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Explain two economic consequences for an individual and two economic consequences for an economy of an increase in its price level.
Who was the first administrator-statesman to attempt planning as a means for economic development?
Kelli likes to bake cookies and doesn't care whether she uses corn or safflower oil in her recipes. To her, they provide the same function and the same taste in her cakes and cookies. What do Kelli's indifference curves look like for corn oil and saf..
structural unemployment of 2 percent, seasonal unemployment of 0.5 percent and cyclical unemployment of 2 percent, illustrate what is natural rate of unemployment.
Conduct a light research on the role of emotion in negotiation process, and the effect it has on the outcome of the negotiation. Does emotion delay the negotiation process, or prevents parties from reaching an agreement? Why or why not? As a negotiat..
Which of the following payment terms should a professional athlete prefer in a “ten million dollar” five-year contract if the athlete wants to obtain the greatest present value of income?
If the reserve ratio set by the Federal Reserve is 20% then what is the deposit multiplier? Your answer is-----. If the initial total reserves were 200 what level of total deposits the banking system can create? (Assume it is the simple banking syste..
What are the possible recommendation for Australia to improve its economy /avoid recession?
q.suppose the cfo of an american corporation with surplus cash flow has 90 million to invest and the corporation does
The equation to determine total costs is:
Suppose there are two consumers, A and B. The utility functions of each consumer are given by: UA(X,Y) = X+2Y UB(X,Y) = X*Y The initial endowments are: A: X = 2; Y = 8 B: X = 2; Y = 8 a) Using an Edgeworth Box, graph the initial allocation and draw t..
Learning Objective: In terms of macroeconomics; Be comfortable with what shifts the supply and demand curve, and how shifts in either supply or demand or both supply and demand change equilibrium quantity and equilibrium price. What would happen to t..
What is the difference between Beveridge and the BIsmarck model?
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