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1. Why are credit networks indispensable to any civilization?
2. What mean mobile platforms and what kind the service he give to the firm or the customer.
3. True or False? The quantity theory of money shows that money supply is perfectly correlated with the price level. This is true when there is unemployment in the economy.
The management of the Mini Mill Steel Company estimated the following elasticity for a special type of steel it produces: Ep=-2, Ei=1, and Exy=1.5, where X refers to steel and Y to aluminium. These are, respectively, the own-price elasticity, income ..
Should one distinguish between economist’s descriptive statements, propositions, and predictions about the world, and their statements about what policies should be adopted?
What is the cost-effective pollution level for each plant if total pollution must equal 100? Suppose the city government knows marginal reduction costs at the two plants. In this case, could the city obtain cost-effective pollution reduction using a ..
In a diagram of the equilibrium model of bank reserves, identify the discount rate, the interest rate on reserves and the federal funds rate. Make sure you label everything clearly.
Why would a unionized firm be likely to pay a greater portion of hourly compensation in the form of employee benefits, such as pensions and life insurance, than a nonunion firm?
Calculate equilibrium level of income in goods market if i=10 also calculate equilibrium level of income in money market if i=10.
WSJ's Justin Lahars reports that counties throughout the U.S. have seen employment declines that can be attributed to the importing of inexpensive goods from China.
How does an outflow of FDI benefit a home country? Take the case of an outflow of FDI/MNCs from the US and explain at least four benefits that the US expects from its overseas investments/investors.
Find out equilibrium cost and quantity. Illustrate on your graph how a rise in cost of automobiles would affect gasoline market.
Assume that labor demand for low-skilled workers in the United States is: w = 24 – 0.1E where E is the number of workers (in millions) and w is the hourly wage. Assume there are currently 120 million domestic U.S. low-skilled workers who supply labor..
Suppose a uniform pricing monopolist’s price equation is P(Q) = 100 – 2Q; the uniform pricing monopolist’s marginal revenue is MR(Q) = 100 – 4Q; the uniform pricing monopolist’s total cost is C(Q) = 2Q2 + 12Q + 50; and the uniform pricing monopolist’..
Incomplete information frequently lowers the average quality of products and services exchanged in markets. This phenomenon, at times called the "lemons problem," explains why the supply of lower-quality products increases relative to higher quality ..
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