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Which of the following is NOT a characteristic of equal potential GDP and real GDP?
rising prices for goods and services
establishment of a new long-run equilibrium
more goods and services to buy
price levels increase in proportion to increased quantity of money
what is the marginal utility of X? If a consumer moves downward along an indifference curve, what happens to the marginal utilities of X and Y? What happens to the MRS?
Illustrate how much will they have accumulated principal plus interest when they reach 65 years old. What is the moral of this situation.
The market for soda has supply and demand curves given by, What is the equilibrium price and quantity for sodas? Returning to question 1, suppose the government put a tax on soda of $0.50 per can to be paid by consumers. Graph the before and after ta..
consider the following islm model for a closed economyc4000.4yd i2000.3y-2000i g360t400 mp4y-100000ims2600 10
Pretentious that yields for each stock are around generally distributed, with which investment strategy do you have the smallest chance of losing money?
Bob and Dexter share a dorm room. Bob is a chain smoker but Dexter does not smoke. There are no laws that forbid smoking in the dorm rooms.
q1. although the u.s. is one of the richest nations in the world it is also the worlds largest debtor nation. we often
You are the manager of a paper mill and have been subpoenaed to appear before a joint session of the Senate Consumer Affairs and the Senate Environmental subcommittees. What raised in the joint session of the subcommittees.
Explain your answer what would happen to the value of gold if public discovered that it could simply be made at home from inexpensive materials.
Suppose the U.S. and Mexico both produce 2 goods, tablets and cereal, using 2 inputs, capital (K) and labor (L). The production of tablets is capital-intensive, and that of cereal is labor-intensive. The U.S. is a capital-abundant country, and Mexico..
Evaluate the effect of each of these four changes on demand based on the estimates provided and what is the net effect of all the changes taken together
Aquilonia has decided to end its policy of not trading with the rest of the world. When it ends its trade restrictions, it discovers that it is importing incense, exporting steel, and neither importing nor exporting rugs.
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