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Eagle Properties, a real estate investment and sales firm, presents a form contract to its customer Floyd, who wants to buy a certain quarter acre of land in a proposed housing subdivision that Eagle is marketing. Eagle does not pressure Floyd to sign a contract, but offers its form on a take-it-or-leave basis. If Floyd signs the form, is it enforceable
What is opportunity cost of producing a car in Canada? What is the opportunity cost of producing the tonne of wheat in Canada? Describe the relationship between the opportunity costs of two goods.
With a U.S. marginal propensity to consume, assumed at 1/2, what will happen to the following with the neoclassical model of national income if the Bush Tax Cuts expired
If instead local ordinances granted the households the right to be free from the pollution, could an efficient outcome be achieved by voluntary exchanges between the households and the O&Gs Would the households be better off or worse off than if t..
Suppose if 100$ million in excess reserves are made available to banking system, by how much can the banking system increase the money supply?
Explain when we look at the macro economy the similar terms are known as Aggregate Demand
which are the endogenous variables (y & x3) and the exogenous (Z, X2). also which equation is identified or not identified or overidentified, an explination as to why this is would be great.suppose you have the following simultaneous equations mode..
Suppose a closed economy which has suffered from a sub prime crisis. During such a crisis households and bankers often become more cautious.
Illustrate what will the new level of nonborrowed reserves. If interest rates do not change, what will be the new level of total reserves.
Consider total cost and total revenue given in the table given below, Compute profit for each quantity. How much should the firm produce to maximize profit?
Elucidate the difference between GDP and GNP. What adjustments needs to be made to GDP to arrive at GNP.
Suppose which major function of profit is to allocate resources according to consumer preferences
Use the above data to answer the following questions-If the price of entertainment increases by 2 percent, what will happen to the quantity of food demanded? Please be specific
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