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Question - Assume a DVC and IAC currently have real per capita outputs of 2,000 and 20,000 If both have a 5 percent increase in their real per capita outputs by how much will the per capital output gap change $?
Governments worldwide are turning to "protectionism" to cope with economic problems, imposing tariffs and subsidies on foreign goods and restrictions/incentives on their own firms to keep jobs at home. What are the strategic implications of this t..
suppose david spends his income i on two goods x and y whose market prices are p x and p y respectively. his
If the federal government enacts a tax on a monopoly, how would expect the additional tax to affect the following Output produced by the monopoly or else.
Using the circular flow model (inner-tube), what would be the effect of an increase in exports, assuming that everything else remained unchanged?
a new type of third-party-reimbursement healthcare payment plan is emerging in the united states. cdhps strive to
Find the equilibrium price and quantity before and after the tax is implemented. Who pays the majority of the tax, suppliers or demanders? Explain why this makes economic sense.
What is the short run and long run effect of an increase in nominal interest rate on the inflation rate?
The market for DVD’s has a supply and demand curve P’= 2Qs and P=42-Qd a. How many units will be traded at a price of $35? At $14? Which participants will be dissatisfied at these prices?
Determine the optimal size of the shopping center (to the nearest 100 square meters) based on existing estimates of the demand for retail space.
The market for many goods changes in predictable ways ac- cording to the time of year, in response to events such as holidays, vacation times, seasonal changes in production, and so on. Using supply and demand, explain the change in price in each ..
Globalization Visit your local grocery store and make a list of at least 10 products that reflect globalization. Create a poster illustrating these products.
Analyze impact the theory of consumer choice has on Higher wages and The role asymmetric information has in many economic transactions.
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