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Why does an increase in investment spending lead to an increase in consumption spending?
In a Cournot duopoly with homogenous firm and down sloping market demand, In a Bertrand duopoly with homogenous firm and down sloping market demand,
What is more important to a manager Marginal Revenue or Marginal Profit? Provide examples. What Shutdown Rule means for a business entity? Should managers opt for a shutdown decision if the company is selling below its Fixed Costs? Explain your st..
The American Baker’s Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. Most of the increase was attributed to a report that diets rich in bran help prevent..
Which of the following statements goes against Porter's 5 forces model?
Explain the liberal perspective on markets and the state with specific reference to the Keynes/Hayek debate. Why are the differences between them vital for understanding contemporary international political economy?
Suppose a (very small) country has a central bank who has issued 100m of money, where nominal output is 350m annually. How frequently is the average piece of money used? 2. Give two realistic occurrences that might drive changes in the velocity of mo..
Suppose that an impending environmental regulation to control that hazard is expected to reduce risk of premature death from 6/100,000 to 2/100,000 per year in that exposed population of 4 million people. Your boss asks you to tell her what is the ma..
Describe the Lucas critique. Why might the level of government debt affect the government's incentives regarding money creation?
What are some of the biggest challenges facing minority groups in law enforcement today? Identify some minority groups working in law enforcement and explain what challenges they face working in the field today. Do you feel that these challenges can ..
Suppose two firms engage in Cournot (quantity) com- petition in a market described by the following demand curve: Q(p) = 40 − 2p. (1) Assume that the firms each have marginal costs equal to zero. Let q1 and q2 be the quantities produced by each firm ..
The demographic transition (transformation) is a theory which explains population growth patterns. Describe each stage and evaluate whether this is a good model to be used for all countries in the world.
Demonstrate that inflation is always a monetary phenomenon in the long-run, and explain why it might not always be a monetary phenomenon in the short-run.
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