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An increase in the number of buyers for LCD TV's would cause the market demand curve to. 1. shift left or right depending on whether buyers purchase more or less than existing customers 2. shift right 3. shift left. 4. stay the same because the market demand doesn’t depend on the number of buyers.
Consumption is $6 trillion, investment is $2 trillion and government purchases are $2.5 trillion. The country exports $1 trillion and imports $1.5 trillion. Find net exports and solve for the level of aggregate demand.
Assume you are part of a research team evaluating a proposal to clean up a dangerous squander site.
Supermarket ends its promotion. What does her budget constraint look like now. What combination of meat and potatoes maximizes her utility.
Studies indicate that the changes in fiscal and monetary policy affect the 3 economic agents in the economy (households, firms and government). How do the changes in monetary and fiscal policy instruments affect you personally or work wise?
Considers a consumer who suddenly changes her preferences with regard to air travel,
In equilibrium, with diminishing marginal products, the slope of the PPF is equal to:
In early 1980s, U.S. economic policy was directed toward reducing inflation. Illustrate what would you have expected to observe during this short period of time.
Explain it surprising that the company's revenue increased when it decreased the average selling price of its phones.
illustrate what does the efficient market hypothesis say will happen to the price of the stock when the $4 loss is announced.
Determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs.
Find out data on wages, employment, and minimum wage laws in developing countries from the internet & summarize this information.
q. for two weeks record the price and quantity of your purchases of a gasoline and b one other item you buy regularly
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