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Q. When hourly rate of burrito employees goes from $8 to $10, weekly quantity supplied of burritos decreases from 350 to 320. What is the factor-price elasticity of supply?
Q. given your answer in parts b-d elucidate how the changes in the monetary policy effectiveness lag and the interest-rate multiplier affects how much and how long monetary policymakiers must change interst rates in response to any given demand shock
Suppose you read in the newspaper that all last week the Fed conducted purchases in open market, and that on Tuesday of last week it lowered the discount rate.
A federal government agency that purchases certain types of home mortgages, buys U. S. Treasury bonds from another government agency, elucidate how would this affect the net public debt, other things being equal.
The unemployment rate in an economy is 6%. The total population of the economy is 290 million, and the size of the civilian labor force in 150 million. Illustrate the number of unemployed workers in this economy.
Identify three types of competition that most firms encounter other than competition from other firms in their industry in their home country.
Illustrate what is the profit maximizing price of carpets. Illustrate what is the profit maximizing price of carpets.
Assume which one company acquires all the suppliers in the industry and thereby creates a monopoly.
During the course of a week, McDonald's has enough time to hire or layoff workers, but it does not have enough time to expand its kitchen or add an additional seating area.
Graph the demand curve for X given the above information. Elucidate how will the demand curve change if M falls to 35,000.
Suppose that a small nation produces mushrooms for domestic consumption also possible export.
An agency is having problems with personal phone calls made during working hours.
Two consumers Jorge and Admen, together own 1,000 baseball cards and 5,000 Pokémon cards.
Describe why it is often asserted that exporters suffer when their home currencies appreciate in the real terms against foreign currencies and prosper when their home currencies depreciate in real terms.
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