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Illustrate what is the difference among absolute also comparative advantage. And, will a nation always be an exporter of a good where it has an absolute advantage in production.
Elucidate for aggregate demand and supply changes both in the short run and long run with the given situation.
Explain when a recession is over, do people begin to immediately feel the effects of an efficient economy.
Compute the simple money multiplier given the following reserve requirements. Illustrate what is the amount the bank is required to keep as reserves.
Elucidate whether the following issues are macroeconomic or microeconomic also explain why you categorized them in that way.
Illustrate what are the three main motives behind why people hold money. Explain the opportunity cost of holding large quantities of cash.
Illustrate what is the short-run effect on unemployment. Illustrate what is the long-run effect on unemployment.
Explain why are economists which support the quantity theory of money more likely to support a monetary policy rule than economists who support institutional theories of inflation.
Illustrate what three assumptions convert this equation into the quantity theory of money.
Discuss each of the assumptions and their implications, for each of the following models.
explain briefly how different goals and incentives for the principal and agent can lean to problems for that bussiness.
Assume you have hired a new employee unfortunately you do not know if the worker is a shriker or a hard worker.
Exactly distinguish among the two types but knows the probablities of each type. In this market for loans what would be the result.
Draw some of her indifference curves also show with a small arrow the direction of increasing utility. Label on the graph the optimal consumption bundle that she chooses.
Describe whether economic profit is greater than accounting profit also explin with an example.
Suppose that the original cost per copy of offset printing is $b. Elucidate the average price curves for each printer.
Illustrate what is the economic price of shipping the machine by boat and decision making as per the result.
Describe pretax accounting profit for the first year of this venture. Elucidate how each ecconomic profit.
List out and explain briefly about one positive also one negative externality associated with government sponsored gambling.
Illustrate what would your linear demand curve look like on a graph. What is the quantity demanded in each case.
what would happens to the equilibrium price also equilibrium quantity as the result of a highly publicized nutrition study which indicates that eating bacon will cause skin cancer.
what happens to the equilibrium price and equilibrium quantity when there is a massive flood.
A graphical description of what happens to the equilibrium price also equilibrium quantity when the household wage throughout the economy increases.
Identify alternative solutions to meet the end-state goals. Analyze and evaluate the alternatives that you identified.
Discuss the role of technology, R&D, and efficiency within the market model.