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The Phillips curve supposes that there is a trade off between inflation and unemployment. Is this correct? Why or why not?
Illustrate what are the main determinants of the amount of excess reserves held by banks. Illustrate what is the primary determinant of deposits and the money supply in the long-run.
Elucidate, with the aid of demand and supply curves, the impact of increased crime on the demand for private security services. On your diagram, show the changes in the equillibrium price and quantity.
Illustrate what is the expected value of your earnings from investing in General Motors stock.
If other people exploit the same opportunity, what will happen to the cost in Thailand as well as in Malaysia.
The Babylonians studied problems which lead to simultaneous linear equations and some of these are preserved in clay tablets which survive. For example a tablet dating from around 300 BC contains the following problem:
Now suppose Alex's income increases to $1,500 per year. What is her new optimal consumption of x? What is her new optimal consumption of z?
consider the problem of picking a price for an economics textbook. the marginal cost of production is constant at 20
Why do Caterpillar and your parents have different opinions about the value of the dollar.
Vera source Microprocessor Corporation (VMC) sells 2000 specialized computer processing chips each month at a price of $1,500 each. Variable costs amount to $1,500,000, and fixed costs are $500,000. Currently the company has a defect rate of 8 percen..
Cartels with a small number of industries have a greater probability of reaching the monopoly outcome than do cartels with a larger number of industries.
compute the average cost function for skateboards. what shape does the graph of this function have. What is the average at this level of output.
Should the government limit the amounts that juries are allowed to award victims of medical malpractice, so as to reduce malpractice insurance premiums and thereby lower health care costs.
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