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Which of the following is NOT a reason why the demand curve for apples will shift out and to the right? The price of bananas, a substitute good, rises. The price of cereal, a complementary good, falls. Consumer income rises and apples are a normal good. Consumer income falls and apples are an inferior good. The price of apples declines.
An engineering company in Virginia that owns 250 acres of valuable land has decided to lease the mineral rights to a mining company. The primary objective is to obtain long term income to finance ongoing projects 5 and 15 years from the present time...
In December 2015 the FOMC decided to raise the target range for the federal funds rate. Suppose that an increase in the federal funds rate has the effect of decreasing aggregate demand. show the potential effects of a decline in aggregate demand in a..
Given the work life cycle of the "traditional" woman, it may be rational for women to invest in less human capital than men. older workers are less mobile geographically than younger worker. an economic recession tends to stimulate.
How do you think each of the following affected the world price of oil? a) A major war began in the oil-rich Middle East. b) The Alaskin oil pipeline was completed. c) The ceiling on the price of oil was removed. d) Oil was discovered in the North Se..
The yield curve is the graph that shows relationship between interest rates on bonds and default risk on bonds with different rating. True/false explain
Consider how the labor leisure tradeoff diagram changes when Medicaid is offered to individuals whose income is below a defined threshold, I. Note that Medicaid is an in-kind transfer equal to pM, where p is the price of medical care and M is the qua..
Social entrepreneurs generally attempt to create win-win situations and make the world a better place. Is making the world a better place ethically incompatible with making a profit? Why, or why not? Can you identify a firm with a high degree of focu..
Project LMN has an initial cost of $10,000 and annual cash inflows of $2,825, $3,192, $3,607, and $4,076 in years 1–4. What is the NPV assuming a 12% discount rate? When the project was completed, none of the cash flows were reinvested. Sum up the ca..
German Brothels German brothels recently began offering a monthly subscription service for multiple purchasers. If you thought that the brothels’ encouragement of prostitution was immoral to begin with, would you consider this pricing plan to be even..
You know that when expanding and investing in projects overseas as Acme plans to, it is essential to understand such things as return on equity (ROE)and internal rate of return (IRR). Using Internet sources (you may want to start with the Web sites l..
Households and firms makes decisions about how much to consume and invest based on expectations about the future. How does government tax policy affect the decisions of households and firms from a general perspective? From your personal perspective? ..
An 83-year-old woman is placed at a small table in a dark corner of a trendy nightclub also is ignored by the staff.
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