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Why does it make sense to use scarce water resources to grow crops that require the most water? Why don’t farmers conserve water and grow more drought tolerant crops until the drought is over? (Response must be 250 words)
Why, according to Keynes, is an economy in recession and why can such a recession be prolonged? Illustrate and discuss
An increased supply of U.S. dollars on the foreign exchange market, all else equal, will result in an appreciation of the U.S. dollar. Although McDonalds operates in a market structure with many competitors and substitute foods, it often engages in _..
Convert a constant dollar payment of $1,000 made 6 years from now into actual dollars in that same time period (i.e. 6 years from now) Given that market interest rate i = 10%, inflation rate f = 5% annual. A personal property asset has a purchase pri..
consulting project estimation and analysis of demand for fast food meals using the data in table 1 specify a linear
A US automobile factory uses $100,000 worth of parts purchased from foreign countries along with U.S. inputs to produce 30 cars worth $20,000 each. Twenty of these cars are sold and 10 are left in inventory. How much did these actions add to GDP?
The Global Financial Stability Report is a semi annual report published by the International Capital Markets division of the International Monetary Fund (IMF). The report includes an assessment of the risks facing the global financial markets.
Listed below are the weekly sales from the household department at a local discount store: $35,000, $46,000, $28,000, $35,000, $68,000, and $52,000. Find the Arithmetic Mean, Median, and Mode.
Assume that apples are an inferior good. Draw a perfectly competitive market for apples and a firm selling apples in the long run equilibrium where price is $10 and the firm’s equilibrium quantity is 50. EXPLAIN what happens in the short-run if custo..
What are the characteristics of perfect competition? Why do restaurants tend to display characteristics of perfect competition and what are the long-run benefits of running a restaurant, considering its place in the perfect competition?
What is the key problem with measuring marginal q? Is there an alternative measurement that can be used instead? Is this alternative measurement likely to be an accurate proxy for marginal q?
The main tool that the federal reserve uses to conduct monetary policy is
Here are some hypothetical numbers used to illustrate the ideas of trade-offs, specialization, and comparative advantage. Assume Sri Lanka, using all her resources efficiently, can produce either 1,000 bags of rice OR 3,000 bags of tea. Let's also as..
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