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Q. When US assets are more attractive to foreign investors, what happens to demand for dollars vs demand for a foreign currency? Demand for US dollars increases (demand curve shifts) At a Phoenix game, 150,000 tickets were sold at $45 a piece, game was sold out and some people didn't get tickets. This says what about selling price and equilibrium?
A major state university in the South recently raised tuition by 12%. An economics professor at this university asked his students, "Due to the increase in tuition, how many of you will transfer to another university.
Illustrate how fast will his production and consumption grow over time. Compute the consumption of the farmer in each of the first five years under plans.
Is this analysis consistent with the proposition which money has real effects in the short run but is neutral in the long run.
Illustrate what is the average labor productivity, in terms of square feet per painter-hour.
Consider a perfectly competitive market. Analyze and explain in detail using graphical tools to show what you expect to happen to number of firms and firm profitability in the short run and long run.
Assuming the policymakers do nothing, use the diagram below to show the effects of the consumer pessimism on aggregate demand.
Illustrate what price should the firm charge if it wants to maximize its profits in the short run. What arguments can be made for charging a price higher than this price.
A Monetary History of the United States, 1867-1960 uncovered the empirical reality that money is pro-cyclical and leading, the classical economists went to the drawing board.
Some economists argue that only unanticipated increases in the money supply can affect real GDP.
A firm employs 8 units of the variable resource. at this level of employment, average product is 2, and average variable cost is $4. Explain how much output is the frim producing.
Does player 1 have a dominant policy also if so Illustrate what is it or does player 2 have a dominant policy also if so Illustrate what is it.
Management predicts that if the strike is successful the cost of worker will increase to $100 per day.
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