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Consider these bundles: Bundle A: 2DVDs and 3 Cds; Bundle B: 3 DVDs and 1 CD; Bundle C: 1 DVDs and 3 CDs. Which of the following violates the assumption of non satiated preferences?
a) You prefer bundle C to B and bundle A to C.
b) You prefer bundle C to B and are indifferent between bundles A and B.
c) You prefer bundle A to C and are indifferent between bundles B and C.
d) All of the answers are correct.
e) None of the answer is correct.
Using the national income identity find the value of imports (IM). Illustrate what is the current account balance. Illustrate what is the savings rate.
When stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public," and the market for such stock is called the new issue market.
During a war the government puts pressure on producers for heavy equipment, supplies, and services, making each more important.
Illustrate what is equilibrium level of Aggregate Expenditures in this economy. At equilibrium, illustrate what is level of Consumption in this economy.
How would your answer to Part A change if economic growth is average and Petal Providers' net profit margin is 7 percent?
q. assume you have been hired as a managing consultant by a company to offer some advice that will help it make a
Illustrate what is the key assumption of the basic Keynsian model? Explain why this assumption is needed if one is to accept the view that aggregate spending is a driving force behind short-term economic fluctuations.
Assume which Sweden also Portugal both produce oil also stained glass. Sweden's opportunity cost of producing a pane of stained glass is 8 barrels of oil.
Consider the following cash flow. Determine the annual worth if the minimum attractive rate of return is 9% per year.
change if buyers pay $8 every unit to the intermediary but sellers offer to rebate part of that expense to buyers.
Illustrate what is the total contribution to GDP from the above events. The university bookstores received 4 million euros.
Wilpen plans to charge a wholesale price of $1.65 per can. As the average value of tennis racket is $110, and average household income of consumer is $24,600.
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