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Like supermarkets, full-service department stores like Macy's are generally in decline. What factors might these types of stores have in common behind their declines? How would you determine which were important and which were not?
The cost of a seasonal pass to six flags great adventure is not much more than a weekly pass.
Explain what is the stance of other developed countries on this issue.
Below are events that might affect supply of money, the demand for money, or the interest rate. Explain how each event may affect these three economic variables.
Explain how many hours of work is the consumer working. What is her income.
Ceteris paribus, coffee Brand X and coffee Brand A are substitutes in consumption. The price of coffee Brand X falls. a. What happens to the demand for coffee Brand A b. What happens to the demand for coffee Brand X
Create a scatterplot with age on the horizontal axis and the log of price on the vertical axis. Do older wines tend to sell for more than younger wines? Does an older wine always sell for more than a younger wine?
Illustrate what will the new level of nonborrowed reserves. If interest rates do not change, what will be the new level of total reserves.
Determine which of the following explain the attitude of most economists towards the United State based automobile sector?
Decline in the marginal propensity to consume by -.3 (i.e. MPC = 0.5: people consume half of their income). What is the new value of aggregate income?
Analyse both the conventional and unconventional tools used by central banks and type of unemployment is responsible for this reduction in the unemployment rate? Explain your answer.
Consider Bob, he washes his car by hand rather than taking it to the local car wash. When asked why he washes it by hand, Bob explains "you should never pay for something you can do yourself.
Elucidate impact will an unanticipated increase in the money supply have on the real interest rate, real output, and employment in the short run.
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