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Q. Under what elasticity conditions would the following be true:
"Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage"?
Suppose the economy is represented by the following equations:Md/P = 6Y - 120r Ms/P = 5,400C = 180 + 0.7(Y-T) I = 100 - 18r + 0.1Y T = 400 G = 400 Y = C + I + G
a. Write the numerical formula for the IS curve?b. Write the numerical formula for the LM curve? a. What is the equilibrium level of r?b. What is the equilibrium Y?c. What is the value of consumption?d. What is the value of Investment?e. What is the level of real Money Demand?
how the limit on the amount of reimbursement is not the only effective way to decrease expenditures for health care if health care providers succeed in increasing the demand.
q. the demand and supply curves for t-shirts in touristtown u.s.a. are given by the following equations 3 pointsq24000-
Choose on which market structure that these businesses fit - monopolistic competition, perfect competition, and oligopoly also monopoly.
Compute the year-to-year growth rates of real GDP. Can you identify the recession that occurred during this period?
q1. what would be the production possibility frontiers for brazil and the united states? without trade the united
If it is illegal to sell food stamps, what does your analysis indicate about the potential existence of a black market in food stamps? Indicate graphically an acceptable price that your consumer would accept for his food stamps, and that someone w..
Explain why does it matter which particular mix of price and quantity is selected.
Illustrate what price do you think this firm should charge if it wants to maximize its short-run profit.
q. suppose that at the equilibrium price and quantity the marginal revenue is -15 and the price elasticity of demand
Evalute any one economic model of such imperfect competition, and assess how well it explains the behaviour of real firms, and the results such behaviour might have upon the efficiency of resource allocation.
Explain why government deficits in more troubled countries, such as Zimbabwe or Iran, tend to produce more inflation than deficits in less-troubled countries, such as Japan or United States.
From the supply and demand schedules, from Belgium what are the equilibrium price also quantity of cocoa beans.
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