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You are given an offer to split a $20 bill. The other player offers you $1. If you accept the offer, you keep the $1 and the other player keeps $19. If you reject the offer, neither of you will get anything. Do you take the offer?
How could you take the advantage away from the other player in the ultimatum game?
Which of the following would shift the short-run aggregate supply curve to the right?
What are the advantages and disadvantages of each method. What do you suppose led each company to make their choices.
Why are many consumers apt to be rationally ignorant about their options? Why would insurance coverage tend to increase rational ignorance? Why are so many economists opposed to licensure of medical facilities and personnel?
q1. if an increase in the budget deficit reduces national saving and investment we have witnessed a demonstration
q.pharmaceutical drugs have an inelastic demand as well as computers have an elastic demand. suppose that technological
Describe the equilibrium price and quantity. What is the surplus of consumers and the welfare.
The tools of monetary policy for altering the reserves of commercial banks are the
Given a daily traffic rate of 6000 cars, a toll of $26.00 per car, and a price elasticity of -1.4. What would be the effect of a 50% decrease in price on the traffic rate and daily revenue?
EXPLAIN IF POSSIBLE. What is happening to the US trade balance in each of the following situations? Explain.
Suppose a candidate who runs on a platform of soak the rich wins the 2012 presidential election. After being elected, he or she persuades Congress to raise the top marginal tax rate on the federal personal income tax to 65%.
Illustrate what does this outcome reveal about the size of the multiplier
The net exports effect is the impact on a country s total spending caused by an inverse relationship between the price level and the net exports of an economy. Using this principle, discuss how the following economic variables change during an econom..
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