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What is the difference between quantity supplied of bonds and a supply of bonds? First, use your own words to describe this difference and then illustrate the difference using two separate, properly labeled graphs (keep in mind that each of them will be a bond market). Give a factor that causes the quantity supplied and supply to change and explain which direction the quantity supplied and supply will change if there is an increase in this factor.
What kinds of people are most likely to have their utility reduced by such a law. Why do you think that the government requires such insurance.
In the specific factors model predict who seeks protection against trade and who does not. Explain your answer. How does your answer change in the Hecksher-Ohlin model? Explain
Fiscal policy refers to change in
Calculate the variance of x=(6, 8, 10 ) BY HAND, showing all the necessary calculations. Calculate the variance of x=( 1, 4, 2, 5 ) BY HAND, showing all the necessary calculations. Calculate the standard deviation of x=( 1, 4, 2, 5 ) BY HAND, showing..
Suppose it is decided that rent control in New York City will be abolished and that market rents will now prevail. Assume that all rental units are identical and so are offered at the same rent. Use a diagram to show the effect on the rental market ..
The overall population for Region A is 95 million people. The labor force contains 67 million people. 32 million people are employed, while 35 million are unemployed. What is the unemployment rate? Round your answer to the nearest whole number.
If the population of Romania was about 22 million in 2010 and the average population growth rate is 0.2 percent, then calculate Romania’s population level in 1970.
Illustrate a firm in monopolistic competition that does not make a profit but rather a loss. Now illustrate how firm exit will change demand in the long run, allowing at least some firms to break even.
Gail works in a flower shop, where she produces 10 floral arrangements per hour. She is paid $10 per hour for the first eight hours she works and $15 an hour for each additional hour she works. What is the firm’s cost function? What are its AC, AVC, ..
Why would nations favor fixed vs. floating exchange rates for their currencies? Why do some developing nations have a “fear of the float?
Suppose that the level of capital in the economy is 200 units, the depreciation rate is 10%, and the level of investment is equal to 10 units. In this case:
What output level will the competitive firm choose in order to maximize its profit? What is the price at this output level?
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