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consider a firm using labor and capital as its only inputs the price of capital is 40 where the price of labor wage is
consider two countries frugalia and prodigalia we can call f and p in both countries the production function is
an economy starts with 10000 in currency all of this currency is deposited into a single bank the required reserve
1a discuss the effects of a tightening monetary policy in the short-run and the long-run what are the key assumptions
assume that the mpc is 089 if there was an 75 billion autonomous increase in expenditures what would the total increase
the aluminum industry faces a private marginal cost curve pmc 2q and a market inverse-demand curve of pd 60 ndash qd
which of the following is the best definition of money 1 anything generally accepted as a payment for goods or
a year of unusually bad weather for agriculture would1 increase sras but not lras2 increase sras and lras3 decrease
since all the hawkins companys costs other than advertising are essentially fixed costs managers want to maximize total
educational reforms begin to significantly raise test scores of graduating high school seniors in the united states and
fiscal policy changes automatically when output and employment fluctuate a explain why tax revenue changes during a
you are the manager of a gas station and your goal is to maximize profits based on your past experience the elasticity
a portfolio has 119 shares of stock a that sell for 33 per share and 95 shares of stock b that sell for 20 per share
a substantial increase in marginal tax rates will most likely encourage individuals to choose question 13 options 1 to
explain how each of the following will affect money supply money demand the interest rate the price level and real gdp
you are the manager of a firm that produces output in two plants the demand for your firms product is p 78 - 15q where
im confused how to figure out optimal price when marginal cost is 0 like in the following problema local tailor has two
if the us dollar depreciates in relation to the japanese yen then question 3 options 1 us consumers would find japanese
assume that the following equations characterize a large open economy1 y 2gt2 y c i g nx3 c 12y ndash t4 i 2100
consider fines for speeding assume that speeders can drive at either 75 mph or 90 mph the speed limit is 65 mph and
which of the following scenarios is an example of a transmission lag1--the economy enters a deep recession and congress
about john maynard keynes1 explain the 4 tenets of the classical position2 consequences of pease explain keynes
firms a and b are duopolist producers of widgets the cost function for producing widgets is cq q2 with marginal cost
describe one weakness and one strength of the gold standard do you agree with milton friedman that any system of pegged
suppose that the inverse market demand for pumpkins is given by p10-005q pumpkins can be grown by anybody at a constant