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Why do you think that in todays commercial and capitalistic society the average consumer is living beyond their means and drowning in credit card debt?
Use the IS-LM model to determine the effects of each of the following on the general equilibrium values of the real wage ,employment ,output ,real interest rate,consumption ,investment and price level. An influx of working age immigrants increases la..
who are well-known to be boring, stuffy types; what could be a better way to reinforce one's credentials as a radical, innovative thinker than to skewer their most beloved doctrine.
Which of the following is not an accurate description of what can cause inflation?
If the demand curve is QD = 100 - 10P and there is a $1 price increase, then the elasticity of demand at P = 2 is
A monopolist is providing a transportation service to people with demand curve of Q=40-4P. The marginal revenue is Q=20-2P. What is the monopoly price? What is its revenue? What is consumer surplus?
the short-run equilibrium values; and vi. the long-run equilibrium values. State in words what happens to prices and output in the short run and the long run.
Suppose an airline flying on the Charlotte - Chicago route has estimated the demand curves for three different types of customers: business (no advance purchase), leisure (7 day advance puchase), and discount (14 day advance purchase) travellers. Wha..
A woman made 10 annual end-of-year purchases of $1000 worth of common stock. The stock paid no dividends. Then for 4 years she held the stock. At the end of the 4 years she sold all the stock for $28,000. What interest rate did she obtain on her inve..
What is business cycle and why is it critical in evaluating the health of the economy? What factors determine the stage of the economy in business cycle?
Show why a monopoly may operate in the upward or downward sloping section of its long term average cost curve but a competitive firm operates only in the upward sloping section.
Write a two-page essay analyzing the type of market of a healthcare service that you are familiarized with. Include within your analysis the characteristics of the identified market and at least two (2) examples of services in this market.
q.the federal government occasionally goes through the process of reauthorizing and modifying the state childrens
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