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What would happen to each of the following economic varibles if the government increased the money supply by 20% per year: M1, interest rates, inflation and wages? What impact does increasing or decreasing the printing of money have on the economy (in your discussion, use the concepts of the demand and supply of money), Use the demand and supply graph to explain
Do you think lotteries have both micro and macro economic effects or only micro. how do lotteries change what and for whom goods and services are produced.
Mr. All-the-Time-Lonely has been using an internet dating service from eharmoeny.com to meet a woman. According to his past observation over a long period of time, he has been successful in dating a woman at one of ten trials on average.
The BLS estimates that in 2002, the number of working-age adults was 211.9 million, labour force was 141.8 million, and the total number of employed was 135.1 million. Calculate the following:
Describe the factors in Michael Porter's "Five Forces Model" that affect the ability of any comapny in an industry to earn a profit.
Describe what economists mean when they say government purchases are 'exhaustive' expenditures whereas government transfer payments are 'nonexhaustive' expenditures.
Manufacturing support also selling as well as administrative costs comprise both variable and fixed costs; fixed manufacturing support costs for the present year
Describe the major factors that affect the degree of competitiveness in the semiconductor industry.
Elucidate what would happen to equilibrium price and quantity in the market for Pepsi if the following occurred.
Assume two inputs, K and L. Illustrate the following cases with two graphs: (1) the substitution effect on labor hired due to a wage increase is zero. (2) the scale effect on labor hired due to a wage increase is zero.
Assume that the price elasticity of demand for good. Describe how much consumption changes.
Explain whether the following government activities is motivated by a concern about equality or a concern about efficiency. In the case of efficiency, discuss the type of market failure involved- regulating cable TV prices.
it is estimated that a particular economy has a multiplier of 2. the marginal propensity to import of the economy is
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