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Q1. Assume you are to specify a short-run total variable cost function for a nursing home. Elucidate the variables you would include in the function. Illustrate the expected relation between a change in each of these variables and short-run total variable costs?
Q2. While businesses in the Macro Islands increased investment by $20 million to magnetize tourists, aggregate demand increased by $50 million. What is the MPC in the Macro Islands? Explain how you arrived at your answer.
Q3. Construction of a hydroelectric dam will effect in the permanent closure of a recreational park. The park has brought $4 million in revenues more than in last two years. Illustrate the expected total monetary loss under 4% of annual interest rate if this park is permanently closed this year?
Growth rates in follower nations such as South Korea also Hong Kong averaged about 10 percent every year.
What could the Fed do in 2002-2003 in order to bring the economy back to full-unemployment ? What did the Fed actually do? Explain in detail
Trace the evolution of work on the laissez-faire doctrine through two arcs. First those theorists who are trying to prove that the system is stable
Is stability in the general level of prices through time important? Why or why not? Should price stability be the goal of monetary policy? Explain your responses.
Proposals for modifications of the law are formulated by committees. Under the closed rule, the legislature may either accept or reject a proposed modification, but may not propose an alternative.
Suppose Uncle Nacho sells shares of Time Warner stock for $20,000 and puts the proceeds from the sale into his money market mutual fund account. What happens to the value of M1 and to M2?
Elucidate what could be done to encourage people to spend more so as to increase aggregate demand and, invariably, create employment possibilities.
Illustrate what does this outcome reveal about the size of the multiplier
"NASA" Please respond to the following: Analyze the methods used by NASA in itsstructured profit approach, and speculate on how VectorCal could possibly use the same structured profit approach with their manufacturing operations. Support your analysi..
q.consider ?the ?following ?market ?for ?a ?single ?good ?x ?with? two? firms ?that compete ?via? price? bertrand.?you?
Identify Nick’s utility-maximizing consumption bundle on your graph, including his indifference curve that is associated with his optimal bundle. e. What is the value of his utility at this bundle?
Elucidate which of the subsequent statements is correct regarding the equilibrium cost also quantity of X.
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