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What are the two primary interpretations of the supply curve? Given this, why do we generally (although not always) expect to see upward sloping supply curves?
A major problem for the implementation of privatization during the early years of transition in the formerly planned socialist economic systems has been
q1. butler leased a certain piece of property from wheeler with an option to purchase it at later dates. the agreement
q1. what is the capitalized cost of expenditures of 3000000 now 50000 in months 1 through 12 100000 in months 13
Explain using the AS-AD graphs how an increase in government expenditure will change the equilibrium in the economy. Do it in two stages. First show how the graph changes with the initial increase in expenditure and then what happens after the multip..
The number of people employed in a city was 128,000. The adult population was 201, 000 and the labor force participation rate was 67%. Based on the figures listed above, what is (1) the unemployment rate, (2) labor force participation rate, (3) numbe..
A long standing question of interest to economists who study education is how outcomes vary for students who attend private schools as compared to public schools. The authors of this article have data on a standardized test taken when each student wa..
Suppose that individuals in this economy invest 30% (use .30 in the graph) of what they produce; the labor force in this economy grows at 5% (use .05) per year; and 10% (use .1) of the capital stock wears out each year. Suppose that the capital labor..
Graph Mary's marginal cost curve using the orange line and her marginal revenue curve using the blue line
Assuming that the price of fuel is $5.00/G and is increasing at a rate of 4%/year while the discount rate is 6% calculate the equivalent level zed price over 20 years
Subprime lending is thought to be a contributing factor to the recent housing bubble. Which of the following is an example of subprime lending?
A consumer receives income y in the current period, income y' in the future period and pays taxes of t and t' in the current and future periods, respectively. The consumer can borrow and lend at the real interest rate r. This consumer faces a constra..
What is the unemployment rate for this simple economy? What is the labor force participation rate for this simple economy? Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60..
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