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Briefly explain whether you agree or disagree with the following statement '' Assets are things of value that people own . Liabilities are debts . Therefore a bank will always consider a checking account deposit to be an asset , and a car loan to be a liability.''
Explain how does a business describe whether to increase or decrease the price of the product it sells in order to increase revenue
Use both offer curves and a two by two payoff matrix, estimate the optimal foreign economic policy of a hegemon.
1. What is CEO Toback's most pressing concern and how could he go about addressing this concern 2. Do you agree or disagree with the assessment of the concern and the plan to address this concern Why or why not
Explain why in a monopolistic industry, if demand and cost curves are the same as those of a competitive industry, and if the demand curve has a negative slope and the supply curve has a positive slope, then monopoly output will be lower and price..
Discuss the Coase Theorem. Illustrate what this theory imply about the role of goverment in dealing with market externalities.
Suppose we start at a position where we are at full employment. Explain what effect a contractiory fiscal policy would have on the price level and real GDP starting from full employment equilibrium. What would the effect be if we had and expansionary..
If Hotel Bethlehem can charge two separate prices for two separate blocks of guests, what are the two prices they charge? how many rooms do they ll at each price? If Hotel Bethlehem only charges one price, how many rooms do they ll? What price do t..
What price should DD set to maximize profits? What would output be if DD acted like a perfect competitor and set P = MC?
Economic growth has increased in the past few months in the United States and driven by a surging stock market and increased confidence in the global economy, Canadians have increased optimism about the future of economic growth.
Elucidate and discuss if and how this has changed over the past 5 years. Write a brief description of the fiscal policy of the United States.
Determine the profit maximizing level of output and price. Is this long run equilibrium? According to the theory of monopolistic competition, do you expect entry or exit taking place in this industry?
write a paper explaining my assessment of the current aggregate demand and aggregate suppy curves; my prediction and prescription for the near future.
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