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Car A initially costs $500 more than Car B, but it consumes 0.04 gallon/mile versus 0.05 gallon/mile for B. Both vehicles last 8 years, and B's salvage value is $100 smaller than A's. Fuel costs $1.70 per gallon. Other things being equal, which option is more preferable at 2000 miles/year?
If a single bank faces a required reserve ratio of 20%, has total reserves of $500,000, and checkable deposit liabilities of $400,000, what is the MAXIMUM amount of money this bank could create (add to the money supply)?
Whenever the amount of output produced is not as great as the amount that the economy is capable of producing, there is a positive GDP ___________ and cyclical unemployment will be the result.
The HRB Corporation is the world’s only manufacturer of air filters for Zamboni engines. Last year, HRB charged $20 per filter and sold 1 million of them, and it paid all of its production workers $10 per hour. What is the elasticity of demand for Za..
How businesses are affected by unemployment? What is full employment? What is inflation? If the economy is experiencing inflation, how will it affect an individual or household? What are the two main types of inflation?
q1. discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a
supposed short run inverse demand in a monopolistically competitive market is represented by px18-0.2x. cost is given
Can you think of an existing product that has been repositioned by finding a new market with a different need than the original product? Think of Croc's Shoes, for example. They repositioned from a casual, fun shoe to a practical work shoe for nurses..
A new Fed governor argues during FOMC meetings that the Fed has not sufficiently achieved the goal of helping the economy reach its potential level of output. She asks the committee to be more aggressive, using expansionary monetary policy to increas..
Which of the following is NOT a possible way for a price-fixing scheme on potatoes to fall apart?
Utilize the information from the completed table also the graphs to identify the three stages of production also explain why the industry's short run production has only one ‘rational' stage of production.
q1. assume you were appoint as an adviser to a developing country and you were versed in the theory of production the
If policymakers increase aggregate demand, the price level
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