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What are the economic impacts of recreational marijuana in Colorado?
Suppose that work hours in New Zombie are 300 in year 1 and productivity is $14 per hour worked. What is New Zombie's real GDP? _____$ If work hours increase to 320 in year 2 and productivity rises to $16 per hour, what is New Zombie's rate of econ..
Engineers at national research laboratory built a prototype automobile which could be driven 180 miles on single gallon of unleaded gasoline. They estimated that in the mass production the care would cost 40k for each unit to build.
What is the value at point (b) and why is it important? At what level was the price ceiling set? What is the value at point (c) and why is it important? At this price ceiling level, will the monopoly make any monopoly profits?
A 50-mgpd (million gallons per day) water treatment plant was proposed in 2012 for Ureka, Wa.A 60-mgpd plant using the same treatment process was built in 2006 in Vancouver, Wa. for$50,000,000. Given the following additional information and assump..
Assume Required Reserve Rate is 10%, banks don't hold excess reserves, and public doesn't change their currency holdings. What will the change in deposits resulting from a $50 million open market purchase by the Federal Reserve Bank?
Compute the income elasticity also elucidate how sale of the novels would change during a period of rising incomes.
The business section of most major newspapers contains a table showing U.S. exchange rates. Find such a table and use it to answer the following questions. a. Does this table show nominal or real exchange rates? Explain. b. What are the exchange rate..
Why were those who took out hybrid loans at far greater risk of foreclosure when the Fed began raising interest rates and how are each of the following events likely to affect the value of the dollar relative to the euro?
Conventional trade statistics may no longer be as reliable as they once were because:- Inaccurate trade statistics cause problems because they:
you have 250 000 in and ira individual retirement account at the time you retire. you have the option of investing this
What is J. M. Smucker Company's corporate strategy? What common strategy elements are shared across its brands? Did it make sense for Smuckers to expand its business lineup beyond jams, jellies, and preserves? Why or why not?
Provide your own definition of "opportunity cost". Discuss what the opportunity cost of attending college is for you, noting that the concepts of opportunity costs and explicit monetary costs are not the same.
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