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What would happen to short- and long-run aggregate supply if unusually good weather let to bumper corps of most agricultural produce?
What would keep wages from falling quickly in a recession?
What is a recessionary gap?
Why could you say that supply-side economics is really more about after-tax wages and after-tax returns on investment than it is about tax rates?
Explain was the demand for its hamburgers elastic or inelastic. Evaluate the accuracy statement.
Illustrate what was the cost of recalls per year before the software was purchased if the company did exactlyy recover its investment in 4 years from the 10% reduction.
Illustrate what is the best measure of economic well being of individuals in society.
What is the external cost per unit of output?b. What level of output will be produced?c. What level of output should be produced to achieve economic efficiency?
If the dollar is devalued against gold and the pegged rate is changed to $40 per ounce, illustrate what does this imply for the exchange value of the pound. Explain your answer.
When one person saves which person's wealth is increased, meaning which he or she can consume more in the future. But when everyone saves, everyone's income falls, meaning which everyone must consume less today. Explain this seeming contradiction
Prepare a brief note to be sent to Henry explaining possible reasons why his strategy price cutting failed
Suppose Microsoft chooses to produce 80 million copies of software per year and sells copies of software to retailers at $199 per copy. Now consider problem of a retailer like Circuit City or Best Buy.
Provide all these factors that affect supply, is the long-run supply for apples likely to become more elastic or more inelastic than the short-run supply.
Give an example of an event or incident that has taken place in the U.S. economy which has a major economic impact--be specific, e.g., 9/11 attack,
The total demand as well as for money is equal to the transactions demand as well as plus the asset demand as well as for money.
Each of these two cash-flow series is equivalent to a third series, which is a uniform gradient series. What is the value of G for this third series over the same five-year time interval?
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