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All points on the SP curve (but not on the LP line) share the characteristic that the economy is not in the long-run equilibrium because
A) price level is constantly increasing faster than nominal wage rate
B) wage contracts failed to anticipate inflation correctly
C) wage contracts failed to specify in advance the wage increases necessary to keep up with inflation
D) All of the above
If the face value of a 10% coupon bond is $10,000, what is the yearly coupon payment? If the yield to maturity of the above coupon bond is 8% and has 10 years to maturity, what is the present value of the coupon bond?
Within two weeks sales had fallen. Utilizing your knowledge of game theory, Illustrate what do you think disrupted McDonald's plans.
q.assume that two companies c and d are duo-polist that produces identical products. demand for the products is given
The Circular Flow diagram is model of how the economy works. Explain how the model would change if the following events ocurred:Households increase savings.
Assume that the pool of utilized textbooks grows further during the second year of the latest edition
In part, because of the workplace origins of illness and accident insurance, the perception of the employer’s obligation to cover all or part of health insurance premiums persisted as the scope of coverage broadened and the costs increased. Now, risi..
Given the production function Y = A and fixed values for the saving rate and depreciation, if productivity is growing at an average rate of three percent, and the labor input grows at two percent, there is a unique growth rate of capital that is sust..
illustrate what will be profit-maximizing or loss-minimizing output, Elucidate. Illustrate what economic profit or loss will industry realize per unit of output.
Suppose there are two inputs in the production function, labor (L) and capital (K), which can be combined to produce Y units of output according to the following production function: Y = 30K + 10L The firm wants to produce 600 units of output.
Suppose that demand for a public park for two groups of consumers (A and B) are given by:
Mike finds a Coke machine in an abandoned part of town and is extremely thirsty. The Coke machine requires exact change - two quarters and a dime. No other combination of coins will make anything come out of the machine.
Affirmative action is one of the most controversial topics in employment law. How affirmative action is often presented in the media? How similar is that portrait to the one presented in Johnson v. Transportation Agency, Santa Clara County ? When are..
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