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Which of the following would not cause any kind of an outward shift of an nation's production possibilities frontier (PPF)?
discovery of a new source of energy
am increase in the size of the labor force
technological innovation
a flood that renders thousands of acres of farmland unusable
an improvement in the general level of education
If the Fed intends to decrease the money supply, what tools can be used? Briefly explain how each tool should be implemented.
Let the inverse demand curve for tennis classes is: P = 90 - 1.5Q.
Explain what is Nurd's equilibrium level of income. Explain what is likely to happen in the coming months if the government takes no action.
When the exchange rate falls by more in the short run than it does in the long run when the money supply increases, it is called.
Which of the subsiquent statements is (are) generally true assuming a mound shaped distribution.
What are the Costs to Society of Tariffs? Who are the winners, and who are the losers? What are the issues surrounding the use of trade barriers as a means of increasing domestic employment? What factors cause the value of the U.S. dollar to go up or..
Using information given: What is average cost of first do these of a new drug. What about marginal cost of subsequent doses? Is this consistent with behaviour of costs for an information product.
Illustrate what cost should each industry charge if it wants to maximize its profit. Why are costs and output of industries 1 and 2 same however different for industry 3.
Creativity, curiosity and creating value are key parts of the entrepreneurial mindset that won’t always prevent failure. Which of the following will help you avoid failure?
An ice cream company has hired two sales persons to run two ice cream stores on a beach. These two employees will receive a fixed salary regardless of the number of ice creams that they sell and they have to charge the same price set by the company. ..
q1. you are the proud owner of a baseball card store. suppose you sell 100.00 worth the baseball cards each day with
Using the mid-point method, calculate the price elasticity of demand from Point A to Point B. Show the steps of your calculation. Suppose John operates his sandwich stand at the portion of the demand curve between Points A and B. If John would like t..
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