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What does the branch of microeconomics deal with in simple terms. Please be specific
In 2015, the U.S. federal government increased government spending (G) by $56 billion. This question has you both illustrate and explain the short- and long-run effects of these fiscal adjustments. Using the short-run model, show the impact of increa..
Which of the following is true of Ferdinand VII after his restoration to the Spanish throne in 1814? A He restricted freedoms and abolished the constitution of 1812 B He attempted to restore the Spanish empire in America, constitutional monarch was h..
Give an example of behavior that cannot be explained with standard economic models, and which is therefore of interest to behavioral economists. Be sure to identify (i) which standard economic assumption is violated and (ii) how do behavioral economi..
Oceana is small country. Using the open-economy macro model, trace the effects of the following actions on savings and investment in Oceania and Oceania’s trade balance. Make sure you explain the transmission mechanism of these effects with graphs.
A firm faces a demand where q=20-P. q is quantity demanded, P is price. Its total cost function is TC = 2q^2 + 2q + 20 . How many should it produce to maximize profit? What is the price it charges to its consumers?
A machine that produces a certain piece must be turned off by the operator after each piece is completed. The machine "coasts" for 15 seconds after it is turned off, thus preventing the operator from removing the piece quickly before producing the ne..
One factor that was responsible for roughly one-fifth of the hybrid vehicles purchased in 2007 was a federal subsidy of up to $3,400 per hybrid vehicle increase in sales due to this subsidy is an example of which of the elements of the economic way o..
Why was it more common for railroads and timber companies to provide health insurance in the early 1900s then for textile mills or accounting firms?
If the quantity of output demanded at every price level increases by $1 trillion, Illustrate what happens to equilibrium output also prices.
The Latin term a priori describes the origin of knowledge developed rationally, and the term a posteriori describes knowledge developed through observation and experience. What is an example of ethics is best described as discovered in an a priori ma..
Using the above table determine the amount added to GDP by calculating the amount added to each of GDP’s categories (Consumption, Investment, Government Expenditures, and Net Exports).
The regulators at the FDIC decide to change the captial requirement in order to help prevent another bank crisis. They increase their required capital-to-asset ratio. In the space below explain how a bank can accomplish this -- how they could bring t..
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