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Suppose an assistant professor of economics is earning a salary of $75,000 per year. One day she quits her job, sells $100,000 worth of bonds that had been earning 5 percent per year, and uses the funds to open a bookstore. At the end of the year, she shows an accounting profit of $90,000 on her income tax return. What is her economic profit?
Briefly explain the meaning of f test why do you think this test is considered to be more important in multiple regression analysis than it is in simple regression analysis.
uppose a firm is operating under a competitive market conditions and going price for its product is $260. Illustrate what is firm's profit maximizing output. Explain how much profit will firm make.
What best describes the response to monetary policy in 2008-2009? Does this make sense in a classical world? What classical assumptions have to be thrown out to get this model to explain the response of the economy to the increase in the money supply..
q1. what are the terms of trade if the united states trades 1 can of soda for 5 units of clothing?explain why price
Explain the unemployment rate in Tappania is higher now than is has been in 50 years. Can both of those statements be true at the same time.
Describe the problem of “adverse selection” when health insurance is offered at a community rated premium? Define the term “community rated premium” as well. Is it possible to address the problem of adverse selection by increasing the premium level? ..
Although most people agree that the government’s role in the free market economy should be limited, the degree of appropriate government involvement is contested
q1. peter and sally enter a bus and two adjacent cramped seats are free. they must decide whether to sit or stand.
suppose you are considering growing and selling maize. Illustrate what is the profit maximising out put.
Elucidate however, was 3 percent in Finland also 1.8 percent in France. From this we can conclude that France's every capita GDP
Assume that inflation is currently 4% but the Fed’s inflation target is 2%.
q1. in reference to financial perspective you have financial perspective customer perspective process prospective and
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