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A group of vitamin manufacturers formed a cartel that lasted through most of the 1990's. State the starting and ending dates of the cartel. Just show the dates. More importantly, explain the effect that the cartel appears to have had on vitamin prices.
Explain how, with trade, Nebraska can wind up with 40 million bushels of wheat and 120 bushels of corn while Iowa can wind up with 40 million bushels of corn and 120 million bushels of wheat.
The manager of a vacation resort has claimed that, on average, a guest spends at least $1600 at the resort during a one week stay, including meals and entertainment. A member of the accounting staff does not believe the amount is that high. what woul..
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time? (Include data)
You purchase a new house for $200,000 with a 5% down payment. You obtain a 30-year loan at 5% compounded monthly and will make monthly payments on the loan. Closing costs are $1,500. PMI is $150 per month for the first 5 years. Taxes are estimated to..
Producer surplus is the...
A large bank has increased its annual percentage rate (APR) on credit cards to 35%.?This move was necessary because of the "additional risks" faced by the bank in a weak economy. If monthly compounding is in effect, what is the effective annual inter..
q. the assignment is a report on the united states of americain past 6 years after the recession occurred in mid-2007.
Aggregate demand and aggregate demand curve. The three reasons that explain the downward slope nature of the AD curve. Please list some factors that shift the AD curve to the right or left. Please explain why the SRAS curve is upward sloped and LRAS ..
A year of unusually bad weather for agriculture would:
A nation will generally be able to consume less when it trades because of lost jobs to outsourcing. The consumption possibilities curve generally crosses the production possibilities curve. A nation that decides to specialize and trade is no longer l..
What is the profit maximizing price? a) 810 b) 750
Which of the following is not an example of a "lag" that diminishes the potential impact of fiscal policy?
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