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A Mercedes Benz will cost $40,000 in 3 years. If I can get 1.5% per quarter interest how much do I need to put in the bank today to have $40,000 in 3 years
Which of these would cause the demand curve for bison (American buffalo)
Illustrate what happens if the government is trying to stimulate the economy with their spending, but this leads to a greater output than projected.
United States has absolute advantage over many countries in production of most goods and services. Yet, the country is running the record trade deficit year after year. The current trade deficit is about six percent of the country's GDP. Is it a ..
Globalization and global trade have led to increased competition in world markets and increased allocation of scarce resources. Is it accurate to say that this is contributing to increased consumer surplus and reductions in inflationary pressures?
Assume if you scale up every price and nominal income in the same positive proportion Elucidate why this is true.
The textbook provides three techniques that not-for-profit organizations use to deal with the free-rider problem. Create two additional techniques that these organizations can use to encourage contributions from consumers.
The International Monetary Fund IMF supply assistance to nation experiencing economic woes.
a. At first, only a few people use the service. What type of good is this and why b. Eventually, as more people find out about the service and start using it, the speed of the connection begins to fall. Now what type of a good is the wireless inte..
Write down a paper which provides an economic profile of the automotive manufacturing industry.
Assume that economy starts at equilibrium and the mpc = 0.75. Find the effect of a $300 increase in government spending once all the rounds of multiplier process are complete?
Calculate how much higher U.S. labor productivity will be in the year 2028 (relative to 2008) if productivity growth falls to 1.4 percent per year, its average rate during the period 1973-1995.
such as making charitable contributions or civic expenditures (MU). Can you set up the problem and derive the optimization conditions if the owner-manager wishes to obtain a specific level of utility at the lowest possible cost.
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