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Assuming the most typical shapes of the demand and supply curves, which of the following could lead to an increase in the current equilibrium price for personal computers?
a. a decrease is the price of computer chips
b. a decrease in buyers' incomes, assuming that computers are a normal good
c. a technological improvement that reduces manufacturing costs
d. expectations of a higher future price
e. an increase in the price of computer software
Discuss how deficit spending relates to the economic collapse of the Greece and Spain economies. Relate their economic collapse to U.S. current economic problems.
Assume in this country they save 20% of their income, population grows at 3% every year also depreciation of capital occurs at 10% every year.
Evaluating new vehicle technologies to reduce costs is important for companies like UPS also other companies involved in parcel delivery services.
Studies Explain how among which of the delivery curve bananas have shifted. All of the subsequent could be possible explanations for the shift except one. Which is the exemption.
some games of strategy are cooperative. One example is deciding which side of the road to drive on. It doesn't matter which side it is, as long as everyone chooses the same side. Otherwise, everyone may get hurt. Is there a Nash equilibrium in this g..
If Brad works in the labor market, he can earn a wage of $500 per hour, while Angelina can earn $600 per hour. Considering comparative advantage, which of the two should specialize in the labor market? Explain.
What could be done to motivate people to spend more so as to increase aggregate demand and invariably, create employment possibilities.
When, if ever, is it acceptable for one state or groups of states to interfere in the domestic affairs of another state
The licorice industry is competitive. The current market price of a string of licorice is $0.40. At this price, a firm decides to produce 2 million strings of licorice this month.
chance that she will lose her cash or have it stolen. Under these conditions, how often does Tracy go to the ATM, and how much cash does she take out each time?
Explain the concept behind the governments TARP program and the ensuing stimulus packages that were implemented.
Construct a response to the Federal Reserve actions aimed at lowering long-term interest rates
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