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Suppose that Bill, a resident of the U.S., buys software from a company in Japan. Explain why and in what direction this changes U.S. net exports and U.S. net capital outflow.
If a large-scale war resulted in massive destruction of physical facilities, but not loss of life
q.mr. h. simpson is an individual who earns 5 per hour working at the springfield nuclear power plant. assuming he
Suppose that there is no growth in real GDP and inflation is equal to -2% per year. (Negative inflation is the same as deflation.) Measured in ducats, illustrate what will GDP be equal to next year.
By showing the behavior of both a monopoly and a dominant firm in the same graph, show that monopoly profits are greater than the profit of a dominant firm in the no-entry equilibrium. Show how much consumers benefit from buying from a dominant firm-..
President says that wages probably should be cut so that workers could not afford to miss so much work. Evaluate two views utilizing income and substitution effects in your analysis.
Discuss the observation made recently by an undergraduate philosophy major that "the major international institutions are concerned with keeping the rich countries rich, at the expense of the poorer ones."
q.suppose that social statistical data on two macro indicators were just released in the us. the price growth for past
assume an urban clusters income i is given by the function i4n-0.05n2 where n denotes the clusters population in
Suppose demand for a product Q = 1,200 - 4P and supply is Q = -200 +2P. Furthermore, suppose that the marginal external damage of this product is $8 per unit. How many more units of this product will the free market produce than is socially optimal? ..
in a study available in 1980 b. b. gibson estimated the subsequent price and income elasticity of demand for six types
Assume that you are Best Buys, the electronics retailer, and that you would like to enter the hardware component of the market. You have been approached by investment bankers for Zenith, which while still a recognized brand name, is on its last legs ..
If both manufacturers offer the same value, then 50 customers buy from each manufacturer. Find all symmetric Nash equilibria.
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