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Survey collects data from subjects who respond to a series of questions about behaviors and opinions. Should survey format allow individuals a level of anonymity? Why or why not?
Why does a smaller marginal propensity to consume (e.g., a higher savings rate) result in higher steady state consumption?
If an individual is taxed at a 17 percent rate for each extra dollar earned, the reference is to the
The inverse demand for this product is P = 100?Q, where P is price and Q is aggregate output. The production costs for firms 1, 2, and 3 are identical and given by C(qi)= 20qi (i= 1,2,3), where qi is the output of firm i.
In a particular industry, labor supply is ES=20+w and labor demand is E D=60-4w , where E is the employment level and w is the hourly wage. What are the equilibrium wage and employment if the labor market is competitive?
According to Keynesian theory:
GDP depends partly upon Investment and consumption spending. If the economy is in a persistent recession what can the Congress and Administration do to improve the GDP? What can the Federal Reserve do to improve the economy is Consumption and Investm..
The law of diminishing returns applies to which of the subsequent segments of the marginal product of labour curve.
Prevailing market cost is $15. Illustrate what will happen to number of industries in industry and to industry's output in long run.
Hyacinth Macaw invests 62% of her funds in stock I and the balance in stock J. The standard deviation of returns on I is 14%, and on J it is 26%. a. Calculate the variance of portfolio returns, assuming the correlation between the returns is 1.0. (Do..
Explain the concepts of scarcity also choice also elucidate how they function in economic system.
The marginal rate of substitution (MRS) determines the rate at which a consumer is willing to substitute between two goods in order to achieve.
on average, Japan's real every capita output grew at a rate of 3 percent every year among 1973 also 1993. Illustrate what would Japan's output every capita have been at the end of 1993.
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