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What is a government budget surplus and how does it affect the amount of savings that a government does? What happens if the surplus turns into a deficit?
What would an economist say is the difference between saving and investment?
In the market for loanable funds, what is being loaned? What is on the horizontal axis? The vertical axis?
Who supplies loanable funds? Who demands loanable funds? What (in very general terms) would cause the supply or demand curve to shift?
Anybody Coal Corporation expects tough economic situations for foreseeable future. Their current beta is 1.2, the risk free rate is 10 percent and the required rate of return on the market is 15 percent.
What is the relationship among Japan and Korea's unemployment. What Trends do you see in the data set.
Compute the coefficient of price-elasticity of supply for the seven prices ranges given above and complete the table.
Why is "Brand Name" important when a firm is operating under conditions of monopolistic competition Is there a cost associated with the variety provided by firms operating under conditions of monopolistic competition
What is the least cost (efficient) allocation of abatement between the two firms? What is the reduction in abatement cost relative to command and control regulation?
True/False: For each of the following concepts, decide whether it's true or false, and briefly explain why (2-3 sentences). You can also use diagrams if they are helpful. Each correct answer is worth.
Taxi fares in New York recently were increased by nearly 50%. Predict the effect on the price of taxicab medallions, the earnings of taxicab drivers and congestion in New York streets.
Compute the elasticity of demand for every parameter.
Ross, a Canadian resident, purchased a car worth $ 3,00,000 that was produced entirely in China. Does this transaction affect Canada’s GDP? Justify your answer.
The government of a large United State city recently established a living wage law that starting January 1 of next year, will require all businesses operating within city limits to pay their workers a wage no lower than $8.50 per hour.
q1. consider the following macro modelwhere y p and m are the logs of real output prices and the money supply
Explain why the U.S. government subsidizes the industry - Describe how the subsidy alters the market outcome (address issues like the production possibility curve, quantity supplied and demanded and price).
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