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Explain how market structure affects market performance and conduct. Identify three types of government regulation that help to improve market performance and conduct and explain how each regulation achieves its objectives and the economic justification for the regulations.
Discuss the evolution and responsibilities of the Federal Reserve System. What circumstances promulgated both the development and composition of the system?
In the model of a dominant company, assume that the fringe supply curve is given through Q = -1 + 0.2P, where P is market price and Q is output. Demand is given by Q = 11 - P.
The high employment deficit is estimated at $100 billion. Suppose that the ecomony is operating below full employment and that it will not overheat during year,
Explain how would you estimate additional dollar cost of adding sales people? How is the expected net revenue generated by adding.
In the year following the base year, the survey takers determine that pizzas have risen to $11 each, apartment rent is $700, gasoline and maintenance have risen to $120, and phone service has dropped in price to $40. a) Find the CPI in the subsequ..
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Suppose your cousin Vinnie owns a painting company with fixed costs of $200 and the following schedule for variable costs;
Illustrate what is the correlation between all of these, and the level of unemployment and spending therefore GDP.
The public's preference is to hold their money as half cash, half demand deposit. Reserve requirement is 25%. Determine monetary multiplier.
Compute the changes in inflation rates, unemployment rates and the RGDP growth rates.
Plot the wage- setting and price setting equation or a property labelled graph and identity the nature rate of unemployment.
According to a study, the price elasticity of shoes in the United States is 0.7 and the income elasticity is 0.9a. Would you suggest that the Brown Shoe Company cut its prices to increase its revenue b. What would be expected to happen to the total q..
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