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Consider a market for fish whose market demand and market supply for fish are specified as Qd = 300 - 2.5 P and Qs = - 20 + 1.5 P respectively. The government decides to impose a price floor of $50 per ton. What would be the resulting market distortion?
COMPARE AND CONTRAST KEYNESIAN THEORY AND CLASSICAL MODEL
discuss different forms of foreign exchange regimes
what cause balance of payment curve to shift
Explain the Real wage with example Consider following scenario. You work full time and during January 2008 you make 2000 euro after tax. A specific basket of services and good
Climate and terrain in several South American countries are conducive to growing coffee efficiently. While other countries can grow coffee, they are not as efficient and effective
Could you explain the "interest rate effect" in terms of the slope of a curve?
effects of a real wage existing in the market that is lower than the equillibrium real wage. what will eventually happen in this labour market if it is perfectly competitive
conditions for steady state in solow model.in what respects is golden rule different from steady state?
#five differnces between a monopoly market and a monopolistic market
Q. Definition of Money? Before talking over macroeconomic models we should define what we mean by money. Money has aninteresting and long history and an understanding of how we
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