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If there is a consumer surplus in a market for gasoline and the government sets a price ceiling below the market equilibrium price, what will happen to the quantity of gasoline supplied in the short-run, the number of gasoline stations in the long-run, and will the consumer surplus increase or decrease?
Forbes magazine claims that "Mobile is the future of everything." In your discussion post, summarize what you think is meant by this statement. In addition, explain whether you agree or disagree with the statement.
Show the PBC balance sheet. What is PBC's target reserve ratio and how much "bank capital" does PBC currently have? Explain.
changing preferences can also affect changes in land use. in the united states the proportion of the population in the
Suppose there is a market for an industrial compound, Weon. This industrial compound is used as an input for the production of cleaning agents.
Determine the importance of predicting the pricing strategies of rival firms in an industry characterized by mutual interdependence. Examine the common price setting strategies of airlines that use game theory.
1. What about your daily life ?- Where and how does Comparative advantage come into play in your life? 2. What do you think about comparative advantage?
The annual rate of growth of real GDP in a developing nation is 0.3%. Initially, the countries' population was stable from year-year. Recently, however, a significant increase in the nation's birth rate has raised the annual rate of population growth..
Why other countries have high MPC and also have low maltiplier while the role says the higher the MPC the higher the maltiplier?
Kimberly has basic living expenses in addition to a student loan.She never knows what her monthly income will be due to the commissions.what advice can you give her to help her meet her goals.
A central bank with a dual mandate will achieve lower unemployment in the long run than a central bank with a hierarchical mandate in which price stability takes precedence. Is this statement true, false, or uncertain?
Sara devoted all her resouces for growing potatoes, she can raise 200 pounds of patotoes per year. If she devotes all her resources to raising chickens, she can raise 50 chickens per year.(If she apportions some resources to each, then she can pro..
GDP (You may use the purchase power parity figures.) Per capita GDP, GDP growth rates for the past 5 years, Percentage of GDP spent on military expenditures,Population and population growth rates for past 5 years
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