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Suppose that the economy price level is 100, the quantity demanded of Real GDP in short-run is $4,000 billion and quantity supplied is $4,000 billion. find the output gap in percentage points?
Depreciation in the value of the Japanese currency in relation to the US dollar does not allow the Japanese firms to sell more in the USA marketplace.
Graph the Bens consumption function also find their households marginal propensity to consume.
Assume Doughnuts R Us chooses to produce 150 doughnuts. What is the number of doughnut shops in the market.
On the basis of this information, Explain how would you state alcohol also marijuana.
Elucidate how each of the following people would talk about scarcity and trade-offs. The President of the United States and the leader of a developing nation.
You sign a security agreement that describes the collateral. The bank does not file a financing statement. Has the banks security interest attached? If so, when?
Imagine a firm with the same cost structure but in each of the four market structures: Competitive, Monopolistically Competitive, Oligopoly, and a Monopoly. Using the concepts of consumer surplus and producer surplus, explain the long run outcome in ..
Calculating MPC, In one year, a consumer's income increase by $400 and her consumption increases by $120. Her marginal propensity to consume is equal to.
From a demand curve, consumer surplus is the area:
If monopoly involves a deadweight loss to society so that consumers pay a higher price for the product and have less than an optimal amount of it available, why does our government give patents to some firms for products so that they can keep a monop..
EverKleen Pool Services provides the weekly swimming pool maintenance in Atlanta. Dozens of firms provide this service and the service is very standardized (so the market can be assumed to be perfectly competitve for modeling purposes). At what outpu..
Economy produces 1000 tonnes of apples, 2000 tonnes of oranges, and 3000 tonnes of banana, and the market prices (in 2015 dollars) are $3 per tonne, $2 per tonne, and $1 per tonne, respectively. In 2016, the production is 2000 tonnes for all three go..
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