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Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival have successfully kept prices at a very high level. You recently learned that your rival is retiring and closing his station in two weeks. What should you do today?
Suppose Uncle Nacho sells shares of Time Warner stock for $20,000 and puts the proceeds from the sale into his money market mutual fund account. What happens to the value of M1 and to M2?
explain how much of the current unemployment can be attributed to cyclical factors.
If deposit insurance were abolished, elucidate how would these change incentive structure facing deposit theory institutions.
In terms of aggregate supply, a period in which nominal wages and other resource prices are unresponsive to price-level changes is called the A. long run. B. short run. C. very long run. D. immediate market period.
Assuming Norma has no other capital gains or losses, how does this information affect her taxable income for 2010.
An office of 120 employees must be redesigned to accommodate 30 new employees. At the same time it should be made as effective as possible.
Illustrate money supply should the Bank of Canada set next year if it wants to keep the price level stable.What money supply should the Bank of Canada set next year if it wants inflation of 10 percent.
From the e-Activity, assess how business leaders use managerial economics to make business decisions indicating how profits may be impacted.
Assume that the marketplace for sweaters is perfectly competitive. The future value of a deposit in a savings account will be larger
Microeconomics is considered to be the study of scarce resources (Perloff, 2007). Here, consumers (both individuals and organizations) must make allocation decisions.
q1. what are the terms of trade if the united states trades 1 can of soda for 5 units of clothing?explain why price
assume the tax multiplier is estimated to be 1.5 and the aggregate supply curve has its usual upward scale. suppose the government lowers taxes by 150 million. aggregate demand will increase or decrease and by how much?
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