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Real Interest Rate: Interest rate on a loan, adjusted for rate of inflation. Real interest rate represents real burden of an interest payment. Real interest rates should be positive for lender to obtain any real income from the loan.
if tc is 200 what will be marginal cost?
Question 1: a) Describe the different types of unemployment that exist. b) Critically examine how monetary policy will be used to deal with inflation. c) Critically deter
Equilibrium Exchange Rate: The theory of exchange rate determination explains how demand and supply of foreignexchange interact and jointly determine the equilibrium exchange
The most fundamental economic problem is scarcity.
I have 3 questions regarding the economics of potlatch, 1.) What is the economic purpose of potlatch? I don''t fully understand this question... I believe potlatch is a gift econ
b) Why is monopoly considered to be generally against public interests, and what policy instruments can be used to regulate monopolies?
Private benefit and social benefit: Bridge the gab between private cost and social cost, and private benefit and social benefit.Under perfect market, there may be a divergence
Business sell to households in the resource markets, but households sell to businesses in the product market
Qdx=-30p+0.10+4pr+4t
how do I determine the profit-maximizing quantity of a firm for different market prices when only given TFC, TVC, and the market price
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