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suppose that the us economy is initially in long run macroeconomic equilibrium an increase in the corporate income tax
rational expectations imply that households and firms are forward looking what does that say about the importance of a
what is the difference between economic profits and accounting profits and how does this difference matter for actual
perfect competition is a market in which there are many firms each selling an identical product many buyers no barriers
macroeconomics questionswhat is the permanent income hypothesiswhat are precautionary
suppose fiat recently entered into an agreement and plan of merger with case for 43 billion prior to the merger the
all of the following are directly affected by changes in the real interest rate except a consumptionb investmentc
during the process of properly conducting a pat down of a man for weapons an officer felt an object which might have
a police officer stops a subject based on reasonable suspicion that the subject is about to engage in criminal conduct
opponents of free trade often argue that trade with other countries destroys domestic jobs it threatens industries that
the legal standard of proof that permits an officer to conduct a stop and frisk isa reasonable suspicionb probable
in the course of conducting a valid stop and frisk for weapons if the police officer discovers evidence of another
which of the following is not considered one of the three kinds of citizen-police encountersa voluntary encounter where
draw the budget constraints indifference curves and the income consumption curve for a good bagels that has an income
consider two maple syrup producers that engage in cournot competition inverse demand for maple syrup is given by pq 16
consider bertrand competition but with differentiated products the products are mishkarsquos coffee and temple coffee
consider bertrand competition with homogeneous products two firms 1 and 2 produce an identical product and compete by
suppose the airline industry consists of two firms a and b these two firms engage in cournot competition with each
in a price taker market with a total fixed cost 200 also given output per month 3 tons total cost 1550 price per ton
jordan and taylor are beginning to understand break-even analysisselling price to yumminess at 10 per tin the cost is 8
in the us what fiscal and monetary policy had a negative impact on its equilibrium of prices how could a free market
if an individualrsquos labor supply curves slopes forward at low wages and bends backward at high wages is leisure a
since 1979 low income recipients have been given food stamps without charge however before 1979 people bought food
1 what were the main characteristics of economic growth in latin america from the end of world war ii until the debt