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when prices are p1 p2 1 2 a consumer demands x1 x2 1 2 and when prices are p1 p2 2 1 the consumer demands x1 x2 2 1
a what would we expect a positive supply shock to do to the real wage employment explainb the rate of growth in canadas
why is the debate between the international dependence and the neoclassical counter-revolution schools referred to as
1 define the natural rate of unemployment and cyclical unemployment2 how does the government measure the economyrsquos
1 what do real interest rates account for that nominal interest rates do not2 because of its vast oil reserves saudi
harts floral shop sells bouquets for special occasions annual demand is 500 bouquets the companys cost to place an
silly sally sells sea shells at the sea shore store the average and standard deviation of demand during replenishment
quality motors is a japanese-owned company that produces automobiles all of its automobiles are produced in american
1 which of the following economic changes are consistent with cost-push inflation check all that applya an increase in
there is an ongoing debate over the use of arbitration clauses in consumer contracts differences between arbitration
what is the dominant technological design of the st jude medicals industry medical device manufacturing industry
a consumer has a budget of 200 to spend on bowling b and tutoring sessions t assume that each game of bowling costs 16
with full-employment and efficient utilization of all its resources dismaland can produce 300 tanks alternatively
suppose an industry is monopolized and the demand for the product sold by the firm is given by q 200 4p at what price
which of the following is not a macroeconomic variablea interest rateb the price of milkc the aggregate price leveld
economists say that wages of most countries relative to the us are for the most part similar to their productivity
briefly discuss the differences between the ricardian theory specific factors model and heckscher-ohlin theory of
what would you expect to happen to the stock of domestic bonds in the hands of the public as r and y both increase
assuming transaction costs are small the coase theorem would predict that private parties could arrive at an efficient
if the price of good a decreases by 5 and the quantity demanded of good b increases 102 find the cross price elasticity
your insurance firm processes claims through its newer larger high-tech facility and its older smaller low-tech
four seasons hair salon is the only womens hair stylist in lake view a business consultant has estimated its monthly
lisa has a linear budget constraint and typical convex indifference curves associated with food and all other goodsa
suppose you bought a house and took out a mortgage for 50000 the interest rate is 8 and you must amortize the loan over
in april eggs cost 2 per dozen wine costs 1 per bottle your income is 120 and you buy 50 dozen eggs in may eggs cost 50