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4. "I'd rather have a 1% pay cut when prices fall by 3% than a 5% pay increase when the rate of inflation is 8%." This is an example of:
A. Irrationality
B. Rising real wage
C. Deflation always being better than inflation
D. Excessive aggregate demand
Show the impact on the equilibrium price and quantity that results from; (1) an increase in demand and (2) an increase in supply.
Briefly describe the economic problem you have selected. Assess the impact the problem poses to society. Design an economic policy solution to the problem.
Suppose you have three indivisible assets, A, B and C with internal rates of return 2%, 5% and 10% respectively and initial costs of $1, $4, $5. Suppose you have $6.5 at 1% and can borrow at 8%. What is the incremental cost of funds on asset B?
First-degree price discrimination- occurs when a firm charges each consumer the maximum price he or she would be willing to pay for each unit of the good purchased. results in the firm extracting all surpluses from consumers.
what is the concentration ratio for the industry x and y. (number of firm) ----(industry x) ------ (industry y) (1) -----------------------8,750-------- --------1,750 (2) -----------------------7,500---------------- 1,725
What are the marginal costs and benefits of pursuing additional education and the inherent risks associated with this decision?
What happened to the Leontief paradox and human capital embodied in US exports was accounted for as a separate factor of production? Does this help to describe why college graduates my favourite international trade more than those would significantly..
One of the partners favors moving downtown because she believes the additional business gained by moving downtown will exceed the higher rent at th downtown loaction plus the cost of making the move. THe other parnter at the PBS opposes the moves.
if the policy interest rate is near zero what less conventional monetary policy tools might a central bank ue to
Normal 0 false false false EN-US X-NONE X-NONE Find the probability that t..
what comparative and absolute advantages does the us have over madagascar and syria. what comparative and absolute
Describe a situation of incentive misalignment that you have personally observed (ideally in your personal work environment, but could also be in a relationship, in the consumer marketplace, in public policy, etc.) and generally describe a way to ..
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