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Use the table below to answer the following question:
A B C D E F
cups 0 100 200 300 400 500
plates 420 400 360 300 200 0
a) if they currently at point B, what is the opportunity cost of 100 additional cups?
b) if they currently at point D, what is the opportunity cost of 100 additional cups?
Illustrate what is equilibrium level of Aggregate Expenditures in this economy. At equilibrium, illustrate what is level of Consumption in this economy.
Elucidate how closely do real world conditions match the charateristics listed in the model. Do they compete using price. Is the good in question standardized.
Which of the subsequent is always true after an economy reaches balanced growth equilibrium.
An MRI machine in a MD's office is MARCS 5-year property. It costs $258,679 and has an expectes useful life of 6 years, at which point, the salvage value is expected to be $2,753. Assuming MACRS depreciation, what is the book value at the end of 6 ye..
What is an absolute advantage? What is a comparative advantage? Give an example where you have an absolute but not a comparative advantage. Why should we specialize and trade?
Which of the following was not a contributing cause of the decline in investment and thus the recessionary expenditure gap occurring during the U.S. recession of 2001.
In the international environment, it is apparent that China is making large investments in the global financial markets in their shift away from exports. Is there a connection between China's exports and its financial investments in other countries?
Assume the interest rate is 5.75 %. how much do you have to deposit each year make sure that 8,000 can be withdrawn for the 4 years?
Determine one possible combination of government spending increases and tax increases that would accomplish the same goal.
The value of the recreation has been conservatively set at$0.50 per hour. At a discount rate of 3% per year, what is the B/C ratio for the project?
Find the Nash equilibrium of this Bertrand game and find the equilibrium output and profit for each firm.
Both banks that each of their entire $20 million loan package will be written off as bad loans. Will any of the two banks survive this crisis? Explain carefully.
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