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Suppose you earn $6000 per month and spend $200 in each of the months 30 days. If you deposit $2000 into your checking account on the 1st, 11th and 21st days of the month, what's your average money holding
discuss the implications of varying price and income elasticities for the bundling or unbundling of consumer services
John have many ice cream stores located across the nation. John does not like to work evenings and employee Marcy to work the store in the evening for $7.50 each hour.
What are the values of the intercepts for the horizontal and vertical axis and What is the slope of this equation - What is the slope of this equation
If the size of the expenditure multiplier is a = 2, show the effect of an increase in government purchases by DG = 200 on income and the interest rate.
For a normal good, explain the difference between the income effect and the substitution effect using an appropriate diagram
What is a monopolistic competitive firm Given the same resources with a firm in a perfectly competitive industry, how could output and prices (of output) be different for both firms
corn prices are up more than 60 over the last seven weeks as the worst drought in more than half a century blankets the
Presume that each firm must make an upfront investment of $1000 to enter the market and t that your competition has already paid this investment and chosen is non recoverable (sunk). Must you make te $1,000 investment and enter the market? If so, how..
The airline business is characterized by high capital costs and low profits. Wouldn't competition make the situation worse? Why or why not?
what is the full definition of imports and exports tell me all about international trade and domestic trade. what are the advantages and disadvantages of imports and exports of goods what are the problems of exports and importsof goods
1. suppose that an individual has a utility function uc h lnc hcrepresents consumption of a necessity good such as
Consider the following aggregate expenditure model of the Canadian economy operating with givenwages and other factor prices, price level, interest rates, exchange rates, and expectations:
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