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housing( good X) and household appliances (good Y) are known to be complementary goods.suppose more home owners cant afford their mortgage and gave up their houses. In the context of the market quantity supplied and quantity demanded diagram, what will happen to both markets in term of Q's, P's and equilibrium?
What would an economists say that the burden of the FICA tax is shared equally. Who bears more of the tax burden Workers or employers.
Describe the idea of trade offs cost also benefit analysis when answering the above question.
Unemployment due to the length of time it takes to find employment upon entering the labor force or voluntarily between jobs is called
Illustrate the stated direction of recent monetary policy. What recent actions have the Federal Reserve taken to confirm that direction
Differentiate the structural change and managerial opposition hypothesis as they relate to the decline in unionism. Determine which view do you think is more convincing?
Assume you want to begin a business in an area in which a natural disaster has recently occurred. How would you decide which kind of business to start.
List four reasons why analyzing the economy is not as precise as the multiplier model makes it appear.
It is a study guide which will help students to further research the topic.
If you used a first-price sealed bid auction and the optimal strategy for the participants was to shade their bid by 20% and the participants used this strategy, who would win and what would the winning price be Which auction should you choose ..
Discuss how the aggregate expenditure function shifts in response to changes in each of time following variables:
Compute the own price elasticity of demand whenever the price goes from $5 to $4.
After a two-year testing period, Pat prepared the patent application to patent the device, and then found that just a month earlier one of Pat's testing customers had patented the device. Pat demanded that the customer give up the patent to Pat, ..
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