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The reports iniccates that the current price of decontaminated blood is 80 per pint. However, if the new screening methods are adopted the demand and supply for decontaminated blood will change to Qd=175-P and Qs=2P-200. What price do you expect to prevail if the new screening methods are adopted? Explain how many units of blood wil be used in the US? What is the level of consumer and prduce surplus? Illustrate your finding in a graph
Which one of the subsequent was not a contributing cause of the decline in investment also thus the recessionary expenditure
If thousands of consumers begin buying MP3 players, illustrate what will take place to provide as a result.
The municipal swimming pool charges lower entrance fees to local residents than to non-residents. Conclude that non-residents must have for swimming at the pool than residents.
Assume that equilibrium real GDP is 800 billion, potential gdp is 900 billion, the mpc is .80, and the mpi is .40 . What is the size of the GDP gap.
Converse the positive also negative contributions of FDI inflow to the competitive benefit of host countries with regard to the subsequent matters
What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitute's one product for another. Use examples to illustrate.
Illustrate what the reason which individuals households at some time in their lives spend more than they earn and at other times save some of what they earn.
Illustrate what is the capital account balance. Illustrate what is the official settlements balance.
Illustrate what is the Business Cycle. Be able to describe all of its parts such as peak, trough, long-term trend, etc.
Explain how does this affect the supply of beef. Explain how does it affect the supply of beef worldwide.
During hard times what should be done to encourage people to spend more so as to rise aggregate demand and invariably, create employment possibilities.
Identify three types of competition that most firms encounter other than competition from other firms in their industry in their home country.
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