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Q1. Research comes out that supports that drinking more Green Tea helps to keep you healthy. Ceteris paribus, what would you expect to happen to the market (equilibrium P and Q) for Green Tea based on this research?
Q2. "In the Undercover Economist, Harford discusses Greenbelts. What is a Greenbelt and how does it affect demand and/or supply? What are other examples of "greenbelts"?
Q3. Explain why purchasing power parity measures of income levels tend to show smaller differences between poor and rich country?
Utilize the sticky-income theory of cumulative provide to explain illustrate what will take place to o/p also the price level play in this adjustment
Explain the effects of monetary policies on the economy's production also employment
q. real wages and productivity-are workers paychecks keeping up? over the long run historically real wages produce
Illustrate what will be total effect on M3 money supply. Explain illustrate what steps can be taken by Fed to reduce M3 money supply in economy.
Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier?
How does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil? Explain, using economic terms, why this is so.
Suppose you are a marketplace analyst specializing in theme parks also you're examining Disneyland's stock.
Illustrate what is happening to the U.S. real exchange rate in each of the following situations. Explain. The U.S. nominal exchange rate is unchanged, but prices rise faster in the U.S. than abroad.
Market for this commodity is characterized by perfect competition. Government steps in and levies a unit tax of 10 on this commodity. Illustrate what is revenue raised by government through this tax.
Illustrate what is the likely bargaining negotiation outcome if the advertisers bargain by telling each newspaper that they're going to reach agreement with the other newspaper.
Describe the roles of government bodies which conclude the national fiscal policy
Increase or decrease in the money supply increase the price level to the tolerable range
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