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1. Define the factor(s) that estimate the slope of the LM curve and whether an increase in theses factor(s) will make the curve flatter or steeper.
2. In words what does the IS curve represent?
3. What factor(s) causes the LM curve to shift?
4. In words what does the LM curve represent?
5. Is the interest rate we use in the IS-LM model real or nominal? How does your answer pertain to the shape of the aggregate supply curve?
Find out the total revenue (TR) and total profits in terms of Q. At what level of output (Q) are total profits maximized? What price will be charged? What are total profits at this output level?
What are some of the ethical dilemmas encountered by traders in their pursuit of profits for both their company and themselves?
A typical university football event need alumni to join one of many booster club before the person can buy season tickets.
Examine the basis for the trends in consumption patterns, as discussed in any article and explain what has occurred to change the demand for, or the supply of, the products, and market prices of those products.
What is the relationship between productivity and the cost of production, and how does the cost of production vary over the short- and long-run?
Suppose the government cuts its purchases through $120 billion. As a result, budget deficit is decreased by $40 billion, private domestic saving reduced by $10 billion,
Distinguish between explicit & implicit costs, giving example of each and what are the explicit & implicit costs of attending college?? Why does the economist classify normal profit as a cost?
The Arena Corporation, which sells engines, has a uniform value of $500, which is charges all its consumers. But, after its competitors begin to cut their rates in the California market to $400, Arena decrease its price to $400.
What is the profit-maximizing level of output of master cream (in bottles)? What is the profit-maximizing price? What is the maximum level of profit?
A change in real money supply can result either from a change in nominal money supply through Federal Reserve policy or from a change in the price level.
What key economic concepts underlie the employ of discount coupons by businesses?
This is a challenging question and involves algebraically solving system of two equations given by AD abd AS curves. The equations for the curves are given through the following:
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