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Please explain how the burden of tax on consumer and producer is calculated?
Why is a depreciation of a country currency not necessarily a bad thing? Why is a country's appreciation of its currency not necessarily a good thing?
The financial analysis department at MorTex estimates that the price of a textile machine is $ 600 per day. Can management reduce the cost of assembling 5,400 units per day by purchasing a textile machine and using less labor? Why or why not?
Next assume that the price of a substitute resource increases, other things constant. What happens to demand for labor What are the new equilibrium wage rate and employment level What happens to economic rent
Bargaining outcomes in a market-related situation are in general indeterminate and not obvious to the parties in the negotiation. Develop a bargaining situation from which you would conclude that access to market-related information
Which of the following should NOT be considered when determining the analysis for a project?
suppose you divide your life into two periodsworking age and retirement age. when you work you earn labour income y
If every $1,000 increase in the real price of homes adds 5 cents to annual consumer spending (the “wealth effect”), by how much did consumption decline when home prices fell by $2 trillion in 2006–8?
Explain why is it that increased productivity leads people to take out more loans - which then leads to more growth.
Explain why the payoff matrix in Problem indicates that firms A and B face the prisoners' dilemma. Problem states: from the following payoff matrix, where the payoffs are the profits or lesses of the two firms, determine (a) whether firm A has a ..
What policy rule do monetarists believe the Fed should follow? What are the major assumptions underlying this policy prescription - Why would you expect the velocity of circulation of a monetary aggregate.
While Jon is walking to school one morning, a helicopter flying overhead drops a $100 bill. Not knowing how to return it, Jon keeps the money and deposits it in his bank.After this initial transaction, by how much is the money in the economy changed.
A firm, which is the only supplier of a good located in a particular town, is accused of engaging in anticompetitive tactics in order to protect its monopoly position in that town. As part of its defense, the firm has argued that the geographic an..
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