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Assume the economy is currently at potential real GDP. Which of the following would put the economy in a deflationary gap?
A) Optimistic business forecast
B) Permanent deregulation
C) Lower personal taxes
D) A fall in consumer confidence
Problem-solving question: Use the following data on a firm’s total cost schedules to compute its average variable cost, average total cost, average fixed cost and marginal cost schedules.
The CFO of a German corporation with surplus
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What does the analysis of the 'hold up' problem contribute to the explanation of the size and scope of firms?
The so-called too-big-to-fail policy has two conflicting sides: on one hand there's the moral hazard problem that it creates, but in the other hand the Fed must:
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In the final round of a TV game show, contestants have a chance to increase their current winnings of 1 million dollars to 10 million dollars. If they are wrong, their prize is decreased to $100,000. To win, they have to guess the exact percentage th..
consider a homogeneous product industry with inverse market demand given by p 1100 - 2qnbsp there is currently one
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Consider three consumer goods: 100 of Good A, 100 of Good B, and 100 of Good C. In the base year, Good A sold at a price of $1, Good B sold at a price of $1, and Good C sold at a price of $1. In the current year, Good A sold at a price of $3, Go..
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