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List the four assumptions of indifference curves. If a consumer goes the grocery store to buy 5 pound potato and find 10 pound potato bag $1.99 and 5 pound potato bag is also for $1.99. Keeping in mind the assumptions of indifference curves, which quantity of potato the consumer would buy?
In this course you will be required to research the stock market and become familiar with stock market performance indicators. You will also take part in a simulation to see just how good of an investor you can be.
The necessary change in taxes and government spending and the effect on aggregate demand, GDP, and employment.
Suppose you learn that Howard Industries is expected to raise the price of its pool cleaner (PH) by 3 percent next period.
In this way, resulting legislation would reflect the interests of the many rather than those of a particular faction. In practice, what are the dangers and inefficiencies when party unity and partisanship cause Congress to become deadlocked and un..
If an alternative has monthly payments of $10,000 a month for three years with a purchase price of $75,000 at the end of year three, what would the cash flow diagram look like?
Short term Treasury bills [3 and 6 month] have current annual rates of interest around 0.5%. Use that info plus your best forecast of inflation to calculate the real rate of interest on those bills.
Many of the new residents have expressed concern at the amount of pollution (primarily particulate matter in the air and waste water in the town's river) emitted by Branding iron. Three proposals have been made to remedy the problem.
Public Affairs 854 - Problem Set 2. Graph the IS and LM curves on a single graph. Show the vertical intercepts, the slopes, and the intersection. Solve for equilibrium income. Show your work
If the indurtry can pay only one of the six salary levels shown, which should it choose? How many workers will it employ?
when bill clinton took office in january 1993 he faced two major economic problems a large federal budget deficit and
You should be able to explain the "crowding out" effect and how this effect might be the result of some specific stimulus to the economy such as a rapid increase in federal government expenditures (assuming the economy is at full employment).
The demand function for Newton's Donuts has been estimated as follows:
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