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back in the 1950s a piece of gum was 5 cents and today it is 1 inflation has occured so that does that mean that people
you now should realize how important it is for economists to try and predict future conditions of the us economy
discuss your understanding of the seeming conflict between economic growth versus equity specifically does the congress
examine the level of business activities in the us economy over the past few months which trends do you find of
jonathan borrowed 10000 at 6 annual compound interest he agreed to repay the loan with five equal annual payments at
a purely competitive firm finds that the market price for its product is 3000 it has a fixed cost of 10000 and a
consider an overlapping-generations model with inside and outside money where the rate of return on inside money is x
1 what is the difference between the study of microeconomics and the study of macroeconomics provide two examples of
assume that fiat money and capital are perfect substitutes as assets and that individuals wish to hold the one with a
consider an economy inhabited by overlapping generations of two-period-lived individuals each of whom receives an
the following table depicts the daily output price and costs of a monopoly dry cleaner located near the campus of a
after your review of the united states constitution and in consideration of the controversy amongst republican party
the solow model focus on how resources affect output this moduleweek you focused on capitalname the other two major
the rule of 70 applies in any growth rate application letrsquos say you have 1000 in savings and you have three
14 million americans are addicted to drugs and alcohol the federal government estimates that these addicts cost the
please consider a product that has five different price points per unit 100 200 300 400 and 500 find out the
compute elasticities of demand and explain briefly for each the relevance of this information in decision-making by the
assume that the job separation rate s is 001 1 per month and that the job finding rate f is 02 20 per monthassume that
use the principles of supply and demand to address a predetermined goal set by the student be clear on what the current
suppose you are faced with demand p10-2q and your current production supply is 10 what price should you charge to sell
a coffee retailer bobrsquos developed the following daily demand curve for coffee for your town nyq 500 - 300p 200pc
suppose you have the generic demand curveq 3000 - 400p ndash 300p1 200p2 005mwhere p is the price of the good p1 and
a producer of synthetic motor oil for automobiles and light trucks has made the following statement one quart of
suppose that the initial output equilibrium was 200 units assume that the consumption function is c2508ydsuppose there
consider an economy with the following cobb-douglass production functiony5k13l23a derive the equation describing labor