do commercial banks hold in loans? what percentage of assets are held in mortgage loans?
Illustrate what is the real GDP in each year, given that the price index has risen from 100 in the base year to 104.5 in Year 1 and up to 108.3 in Year 2.
What should the jackpot be before the expected payoff is worth your $1.00 bet. Assume that the state takes 60% of the jackpot in taxes, that no one else is a winner, and that you are risk -neutral.
Illustrate what is the equilibrium cost of a car stereo also illustrate what is the equilibrium quantity of car stereos per day.
what will happen in the market for personal computers? How will the equilibrium price and equilibrium quantity of personal computers change?
In light of the externalities involved in the market for gasoline, how do the tax changes affect society's total welfare. Elucidate the effects on each individual component of total welfare.
explain how many smoothest sold by each firm, and illustrate what is the profit made by each firm.
Illustrate what price and quantity of computers should you produce to maximize your firm's profits. Explicidate long adjustment should you anticipate.
Explain how to structure her essay properly and illustrate what sorts of mistakes she should avoid making. Drawing on your prior writing experience, as well as knowledge you have gained from this phase, illustrate what advice do you offer.
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