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Consider the market for laptops. The demand for laptops is - 3P. Suppose the supply of laptops is given by Q= -200 +2P. Enter numbers only. If decimal, include decimal and round to nearest tenth.
For the next seven questions, suppose a per unit excise tax of $80 per laptop is levied on the consumers.
An increase in U.S. imports from Japan will cause the demand for yen in the foreign exchange market to (Increase / Decrease) and the supply of dollars in the foreign exchange market to (Decrease / Increase).
The bank you are going to get the mortgage from uses a 28% qualifying rate. How much will you need to put down in order to buy this house?
q.consider a solow growth model with cobb-douglas construction depreciation rate delta savings rates population growth
Suppose current interest rate is 5% and you pay $250 for a bond. How much should bond pay you in one year.
Zigs Industries had the following operating results for 2011: sales = $29,820; cost of goods sold = $19,810; depreciation expense = $5,300; interest expense = $2,640; dividends paid = $1,500. At the beginning of the year, net fixed assets were $17,23..
If their account earns 6 percent per year compounded quarterly, how long will it take them to have a total of $20,000 in their savings account?
When a TV company chooses a pay-per-view scheme to pay for programming, which of the following is true, false or uncertain? Explain carefully in each case. Most of the marks will be awarded for the clarity of your explanation.
The banking system currently has $100 billion of new reserves, none of which are excess. People hold only deposits and no currency and the reserve requirement is 10%. If the Fed lowers the reserve requirement to 8% and at the same time buys $10 billi..
Keeping all elsr constant their answer would likely differ. How do you guess the interviewed will answer? Does the diference in response matter?
For the purpose of stabilizing the macro economy, which of the policies below are suitable for a situation when aggregate demand is excessive, or when there is a large -GDP gap?
Using the normal distribution, find the probability that a population with a mean of 35 and a standard deviation of 8 will produce a sample mean of less 34 in a sample of size 64.
If you were responsible for setting the NAAQS for lead, what key determinants would you consider if the standard were established to meet the efficiency criterion. Be sure to itemize separately the benefits and costs associated with your decision.
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