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1. Investors in which two countries accounted for about 25 percent of all foreign purchases of U.S. stocks and bonds in? 2012?
A. Japan and the United Kingdom
B. China and Canada
C. Japan and China
D. Canada and the Cayman Islands
2. A decrease in the price level results in? a(n) ________ in the quantity of real GDP demanded because a lower price level? ________ consumption,? investment, and net exports.
A.?decrease; increases
B.?increase; increases
C.?increase; decreases
D.?decrease; decreases
A firm in a oligopolistic industry has identified two sets of demand curves. If the firm is the only one that changes prices (i.e., other firms do not follow), its demand curve takes the form Q-82-8P. If, However, it is expected that competitors will..
Illustrate what can we conclude about the income elasticity of demand?is it positive or negative. what class of goods candy bar belongs to.
How must federal, state, and local public health agencies balance the cost of serving the people with the cost of ensuring there are appropriate and effective emergency preparedness programs in place? Who should pay and why?
Corporation X is in the business of buying, restoring, and selling vintage cars. A local man attempts to sell to corporation X a vintage car, estimated to be worth $50,000, for the price of $1000. If the president receives the offer but, instead pres..
A researcher has collected information from mailing 300 randomly selected individuals in the Lubbock community about their attitudes about undertaking cancer preventing activities including using sunscreen, reducing weight and tobacco usage. (a) What..
The wage elasticity of labor supply for women aged 18-25 is measured to be 0.3. Within this group, the average weekly wage of the high-school graduates is 2/3 the amount of college graduates. Assume that wage elasticity and all other individual chara..
In a monopolistically competitive market, the government applies a specific tax of $1 per unit of output. What happens to the profit of a typical firm in this market? Does the number of firms in the market rise or fall? Please explain.
Arkensland is a highly industrialized countr. Prices have been steadily increasing over the last few years and inflation reached an all-time high of 8 % last year. Following this, the central bank came under pressure to reduce inflation to least 4 % ..
What ways do correction professionals use the social justice principles of equality, solidarity, and human rights to build a more just society?
Consider our basic resource formula: St+1 = St − Qt + ?S. Suppose that we are interested in ethanol produced from corn. How should we define the variables in the formula for application to this problem? Be clear on your stock and flow variables.
A competitive, unregulated market would. Externalities. Utility is the
Cournot (quantity) and Stackelberg (sequential) Two identical firms, Firm 1 and Firm 2, compete in quantity in a market where inverse demand is P(Q) = 100 − Q and there exists a constant marginal cost of 20 per unit. Find the Cournot equilibrium. Fin..
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