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Alinsky, Rules for Radicals, pp. Oct. Models of Power CASE: What a Star-What a Jerk (Classpak #1). Case questions: - What, if anything, is Andys problem? - What, if anything, should Jane do about Andy?
For a product, at a price of $3, quantity demanded is 60 units and at a price of $5 quantity demanded is 40 units. Using midpoint formula, calculate value of price elasticity of demand.
Suppose the market price of tuna is $3.50/pound. Explain how many fisherman should the company use if the daily wage rate is $100.
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are$100. Investment is $600. Find equilibrium GDP
Elucidate what is the socially efficient quantity of the public goods. How much will each worker have to pay per unit to provide the socially efficient quantity.
Inflation during the 1970s was much higher than most people had expected when the decade began. How did this affect home-owners who obtained fixed-rate mortgages during the 1960's? How did it affect the banks that lent the money?
Use this equation to explain the level of income at which there is a zero lower bound on the federal funds rate
The graph below shows the demand and supply curves of the market for gasoline as well as the wedge that the tax creates. Explain how much is the total tax revenue.
Compute Opulenzas current account. Is CA a deficit or a surplus. Explain intuition for C4 deficit/ surplus in terms of savings in Opulenza, financial flows and its domestic/external wealth position.
Elucidate how advertising can be employed to allow Tots-R-Us to keep cost above average cost with encouraging entry.
Assume that household consumption decision suddenly become less sensitive to change in the rate of interest.
Wages are specified as dollars per hour of work and L represents number of workers per day. Determine total demand for plumbers in New York.
Trades are seasonal, with higher trades during the spring also summer quarters also lower trades during fall also winter quarters. Which inconsistents of the model are statistically significant.
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