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Q1. What homeland security challenges could the U.S. face in the future? Describe at least two challenges and identify operational issues and policies that could be implemented to meet the challenges
Q2. Acme tobacco is currently selling 5000 pounds of pipe tobacco for every year. Due to competitive pressures, the average price a pipe declines from $15 to $12 as a result, the demand for Acme pipe tobacco increases to 6000 pound per year.
a) What is the cross elasticity of demand for pipes and pipe tobacco?
b) Assuming that, the cross elasticity does not change, at what price of pipes would the demand for pipes tobacco be 3000 pounds per year? Use $15 as the initial price of a pipe.
Suppose that government decides to charge cola consumers a tax. What is incidence of tax that falls on producers.
Find out a numerical equation linking planned aggregate expenditure to output. Show the determination of short-run equilibrium output for this economy using the Keynesian cross diagram.
q1. in long-run equilibrium assume the economy. in a short duration of time there is a pessimistic revision of
Suppose capital is fixed at 16 units. If firm can sell its output at a price of $100 per unit and can hire labour at $25 per unit, Explain how many units of labour should firm hire in order to maximize profits.
Which former Soviet republic currently a member of the Commonwealth of Independent States (CIS) has been the most economically successful in making this transition.
Illustrate what happens when a consumer decides to save and reduce thier spending of consumer goods. Does this affect the supply of money, demand of money or the intrest rate.
Walras Equilibrium with two consumers and two commodities, given endowments and preferences for both consumers.
How would I plot a marginal product curve, say, given the number of workers on the x-axis and and the number of a certain product produced on the y-axis.
Suppose also that ham and cheese are the only goods that this person buys and that bread is free.
Explain what is the maximum amount of new loans that this bank can make. Show in column 1 how the bank's balance sheet will appear after the bank has lent this additional amount.
suppose a student athlete has the opportunity to earn $800,000 next year playing basketball, $700,000 next year playing basketball or $0 going to college. what is the opportunity cost of going back to college
Illustrate what is the expected value of your earnings from investing in General Motors stock.
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