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Q. Since September 11th attack there has been an increase in demand for security personnel-police, air marshals, airport security, etc. Explain how do you think higher demand has affected equilibrium wage? In which direction do you think labour supply and demand shifted?
For several months before your vacation trip to germany,you fiind out that the exchange rate for the peso has increased relative to the euro. are you pleased or saddened explain.
What are the effects of an increase in aggregate demand in the aggregate demand and aggregate supply model consistent with the Phillips curve.
Converse briefly its relationship to microeconomics also other related fields of study such as finance, marketplace also statistics.
How many workers should the firm hire if the price of the output is $10? Suppose the price of the output falls to $7.50. Illustrate what do you think would be the short-run impact on the firmâ??s production.
Find internal rate of return to nearest whole percentage point. Oak Furnishings is considering a project that has an up-front cost.
Evaluate the price falls all of these firms will be unable to stay in business and the industry will disappear by using a graph.
Illustrate what is the Pig Farm worth. Elucidate what is the minimum one-time payment Farmer A would accept to agree to restrict his land for residential use forever.
Zelda Manufacturing has are unique product that sells for $15 per unit and marginal cost is $7.50. Conclude Lerner index for Zelda Manufacturing. Does this index indicate market power.
compute the marginal products associated with K, L, F. Illustrate what is American's MRTS between K and L.
If a country's growth is biased in favor of its import, this should unequivocally improve its terms of trade also its economic welfare. Use a graph to explain why
Some economists argue that only unanticipated increases in the money supply can affect real GDP.
Explain why do we consider a business-cycle expansion different from long-run economic growth. Why do we care about the size of the long run growth rate of real GDP versus the size of the growth rate of the population.
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