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Describe the mechanism that leads from a change in fiscal policy to changes in interest rates, the exchange rate, and the current account balance. Do the same for monetary policy.
Crepe Creations is considering franchising its unique brand of crepes to stall-holders on Hermoza Beach, which is five miles long. CC estimates that on an average day there are 1,000 sunbathers evenly spread along the beach and that each sunbather wi..
Develop a preliminary set of arguments you will present and anticipate the counter-arguments you can expect to encounter; make a list
Consider the market for carbonated water and suppose that demand is given by D(p) = 100 – 5p There are only two firms producing carbonated water, each with the same constant unit cost c = 2. What are the equilibrium prices and quantities if the firms..
In regards to ethics, "Right is right and wrong is wrong...Right?" Think about this statement/question in terms of individual ethics, societal ethics and business ethics. Does your standard of what is right and wrong change with circumstance?
If the rate of money growth and the growth rate of the real GDP were the same in both countries, the explain how would the rate of inflation differ among them.
A college raises its annual tuition from $28,000 to $30,000 and its student enrolment falls from 4,877 to 4,715. Compute the price elasticity of demand. Is demand elastic or inelastic? Explain and show your work.
Now suppose one big firm comes and buys out all of the firms in the cartel. This monopoly somehow miraculously is able to perfectly price discriminate. How much will this firm produce? What will be the deadweight loss created by this monopoly?
q.why cant all the balance of payments accounts be in surplus? what factors determine the demand for british pounds in
Illustrate what effect does the current supply and currently demand have on this product.
How much should it raise government spending, if the government looks to raise income to 3000.
Two firms, A and B, each with a marginal cost of $50, form an oligopoly whose market demand is P = 650 ? 10Q. If the market is defined by Cournot competition, what quantity will they produce and what price will they charge?
Compute the upper also lower limits within which marginal cost may vary without affecting the profit maximizing output or the price.
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