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Other things being? equal, a depreciation of the dollar A. decreases aggregate demand in the United? States, and may decrease aggregate supply by increasing the prices of imported resources. B. increases aggregate demand in the United? States, and may decrease aggregate supply by increasing the prices of imported resources. C. increases aggregate demand in the United? States, and may increase aggregate supply by reducing the prices of imported resources. D. decreases aggregate demand in the United? States, and may increase aggregate supply by reducing the prices of imported resources.
Consumers in some countries, like Japan, are reluctant to accept “foreign” retailing institutions and imported products. Explain this behavior by using the models of culture.
Determine the impact on the economy if the central bank in U.S. used inflation targeting.
The expenditures on tires by the Ford Motor Company are not included directly in GDP statistics while consumer expenditures on replacement tires are included. Why?
Discuss the current market structure of a business you have worked for or are currently working for. How does the market structure and degree of competitiveness factor into both short-run and long-run decisions. What risks are considered? What do you..
Sara Cook took an exam on entrepreneurship and business ownership. She was asked to identify which business organization in the United States has the largest number of firms and which has the largest receipts. She got an A on the exam. How did she an..
Suppose that a given firm experiences decreasing marginal product of labor with the addition of each worker regardless of the current output level. Average total cost will be A) rising at al points B) falling at all points C) constant D) U-shaped
q.suppose a factory can produce a shirt for the equivalent cost of 2 loaves of bread and a household can produce a
A market is made up of two consumers. The first has a demand P(1) = 1200 – 3q and the other has demand P(2) = 1200 – 6q. There is one firm in the market acting like a monopolist with costs = Q^2 + 90,000. Assume the firm can perfectly price discrimin..
How much has the growth in international trade impacted your company, or industry? Has the devaluation of the U.S. dollar impacted your company, or industry? Explain.
A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-house. Determine the range of annual volume for which each of the alter..
Assume the farmer buys insurance that pays 3$ if it doesn't rain but costs 2$. Illustrate what is their consumption when it rains.
We have 3,000 Units of product to sell over a five day period. From historical sales data, we have estimated the following demand curves. The revenue maximizing price for Day 1 is
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