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What is the role of a intersection data for database concepts?
Consider an exchange economy with two goods, 1 and 2, and two consumers, A and B. The consumers are initially endowed with a total of unit of each good, i.e. w1 = w1A + w1B = 1 and w2 = w1B + w2B = 1.
Elucidate how the market for corn would be affected if ethanol, a corn derivative was used to fuel cars in the United States.
assume an open mixed economy. that is foreign trade is part of the economy and the economy includes both a public
Could a nation's production possibilities curve shift outward? Describe what such a shift would mean, and discuss at least two events that might reasone such a shift to occur.
Suppose that a small town uses a referendum to overcome free ridership problem & determine how its residents might value a new water filtration system for its public water supply.
How has this revolution changed the economy of the nation? How has it impacted jobs? What does this mean for the US of today in terms of international relationships and responsibilities?
The rule established by the Hadley case is "when damages are awarded, compensation can only be awarded for injuries that the defendant could reasonably have forseen as a probable result of the usual course of events following a breach."
Assume the corporate income tax were eliminated and revenue lost was made up through rising the payroll tax rate on labor earnings.
What is the likely effect of an exogenous decrease in the price of oil on the Canadian economy? Explain how the Bank of Canada would respond to such shock.
Two drivers - Tom and Jerry - each drive up to a gas station. Before looking at the price, each places an order. Tom says, "I'd like 10 gallons of gas." Jerry says, "I'd like $10 of gas." What is each driver's price elasticity of demand?
Suppose the effects of government policy, social diversity, and business ethics on recommendation.
Illustrate is the relationship among the variable that you selected and the economy. What trends do you see in the data sets. Support your assertions of trends with statistical evidence.
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