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After a negative shock, if the Fed increases aggregate demand, the growth rate rises, but inflation rises even more. True or False?
Illustrate what is the minimum national loss if Canada is a small country that can not affect the world price.
Your company is considering a price reduction on a product which currently sells for the price of $5.00.The price elasticity for the product is roughly equal to -2.3 over the range being considered for the price change.
Suppose you produce one more pair at a marginal cost of $20. If you do produce that fifth pair of shoe, what will your average total cost be. has your average total cost increased or decrease. why.
Why are banks able to maintain reserves that are only a fraction of the demand and savings deposits of their customers? Is your money safe in a bank? Why or why not?
Suppose you tested svereral Firestone tires also recorded their failure times. Decided taht failures are normally distributed.
Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents. distinguishing between the short run and the long run.
Let P and S denote the (constant) costs of permits and the scrubber, and let the discount rate be r and the growth rate of the demand for permits be 0
Explain how if at all would your answer change if you know that ABC's technology had decreasing returns to scale. Explain.
Compute nominal GDP in 1980, 1990, and 2000. Do you observe a trend in the data? Compute the growth rate of nominal GDP from 1980-1990 and 1990-2000. Using 1980 as the base year, compute real GDP in 1980, 1990, and 2000. Compute the growth rate of r..
In 1951, Coke used to cost $0.37 for a pack of 6, an average house was worth about $16000, and a car was $1400 to 2200. All these goods are much more expensive now
There are 10 identical firms that have the common cost function c(y) = y 2 + 9. The industry demand function is given by X (P) = 200/
Most customer oppose these laws because they find Sunday afternoon a good time to shop, however retail trade associations support these laws.
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