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The dynamic aggregate demand curve will shift to the right if there is a:
A) tax cut.
B) cut in government spending.
C) decrease in the money supply.
D) cut in oil prices when the cartel falls apart.
Consider a utility function where Utility in period t if a person exercises is 2, and utility in period t+1 if they exercise is 8. On the other hand if they donít exercise, their utility in period t is 6, and their utility in period t+1 is 4.
Enrollment in a particular class for the last four semesters has been 120, 126, 110, and 130. Suppose a one-semester moving average was used to forecast enrollment (this is sometimes referred to as a nave forecast). What would the MSE be for this sit..
Which of the following is a true statement about? self-interest as used in the study of? economics?
The company rents roller cutters and crimping machines for $16 per hour, and the marginal product of capital is 100 rollers per hour. Illustrate what do you think the previous manager should have done to keep his job.
Identify what FIDO stands for and how 3M puts FIDO into practice. Assess whether FIDO’s approach could work for other companies or if it is unique to 3M and the products they produce. Write three pages on whether 3M’s specific practice of hiring loca..
Explain the difference between microfinance and microcredit. Discuss in detail the role of microfinance in help the poor to improve their living standard.
Assume that when an economy has a GDP of $500, Consumption is $550. The MPC is .75. Investment is 25. Begin the problem by setting up an Income/Consumption Schedule like the one on page 190 of your text. What is the Break-Even level of Income? What i..
Let E = En + Ei denote the total size of the labor force, where En and Ei represent native-born workers and immigrants, respectively (measured in thousands). Suppose that initially there is no immigration at all: Ei =0. What is the equilibrium wage a..
Marcella operates a small, but very successful art gallery. All but one of the following can be classified as a variable cost arising from the physical inputs Marcella required to operate her business. Which is it?
What is the difference between a solicited proposal and an unsolicited proposal?
"What is the role of rock lyrics in suicides among teenagers?" Do you think that a rock group could be held responsible for a death that occurred after a young person had repeatedly listened to their morbid, suicide-praising lyrics?
Josie’s Pussycats sells ceramic kittens. The marginal cost of producing a particular kitten depends on how many kittens Josie produces, and is given by the formula MC = 0.8q. Assume that the ceramic kitten industry is perfectly competitive, and Josie..
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