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Explain the events below using supply and demand.
At a restaurant that does not take reservations, people arriving at 7:30 normally have to wait for an hour, but some people arriving at that time give money to the hostess and are promptly seated. At another restaurant that takes reservations, there is a month wait for a Saturday night reservation, three weeks wait for a Friday night reservation, two weeks wait for a reservation Tuesday-Thursday nights, and virtually no wait for a Sunday or Monday night reservation.
Assume that velocity of money is 5, nominal GDP is $1,350,000 and cost level is 3. Estimate all possible unknowns in XYZ's economy, if its federal reserve buys $9,000.00 in government bonds.
Assume that private schools want to maximize profits and that the market for private schools is perfectly competitive.
Elucidate the factors that affected labor demand and labor supply in the chosen historical example.
If the mutual fund will average 9% annual return over the course of your career, explain how much can you expect at retirement.
q1. discuss the current state of the chilean economy by focusing on the recent past and macroeconomic characteristics
q.the manager of the aerospace division of general aeronautics has estimated the price it can charge for providing
Illustrate what is the effect of Westland's expansionary monetary policy on Eastland's nominal exchange rate in the short run also in the long run.
q.you are watching national news broadcast with your parents. the news anchor clarifies that the exchange rate for the
What must happen to induce foreign residents to buy the bonds? If foreign residents desire to purchase the bonds, what is the most important source of dollars to buy them?
What other economic factors are affected when taxes are raised or lowered, and how are they affected. Should the government increase tax rates on everyone as a way to equalize incomes and wealth.
What can you provide as advice to a manager concerning their choice on the quantity of labor and quantity of capital.
As a consequence of a 1976 court case that Ralph Nader won against an airline that had "bumped" him, the federal government adopted a rule requiring airlines to compensate people who were denied boarding despite holding a confirmed reservation.
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