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If a nation were to experience an influx of foreign labor into the market for corn production, the production possibilities frontier for the nation would:
a. shift inward due to the reduction in relative wages.
b. shift outward due to an increase in one factor of production.
c. stay right where it is because labor has nothing to do with the Heckscher-Ohlin model.
d. shift, but insufficient information has been provided to determine the direction of the shift.
Rewrite the national-income model (3.23) in the format of (4.1), with Y as the first vari¬able. Write out the coefficient matrix and the constant vector.
what are the qualitative methods of controling credit
Engineers sometimes add chlorine to pipes to disinfect water. It is desired to achieve four logs of kill. This means that the effluent concentration of microorganisms is 10 -4 tim
This release also states that the Federal Reserve is in the process of purchasing $1.25 trillion of agency mortgage-backed securities and about $175 billion of agency debt. Additio
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Explain the adjustment to the new equilibrium price from an increase in demand.
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given the market demand curve is P=a-bQ and MC=D. derive mathematicaly a perfect compettition, B monopoloy, C, Cournot Duopoly, D cournot Tipopoly, E cournot quadropoly, F Stackleb
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