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In the Austrian theory of the "pure" rate of interest in a free market, interest rates are a function of
A) laws prohibiting usury.
B) time preferences
C) central bank policy
D) liquidity preference
Suppose that Kristen and Anna can sell all their wristbands for $1 each and all their pot holders for $5.50 each. If each of them worked 20 hours per week, how should they split their time between wristbands and pot holders? What is their maximum joi..
You will submit a 2 page paper based on an article about an economic topic. The paper should be a summary of the article and then analysis of the economic principles discussed (Supply & Demand for a product, Elasticity of a certain product, or analys..
A firm†TM s demand function is defined as Q = 30 - 2P. a) Use this demand function to calculate total revenue when price is equal to 10 and when price is equal to 11. b) What is marginal revenue equal to between P=10 and P=11?
Explain how does the empirical rule help to explain the ways in which values in a set of numerical data cluster and distribute.
Circular flow diagram: Include the government sector in your explanation, a description of the roles that each participant plays in the economy, and how the different sectors interact in the markets.
Also identify and discuss the flows that are created when Government enters the circular flow.
If the price of A rises to 4 while other prices and Daniel's budget remain unchanged, how much or each does he purchase in equilibrium?
q.a survey of households in a small town showed that in 850 of 1200 sampled households at least one member attended a
Suppose the U.S. and Mexico both produce 2 goods, tablets and cereal, using 2 inputs, capital (K) and labor (L). The production of tablets is capital-intensive, and that of cereal is labor-intensive. The U.S. is a capital-abundant country, and Mexico..
Compute the revised slope of the AE cure and the multiplier when you know that the imports and the marginal tax rate
q1. walker inc. is trying to determine its price debt. firm has a debt issue outstanding with 15 years to maturity that
Why might even a well-maintained, profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development.
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