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Consider the (world) market supply curve for oil. Saudi oil production inhabits the _____ part of the curve, and Canadian oil production inhabits the _____ part of the curve.
Suppose that long term interest rates in the economy were increasing due to strong economic growth and demand for loans in the world economy. Meanwhile suppose that the Fed was holding down its federal funds rate target. What would probably be happen..
Assume that the job separation rate s is 0.01 (1%) per month and that the job finding rate f is 0.2 (20%) per month. Assume that the labor force today (period t = 0) is 100 million. What is the steady state unemployment rate for this economy? In the ..
Substantially dependent on minimally dependent on totally dependent on independent of
q.the availability of investment capital is critical for a market economy to grow. explain how this investment capital
Assuming the same risk structure and term to the maturity of the investments, if the yield on a Treasury Inflation Protected Security (TIPS) is 0.28 percent, and the yield on a regular Treasury Bond is 2.73 percent, then: Write down and explain parts..
Consider a good whose consumption takes place publicly. On what factors would your decision to buy that good depend.
Calculate the Mean from the following Frequency Distribution:
Why is their a growing disparity between the rich and poor in the US? What are some of the reasons for this and what should the government do to bring about growing equality with income? Do we as citizens have an ethical responsibility to help the po..
Sales and profits for a new product are uncertain. The predicted sales may be as high as 10,000 units per year with a probability of 10%. The most likely value is 7,000 units per year. The pessimistic value is estimated to 5,000 units per year with a..
q.suppose you currently consume 10 cups of coffee every week on a cost of 4 each at the local four bucks. one day you
David gets $3 per month as an allowance to spend any way he pleases. Since he likes only peanut butter and jelly sandwiches, he spends the entire amount on peanut butter (at $0:05 per ounce) and jelly (at $0:1 per ounce). Bread is provided free of..
Monopolists benefit from barriers to entry because it affords them the opportunity to set prices above marginal costs and thereby continually enjoy economic profits. Barriers to entry include economies of scale, ownership of a key resource and inelas..
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