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Q1. In 2008, the average American earned about $47,000 while the average Nigerian earned about $1,400. Which of the subsequent statements is likely?
Q2. State the economic situation right now in one paragraph.
Explicate 2 important indicators the Federal Reserve System will use to analyze this particular economic situation. State Illustrate what monetary policy the Federal Reserve might use to influence the money delivery to help stabilize the economy. Explicate the specific monetary policy which you identified in #3 in terms of the implications which it will have on the economy also the variables outlined in #2.
Research where you would find the U.S. international trade policies and their history as they apply to various industries.
If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved.
An increase in the number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
Explain how many units of pork will the government be forced to buy to keep the price at $2.25. How much will the government spend in total.
Solve for the equilibrium interest rate. Solve for equilibrium value of consumption and investment.
In the country of Sildavia, a market basket of goods and services cost $ 130 in 2003, $ 140 in 2004, and $160 in 2005. Based on this information and considering 2003 as the base year, inflation from 2003 to 2005.
Compute the deadweight loss if the U.S. imposes a tariff of 25 cents per bottle of imported wine.
A car manufacturer claims that its vehicles average at least 25 miles per gallon.
find an identical output for each firm that maximizes joint profits.
Calculate the equilibrium buyers' also sellers' price with no sales tax also then with the 20% tax Supposed above.
For every firm in group B , long-run ATC curve is U-shaped and intersects the long-run MC curve when ATC = 10 and output is 6.
what hypothesis we can use to show whether the change in female literacy rate in both the models is significant or not.
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