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What are the 3 goals of macro-economic policies and the target rates?
In country B the opportunity cost of 100 gallons of beer is 0.95 tons of cereal. Both countries can experience gains from trade if the exchange rate for a ton of cereal is 96 gallons of beer
An increase in the rate of a proportional tax will affect the IS schedule (relative to the current position) in the following way:
Assume that the market for wind turbines is a Bertrand oligopoly with two producers: General Electric (an American company) and Nordex (A German company). What will be the equilibrium price and quantity of turbines produced and sold by each company i..
a. Calculate the monopoly firm's maximum profit. b. Calculate the size of the monopoly deadweight loss.
Suppose Mattel, the producer of Barbie dolls and accessories (sold separately), has two types of consumers who purchase its dolls: low-value consumers
Does anyone know the answer to the following question: While reviewing web application logs, the security administrator noticed that someone tried to authenticate the following username:
Please use classical model AD-AS analysis (i.e. state AD, SRAS or LRAS shift rightward or leftward) to predict the impacts on price level and real GDP in the U.
Monopolistically competitive markets are different from perfectly competitive markets because in monopolistically competitive markets firms:
Evan Soltas is a popular economics blogger who began capturing the attention of top economics thinkers while still in high school.
Now assume that the economy is open and that the world interest rate is determined on the world market instead of in the domestic economy. Use a two-country model with initial current accounts equal to zero. How does an increase in domestic wealth af..
During the last year, the demand for books has been falling. At the same time, some industry observers expected that several smaller book manufacturers might exit the market due to the strong competition imposed by Kindle. Use a demand and supply gra..
What is the equilibrium price and quantity? What is the market outcome if the price $2.75? What do you expect to happen? Why? What is the market outcome if the price is $4.25? What do you expect to happen? Why?
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