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Analyze how a bartender would know that the price of an exotic drink was too low or too high. Provide adequate conceptual justifications
Suppose that any money lent by a bank is always deposited in a checkable deposit and that the reserve ratio is 10%. The Fed purchases $100 million in Treasury bills. What is the effect on the value of checkable deposits at the maximum
Illustrate what are possible causes of a movement up or down along the demand curve. What are possible causes of a movement up or down along the supply curve.
Bush proposed for government expenditures in the case of a recessionary gap? What is the effect of his policies on the federal government budget?
What would it not be better to nationalize public utilities as some European countries have done. Explain.
Assume that initially equilibrium was 200 units and that this was also full employment level of income
Explain how should she reallocate her expenditures among the two goods.
Describe the distinguishing features of various forms of regional economic integration, including their benefits and costs.
Consider a monopolist facing demand curve Q = 100 - P. MC=AC=$20. Find out the monopoly price, profits, and consumer surplus.
Provide a business or political example of the prisoner's dilemma from the field of game theory. What is the payoff for each participant in your example.
Explain how does classical economics elucidate its confidence in the ability of natural forces to return the economy to its potential level of real GDP?
Utilizing the supply and demand model, explain what would happen to the supply curve during a drought. Also explain the affect on the price of water.
Compute the expected value (revenue) from each project. Compute the coefficient of variation of each project, and find out which project should the company choose. Compute the variance and standard deviation of expected value from each project.
Calculate the markup percentage also target selling price that will allow Bolus Computer Parts to earn its desired ROI of 25% on this new component.
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