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If the final change in output for the economy as a whole is $119.6 billion, unemployment is 6.2% and there had previously been an initial increase in government spending of $46 billion, what is the value of the multiplier? Round your answer to one decimal place.
A stock has an expected return of 13.2 percent and a beta of 1.18, and the expected return on the market is 12.2 percent. What must the risk-free rate be?
What would be the equilibrium price? What is the equilibrium quantity?
According to studies undertaken by the Department of Agriculture, the price elasticity of demand for cigarettes is approximately -0.3 and the income elasticity is approximately 0.5.
Pick one of the characteristics of a perfectly competitive firm and explain in detail why it may not hold up in real-life. Use a specific example to illustrate your answer.
The respective forecasts were 120 for all four years. Illustrate what is the resulting MAD value that can be computed from this data.
Suppose two firms supply the market for computer chips and their products are perfect substitutes. The firms choose what quantity to produce independently, i.e. compete as Cournot. What is the one-period Cournot-Nash equilibrium output and price? Wha..
Which of the following would most likely serve as an example of a monopoly?
Suppose that the price of IPATH increases by 5%,at the same time the price of laptops falls by 3% and income elasticity increases by 2%.
HomeGrown is a small restaurant that specializes in serving local fruits, vegetables and meats. The company has chosen to enter into a long-term relationship with Family Farms, a local farming operation. The two parties have decided to enter into a l..
Think of a real-life example of a profit corporation or small business with which you are familiar.
In the United States, marketing cooperatives are most commonly found in the agriculture industry. According to the total revenue rule, if the coefficient of price elasticity of demand is less than 1 and if price goes. If the coefficient of elasticity..
If a firm faces consumers who are very sensitive to prices,
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