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Identify two factors that would cause the demand curve to shift to the left.
Discuss two factors that would cause the demand curve to shift to the right.
Identify two factors that would cause the supply curve to shift to the left.
Discuss two factors that would cause the supply curve to shift to the right.
Suppose that macroeconomics forecasters predict that economy will be expanding in near future. How might managers use this information.
If two variable Xt and Yt are cointegrated, then the OLS estimator of the cointegrating coefficient is consistent. However, the OLS estimator has a nonnomal distribution, to have right inferences we have to use ……
Long-run real interest rates are expected to increase. An accountant and an MBA student (who just finished his course of Managerial Economics) where interviewed regarding the effect on the firm they both work at. Keeping all else constant, their answ..
Medfin Accounting Company (MAC) specializes in providing accounting and tax services for medical establishment and professionals. Presently, the company's production method is highly labor-intensive because many of the book keeping tasks are done man..
How large is economy of India? Indian GDP in 2010 was 78.9 trillion rupees,while U.S GDP was $14.5 trillion. The exchange rate in 2010 was 45.7 rupees per dollar. What is the ratio of Indian GDP to U.S. GDP if we do not take into account the differe..
You are an aide for the Senate Banking Committee Chairman. He comes to you with a bill that proposes setting limits on what ATM owners can charge non account holders, over and above what banks charge their own customers. The Senator asks you to look ..
The natural rate of unemployment is also the steady-state unemployment rate, the unemployment rate toward which the economy moves. Once the economy reaches this steady state, the unemployment rate tends to remain the same. What is the current unemp..
A total of 10 players are each choosing a number from (0,1,2,3,4,5,6,7,8). If a player's number equals exactly half of the average of the numbers submitted by the other nine players, then she is paid 100 dollars; otherwise, she is paid 0. Solve for t..
Illustrate how increase in human capital affects production function. Blue line (circle symbols) in graph below shows production function.
Excluding weather identify and explain two other factors that you think influence demand for gas - Explain price elasticity of demand. Explain three factors that affect price elasticity of demand.
Suppose that a firm's only variable input is labor. The firm increases the number of employees from four to five, thereby causing weekly output to rise by two units and total costs to increase from $3,000 per week to $3,300 per week.
Advocates of stabilization policy prefer quick medicine for economic ills. This leads some observers to favor fiscal policy while others endorse monetary policy. Describe the positions of each side in the debate and what seems to be the current conse..
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