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1. How does an absence of double coincidence of wants make money socially useful?
2. What are the effects of an increase in the money supply growth rate in the monetary intertemporal model?
3. What are the costs of inflation?
Beside the magnitude of shrinkage strain, which other factors determine the risk of cracking in a concrete element?
If she spends all of her income on uglifruits and breadfruits, Natalie can just afford 11 uglifruits and 4 breadfruits per day. She could also use her entire budget to buy 3 uglifruits and 8 breadfruits per day. The price of uglifruits is 8 yen ea..
Suppose the government imposes a price floor of $25, and agrees to purchases any and all units consumers do not buy at the floor price of $25 per unit a. Determine the cost to the government of buying firms' unsold units. b. Compute the social wel..
What are the implications of these results for a policymaker who wants to assess the costs of a recession?
What are the limitations of the Laffer curve as a tool of government policy formulation?
What is the marginal cost of producing a 301s unit A 401st unit If you are comfortable doing so, you may answer this question by writing down the marginal cost function directly, rather than recalculating total cost for q = 301 and q = 401.
What actions could the government take to move the economy back to potential GDP?I also need to graph this :S I am not very good at economics
From the information in the table, calculate marginal and average products. Graph the three functions (put total product on one graph and marginal and average products on another). For what range of output does this function have diminishing marginal..
Whenever the price of any of the goods increase, Richard gives a call to his rich uncle who immediately transfers funds to him so that Richard's utility remains constant. Assume the price of burritos increased by 20%, and even after Richard is com..
The Kinked demand curve in an oligoolistic market is represented by the following: P = 100- Q and P = 120-2*Q The oligopoly firms have constant marginal costs at MC = 40 What is the profit maximizing price and level of output
Which policy-the one in part (d) or the one in part (e)-do you think is more dangerous to the stability of the economy?
(y=-1.4282+8.7243(1/x)\) using the given average values for y and x of 4.8% and 1.5%, respectively what is the rate of change at these mean values
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