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The Nigerian currency on Thursday morning appreciated further against the dollar as bureau de change (BDC) operators run into further hiding what is the major contributor of this appreciation of the naira?
Suppose the level of autonomous expenditure, which we could call A, rises by AA. What is the effect on the level of equilibrium national income?
You deposit today $1500 in an account that pays 1.7% per year. For the next few years you will keep making deposits 8.4% larger than the previous one. What will be the balance on the account after 6 deposits?
Home produces fish using unskilled labor (U) and capital (K) and computers using skilled (S) and (U). Unskilled labor is mobile between industries. Capital and skilled labor are specific to their industries. Goods prices are fixed on world mark..
Illustrate is the point cross elasticity among steel and aluminum. Are steel and aluminum substitutes or complements
Over the last 30 years in the United States, the real price of a college education (i.e., after adjusting for inflation) has increased by almost 70 percent. Over the same period, an increasing number of high school graduates
What is a budget constraint? How does a budget constraint explain consumer choices when used in conjunction with indifference curves?
Zaneb is a high-school teacher and is well known in her community for her honesty and integrity. She is shopping for a new car and plans to borrow the money to pay for it from her local bank. Does Zaneb create any moral hazard or adverse selection..
the manager of a firm that receives revenues of 40000 per year from product x and 90000 per year from product y. the
In light of the theory of comparative pros are any restrictions on free international trade advantageous
Your decision to pursue a higher-level degree is based on investment in human capital. What are the marginal costs and benefits of pursuing additional education and the inherent risks associated with this decision?
What role do property rights play in creating common property resources? Why are common property resources subject to market failure due to nonexcludability?
Assume that the MPC is 0.85 and that the Government is considering to boost the economy to increase real GDP by $2 trillion for the 2008 general elections.
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