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Explain how the NBC Learn clip concerning optimism and certainty affect aggregate demand and hence, consumer spending. Make sure you say how the aggregate demand curve would shift for both optimism and pessimism in the economy.
A negative externality is? Which of the following assertions about pollution is generally agreed with by economists? Pollution problems generally represent. Legal constraints will always reduce the size of the economic pie.
Elucidate the cost of producing an additional washing machine when 50 cars are being produced. when 150 cars are being produced.
Keeping in view the law of supply how the following factors will shift the supply curve? each answer must be supported by diagram?
If interest is compounded at 15% per year, how long (i.e., the number of year-long periods) will it take for $50,000 to accumulate to $66,125? Hint: you can check your work using the FV function in Excel with the annual payment set to zero, since we ..
Ptarmigan Investment Company (Ptarmigan), a partnership, entered into a contract with Gundersons, Inc. (Gundersons), a South Dakota corporation in the business of golf course construction. Gundersons sued Ptarmigan and its individual partners to reco..
The 2011 yield curve indicates that the interest on the national debt could be cut drastically by financing the debt with short-term, one- year bonds. the savings was huge since the short-term interest rate was at the lowest point it had been in over..
Consider the market for the British pound sterling (GBP). Note that although the United Kingdom (Great Britain) is an official member of the European Union, it has chosen not to adopt the euro as its official currency. An American pharmaceutical firm..
Over the past five years American consumers have decreased their frequency of taking vacations. It is believed that a few factors may have led to this decrease. The recession of 2009 effectively stalled income growth in the country while at the same ..
Regarding our nation’s debt situation and the impact of entitlements like Social Security and Medicare, consider our Saint Leo core values of responsible stewardship and community. What responsibility do we have as a society to help the elderly and d..
what hypothesis we can use to show whether the change in female literacy rate in both the models is significant or not.
The average consumer income is $20,000, and the price of the related good is $1.10. Compute the predicted quantity demanded of X at these prices and income.
Meagan deposits $750 from her piggy bank into her checking account at Regions National Bank. The reserve requirement is 10% and the bank has no excess reserves. What is the immediate effect on the M1 measure of the money supply of her deposit? Explai..
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