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Perfect competition and equilibrium.
Two firms compete in a market to sell a homogenous produce with inverse demand function P = 400 - 2Q. Each firm produces at a constant marginal cost of $50. Use this to compare the output and profits in settings characterized by Cournot, Stackelbe..
What is a financial system and why would a country with a well developed and fully functional financial system be better off than a country without it?
In the United States, the capital share of GDP is about 3 percent, the average growth in output is about 3 percent per year, the depreciation rate is about 4 percent per year, and the capital-output ratio is about 2.5. Suppose that the production ..
Suppose the monopolist charges a single-price for its product. Given this assumption, find the answers to the following questions: a. What is the profit maximizing quantity and price for this single-price monopolist?
Write a brief description of the fiscal policy of the United States and would you describe it as "expansionary" or "contractionary"?
Find recent article discuss about the Information System in our real world. Read it and answer using your own understanding. 1. Define IS in your own word? 2. Discuss why IS is important? (Based on your article & relate with your business/job)
Production Possibilities Tables for Germany and Canada (note that we are assuming that opportunity costs remain constant along the production possibilities frontier), and that each country produces only these two products).
imf warning over slowing growththe global economy may face a marked slowdown next year as a result of the turmoil in
What is the internal rate of return for a cab if it is retired at the end of its economic service life What is the internal rate of return for a sequence of identical cabs if each cab in the sequence is replaced at the optimal time
When the Bank of Canada sells the government bonds to a commercial bank, the commercial bank experiences a decline in reserves and in increase in bonds. Total assets are unchanged; this is just a portfolio switch between bonds and cash.
Compute nominal GDP for each year in economy - Compute the average propensity to consume for each level of income and fill in the table.
Elucidate the historical relationship between unemployment and inflation.
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