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Suppose that a price ceiling of $12 was imposed. How would this change the consumer and producer surplus? Suppose a price floor of $16 was imposed. How would this change the consumer and producer surplus?
Illustrate what were Enron's problems from an organizational architecture point of view.
What amount of equity method income would Russell recognize in 2013 from its ownership interest in Thacker.
Explain how much does the total amount of deposits in the banking system increase? By how much does the money supply increase.
Elucidate is it good for the economy to have more competitive markets.
Sketch the extensive form of the game, carefully labelling the players that move and the actions they have available
Use the calculator to answer the question below. With a new government tax of $20 per carton, illusrtae what is the equilibrium quantity of cigarette cartons.
Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,000,000 bottles.
This might be interpreted as an upward shift in the consumption function. Elucidate how does this shift affect investment and the interest rate.
Suppose that the U.S. noninstituional adult population is 230 million and the labor force participation rate is 67 percent. Illustrate what would be the size of the U.S. labor force.
If farmers were to decry the effect of this new technology on the price of milk and lobby government to set the price of milk at the price before the invention, elucidate the result.
Suppose that people expect the Fed to hit its inflation target. A: Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
Complete the International Trade Simulation. Elucidate how absolute also comparative advantage was used in your simulation.
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