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In 1969, Don bought a Dodge Dart for $2,500. He drove this car until 2003 when he bought a Honda Civic for $18,000. If the price index in 1969 was 36.7 and the price index in 2006 was 180, what is the price of the Dodge Dart in 2006 dollars?
Calculate the percentage change in nominal GDP, real GDP also the GDP deflator in 2002 also 2003 from the preceding year.
Suppose that MC=4q, where MC is marginal cost. The perfectly competitive firm maximizes profits by producing 10 units of out output. At what price does it sell these units.
Differentiate the equilibria of model. Also the classification should be a function of the bliss point of the candidates.
How could ABC use currency futures to hedge its position and what is the risk of hedging with currency futures.
Explain how many cases of toothpaste should be produced in order to maximize profits. Illustrate what happens if its decided to raise prices unilaterally in this toothpaste market.
Use calculations to examine the alternatives available to Assiniboine Narrows. Then, based on your calculations, make a recommendation as to the preferred course of action.
Explicate which among the policies is most effective and least effective for this nation.
Draw and show the change in the PPF when an outbreak of avian flu sickens millions of agricultural and industrial workers.
Explain how does the bank's Find outing relate to economist's traditional focus on Illustrate what people do, rather than Illustrate what they say they will do.
A sporting goods store has estimated the demand curve for a popular brand of running shoes as a function of price. Compute demand elasticity using the midpoint formula.
To determine which of the output levels represents a macroeconomic equilibrium.
The income tax is unfair to those who work hard to earn their incomes is an example of positive economic analysis.
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