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1 Determine a new variable - inflation, defined as the annual percentage increase in consumer prices.
2 Give a graphical representation of the trend in inflation and unemployment in terms of unemployment for the period 1983 - 2011. Comment outcome.
Can you please tell the price?
Assume that I am selling cans of beer to people on a beach. Since I am concerned about my income, I decide to sell beer in the following way.
Finding the short run and long run profit maximizing price - quantity and number of firms in industry.
Calculate the inflation rates for the years ended June 2011 and June 2012. Explain how the inflation rate changed in 2012 and explain why might these CPI numbers be biased?
Illustrate what do you think would be the effect of Increases/decreases in the dollar's exchange value on the firm's profitability.
Use the following data for a pure monopoly to calculate the firm's-its profit-maximizing output level and produce price;
Elucidate the difference between GDP and GNP. What adjustments needs to be made to GDP to arrive at GNP.
Required to find out two products or businesses using cocoa in or for Cameroon and justify and report the marketplace
Elucidate what it means that the preference relation has a utility function representation,
Your local bank is reluctant to lend to you as you basically have a large mortgage loan on the property on which the hospital complex lies.
The following equations describe an economy, compute the simpler government spending multiplier in our open economy that applied under constant interest rate and equilibrium levels of output and interest rate
Consider the market for fresh produce in Snowland. Fresh produce is produced expensively in hothouses in Snowland.
Explain how would you rate Ben Bernanke's performance as Chairman of the Federal Reserve.
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