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Suppose the nominal rate of interest on a bank certificate of deposit is 12 percent. What would be the effect of an inflation rate of 13 percent?
Some commentators on the Chinese economy have argued that the opportunities for investment based growth have run their course and that major problems of underutilised capital equipment and unemployment of workers are inevitable, especially when th..
Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic.
Write the model in matrix form and determine the equilibrium values of national income, consumption, investment, and tax.
Paper based on a current events news story related to economics - You should choose a news article dated within the previous two months and analyze the issue or issues discussed in the new article using economic concepts from class.
Industry structure is often measured through calculating the Four-Firm Concentration Ratio. Assume you've an industry with 20 firms and the CR is 30%. How would you describe this industry?
What is the rationale for taxpayer support of the separate and costly hospital system of the Department of Veterans Affairs? About 350 words with one reference.
Assuming that the LAS Curve remains stationary and does not shift, if an economy is at its potential output, an expansionary macro policy will cause real output to:
Given the below supply and demand equations for computers, The company decides to increase its marketing expenses to boost its sales and the new supply equation is P = 90 + 3Q and the new demand curve is P = 280 – 2Q. Discover the new equilibrium pri..
Confirm that firm 1's optimal price depends on P2 according to P1 = 52.5 + .25P2. (Hint: Set up the profit expression Ti1 = (P1 - 30) Q1 = (P1 - 30)(75 - P1 + .5P2) and set MTi = hTi1/hP1 = 0 to solve for P1 in terms of P2. Alternatively, set MR1 ..
education is an example of a positive externality acquiring more education benefits the individual student and having
What is meant by testing a hypothesis? What is the general procedure and What is meant by type I and type II errors?
Determine the equations for AFC (average xed cost), AVC (average variable cost), ATC (average total cost), and MC (marginal cost). Graphically illustrate the relationships to one another. EMBA 504: Strategic Competitive Analysis
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