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Explain why purchasing, power, parity (PPP) works better in the long run than in the short run. Your 200 word answer should focus on selecting and organizing your most relevant comments in a coherent fashion.
Gizmos, Inc. produces gizmos at an average total cost (ATC) of $20 and an average variable cost (AVC) of $15. The only fixed input used in the production of gizmos costs $20. What are the total costs (TC) and total variable costs (TVC) of Gizmo’s cur..
Explain the differences among spot transactions, forward transactions, and futures contracts
suppose that france and austrailia both produce fish and wine.frances oppurtunity cost of proucing a bottle of wine is
Using quarterly data, calculate the coefficient of variation of detrended personal disposable income, consumption, consumtion of durables, and consumption of nondurables plus services. Comment on the relative variability of these series.
The interest rate effect tells us that a reduction in the price level causes people to convert cash for interest bearing assets. This behaviour causes a increase in the interest rate, which subsequently causes an increase in real gross domestic produ..
pricing strategy varies significantly across different market structures. the pricing guidelines in a monopoly market
The impact of a decrease in the price of memory chips on the market for computers and impact of the government imposing a price ceiling on apartment rents
Explain and show graphically how this market would be affected if there is an increase in the number of dairy farmers that produce hormone-free milk and at the same time south african consumers choose to be more healthy
Describe each market structure discussed in the course (perfect competition, monopolistic competition, oligopoly, and monopoly) and discuss two of the market characteristics of each market structure. Identify one real-life example of a market struc..
Consider an economy that abides by the classical mode. The production function is unspecified, but we know that the Theory of Distribution (ToD)[W/P=MPN] holds. Suppose there is adrop in the level of capital.
At the equilibrium GDP for a private open economy:
find the current macroeconomic situation in u.s. e.g. is u.s. economy currently concerned about unemployment inflation
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