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In 1999, Ecuador experienced a debt crisis.
What two prices that undermined the sustainability of Ecuador's debt? and why these price developments had a negative effect?
To compare levels of production from different years, the appropriate measure to use is:
In a perfectly competitive industry, the price of good A is $2. If a firm in this industry decides to increase its price to $2.50, it will: a. realize an increase in profit of $0.50 per unit output. b. lose some of its customers in the market. c. be ..
a. Explain what happens to total revenue if Company A increases its prices. b. Explain what happens to total revenue if Company B increases its prices.
Use the sticky wage theory of aggregate supply to explain what will happen to output and the price level in the long run. What role does expected price level play in the adjustment?
Corporations argue that corporate welfare is motivated by sound economics. Critics of large corporations see the policy as unfair public support of those who need it least. What do you think? Why do you think corporate welfare has continued at the sa..
Discuss and analyse the effectiveness of the fiscal and monetary policies employed in 2009, illustrating with aggregate demand-aggregate supply models.
Two partners own together a small landscaping business in North Carolina, called Summer Lawn Care. They have been specializing in summer grass seeding, installation, and maintenance. Recently, the partners acquired special technology and know-how for..
Suppose you have three producers of oil A, B, and C, with extractions costs of $8, $10, and $12 per barrel of oil. Assume there are no user costs. Assume that each well can produce 100 barrels of oil per day. How much oil will be produced if the mark..
On the topic of Economic growth: i. What does it mean? ii. How can it be graphically represented? iii. What are the prerequisites to Economic growth? iv. Why is Economic growth important? v. What factors tend to limit growth? The Presentville – Futur..
A woman opened an account in a local store. In the charge account agreement, the store indicated it charges 1.5% each month on the unpaid balance. What nominal annual interest rate is being charged? What is the effective interest rate?
1. Define a two-dimension array with 10 rows and 2 columns.
It is assumed that quantity of item is intended of other items find out probability that first faulty item doesnot occur in the first six selected items.
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