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Question: The AD-AS model can be used to illustrate that by choosing the right combination of measures(policies), it is possible for the South African economy to grow without it experiencing inflationary pressures. discuss 5 measures that policy makers can implement to expand the South African economy without increasing the inflationary pressure in the country, each measure to be illustrated using the AD-AS model.
An oligopoly contains N identical firms. The cost function is convex in output. Show that if the firms act as Cournot competitors then as N increases the market price will approach the competitive price.
Suppose a single firm produces all of the output in a contestable market. The market inverse demand function is P = 350 -5Q, and the firm’s cost function is C(Q) = 8Q. Determine the firm’s equilibrium price and corresponding profits.
Using the file FARM.csv. Construct the variable Q = (PBARL*QL + PBARC*QC + PBARO*QO)/10 where PBARL, PBARC and PBARO are the arithmetic averages of PL, PC and PO respectively.
Why is investment planning important? How would you suggest your friend start retirement planning? What steps should he/she take to start?
Discuss the role of the interest rate and the cost of financing on your purchase decision. Interest rates are derived from the supply and demand for money and the actions of the Federal Reserve System.
Recent increases in rents have caused the citizens of Elmville to vote for a rent ceiling of $1200. Assuming all rental units in Elmville are identical and the supply and demand for rental units are given by Qs = -1000 + 20P Qd = 50000 - 10P
Describe the key characteristics of a whistleblower, and briefly summarize one (1) researched instance of whistleblowing in one (1) publicly traded company within the last 12 months.
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A construction firm can achieve a $15000 cost savings in Year 1 and increasing by 10% each year for the next 5 year by upgrading some equipment.
Suppose all iPod owners consider only two options for downloading music to their MP3 players: purchase songs from iTunes or copy songs from friends' CDs. With these two options, suppose the weekly inverse market demand for the Rolling Stones' song..
Imagine that you have inherited a fractional share in the mineral rights to a particular site in either East Texas. How can you analyze their current value
Suppose there is a permanent fall in private aggregate demand for a country's output (a downward shift of the entire aggregate demand schedule). What is the effect on output? What government policy response would you recommend?
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