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Suppose that the residents of Koliner spend all of their income on banana, apple, and oranges. In 2008, they buy 100 bunches of banana for $200, 50 of apple for $75, and 500 oranges for $50. In 2009, they buy 75 bunches of banana for $225, 80 of apple for $120, and 500 oranges for $100. a. Calculate the price of each fruits in each year. b. Using 2008 as the base year, calculate the CPI for each year. c. What is the inflation rate in 2009?
define cognitive dissonance and provide an example. how might cognitive dissonance impact a future home purchase? car
Suppose a firm is producing 1,000 units of output. Its average fixed costs are $100. Its average variable costs are $50. What is the total cost of producing 1,000 units of output?
Suppose the production function is given by Q = 5K + 3L. What is the average product of capital when 10 units of capital and 10 units of labor are employed?
in the example of the falkland island incident why did the british spend enormous sums of money on such a small piece
Montana is home to a number of firms offering wilderness hunting experiences to wealthy city dwellers. However, the profits of such firms depend on how crowded the "wilderness" is and how many deer are available.
Assume you're the manager of Alpha Enterprises, a firm that holds the patent that makes it the exclusive manufacturer of bubble memory chips. Based on the estimates provided by the consultant
Describe the mechanisms used by investors in the share market to analyse and manage systematic and unsystematic risks.
each month a brokerage house studies various companies and rates each companys stock as being either low risk or
auto manufacturers must continue to improve the fuel efficiency of vehicles and at the same time reduce emissions.
create a flowchart by describing how money flows from the US Federal Reserve to the individual consumer and back to the government by illustrating the various ways money is distributed through financial institutions..
the rent market price for a 1-bedroom condominium in nyc is 3000. however the government does not allow these prices to
what is the difference between contractionary and expansionary fiscal policies? which is more appropriate today?
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