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Define what is the amount that consumers plan to buy during a particular time or period, at a particular price?
Supposed that the government responds to complaints about adecrease in real wages as a result of immigration by legislating aminimum real wage that is equal to the real wage in thepre-immigration equilibrium.
Mitchell Electronics produces a home video game that has become very popular with children. If the threat is not credible, what changes in the game would be necessary to make the threat credible.
Explain whether monetary and in-kind payments are sources of motivation. If they are not, defend your answer.
How much can Wells Fargo lend to developer who will repay the loan by selling first 6 view lots out of 13 lots at $190,000 each 2 year from now? Assume the bank will lend at a nominal 14% per year, compounded semiannually.
what level of output should be produced in each market and what price will prevail in each market? What are total profits in this situation? How would your answer change it it only cost demanders $5 to mail books between the two markets? What would..
1) According to the shut-down rule, a firm should shut down in the short run whenever- at the output level where MR=MC-___
Draw a graph with y on the horizontal axis and Delta L on the vertical axis, showing the relationshipbetween income per capita and population growth in Twilightia. Derive the relationship between population (L) and income per capita (y). (Hint: reme..
The quantity theory states that the impact of money on nominal GDP can be determined without details about the aggregate demand curve, so long as the velocity of money is predictable.
Which of the following will most likely be an unanticipated economic change and higher oil prices resulting from a revolution in an oil-exporting country such as Libya
Shockers Corp. acquires an asset for $200,000 which they estimate 3 years as the service life. For any taxable income, Shockers Corp uses a tax rate of 50%.
An economy is in long-run macroeconomic equilibrium when each of the following aggregate demand shocks occurs. What kind of gap-inflationary or recessionary-will theeconomy face after the shock
Pick a sector that you know well and identify and discuss the key macro risks for the coming five to ten years.
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