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Why do economists use economic models when making predictions or assumptions about the economy? Which economic model do you believe is the most beneficial to YOU at the present time? Why? *Economic Models: circular flow diagram, production possibility frontier, supply and demand.
The cash flow associated with a stripper oil well is expected to be $3,000 in month one, $2,950 in month two, and amounts decreasing by $50 each month through year five. What is the cash flow in the last month of year 5? At an interest rate of 1% per..
Fill in the column of marginal products. What pattern do you see. How might you explain it. Compare the column for average total cost and the column for marginal cost. Explain the relationship.
Economists believe that the current values of the deposit multiplier and the money multiplier are widely divergent. Why might these values differ at present? What (if anything) do you think must happen for them to converge once again?
Trades are seasonal, with higher trades during the spring also summer quarters also lower trades during fall also winter quarters. Which inconsistents of the model are statistically significant.
Roughly speaking, a merger between two firms is legal:
illstrate the effect of capital formation by comparing the prodution pissibility curves, at the present time and ten years in the future,for tow economies, one with the high and the other with the olw rate of capital formation.
1. Please identify what you feel are necessary components of a strategic plan for desktop security. 2. Please explain why the components you identify are necessary and important.
Suppose there are two types of movie: Arty (A), and Popcorn (P). These films may be either Decent (D) or Terrible (T). 35% of all movies are Arty. 20% of all movies are both Arty and Decent. If a film is a Popcorn, there is a 75% chance that it is Te..
The current population of the United States is 318.9 million with 3% of the population is engaged in R&D at an eciency rate of 1/500 per million persons per year. If the growth rate in output per person is 3.0% per year what is the value of in the Co..
Compute new supply of $ at each exchange rate and graph the new supply curve.
The opportunity cost of holding assets as money suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the $10,000 in a non-interest-bearing account so that you can use it whenever you want (that is, hold it as ..
Under what situation would Gore be better off giving Bush a head start on putting mutually his presidential ticket.
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