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do some research and find the inflation rate and the level of unemployment in the us economy for the past 40 years is there a relationship between
in 2010 wonderlanders consumed 15 million liters of rum at an average price of 5 per liter the wonderland department of commerce has estimated that
given the data in the table below provide an estimate of the arc price elasticity of demand for green and chai tea chai tea price lb 104 105 chai tea
a monopoly has a total cost function of cq 8q and faces a market demand q 100 2pa calculate the deadweight lossb the firm now spent an amount
the entire market is capture by a single firm which can produce at a constant average and marginal cost of ac mc 10 the firm faces a market demand
assume a market with demand q 16p--2 that is supplied by a monopoly with costs cq 6 q281 calculate the equilibrium price output and monopoly
suppose the inverse demand curve for a market is equal to p 100 -- 03q the inverse market supply curve is p 20 05q1 calculate the equilibrium
let kids denote the number of children ever born to a woman and let educ denote years of education for the woman a simple model relating fertility to
list and briefly describe the principal causes of high population growth in developing countries and the major
explain the notion of the hidden momentum of population growth why is this an important concept for projecting future population trends in different
explain using the best framework you can think of based on our class discussion the effect of a large federal deficit on interest
briefly explain the dynamics of the 2007 financial crisis in terms of adverse selection and moral
critically explain why interest rates are pro-cyclical using the supply and demand for bonds
suppose the bank of canada announces that it will raise the money supply in the future but does not change the money supply today using the fisher
how could utility theory help us understand the difference between a federal income tax and a federal sales tax on consumer consumption
pine village needs some additional recreation fields construction will cost 225000 and annual oampm expenses are 85000 the city council estimates
show the effects on the price level and real gdp of a major union wage settlement that significantly increases wages is this a supply shock a demand
explain what convex indifference curves means in terms of marginal utility what properties must a utility function have in order to obtain convex
consider the following homogenous difference equation xtb0b1xt-1a iterate backwards xt can be written in terms of xt-2b now show xt can be written in
take a look at the sugar market us demand q60-23 p us domestic supply qp also the us could import any quantity from world producers at us 10cents per
consider a market for fish whose market demand and market supply for fish are specified as qd 300 - 25 p and qs - 20 15 p respectively the
consider a market for fish whose market demand and market supply for fish is specified as qd 300 - 25 p and qs - 20 15 p respectively the
suppose that the market labor supply and labor demand equations are given by qs 5w and qd 30 - 5w if a minimum wage is set at 400 w 4 then how all
suppose you serve on an environmental policy planning board for the federal government your task is to propose a policy initiative aimed at reducing
by what percentage did the price level as measured by this index rise between 1984 and