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Calculate the Lerner Index for the monopoly described in the question above.
Calculate the forward discount or forward premium for the following spot and three-month forward rate:
Define and draw the PPC for hypothetical country that produces coconuts and meat. if this economy chooses only to produce coconuts, it would be able to supply 400 kgs of coconuts per day. it would
If the marginal propensity to consume in an economy is 0.8, net exports are zero, and government spending is $33 billion at each level of real GDP, the slope of the economy's aggregate expenditures
Use the asset market equilibrium model to trace short-run effects on the exchange rate, interest rate to the following situations:
The downturn in economic activity or recession in 2007 and 2008 forced many firms to develop new competitive strategies to survive. Find examples of these strategies in various business publications
The owner of a small hardware store-the only one in a medium -sized town in the mountains-has just learned that a large home improvement chain plans to open a new store nearby.
Comment on this statement. Do you agree with the speaker? Explain. Illustrate your answer with the use of a graph indicating the firm's short-run cost structure.
What are the types of business organization/company forms from an economists's point of view? Also best social interest as well as cons and pros
Compare the additional revenue Circuit City makes as it moves from 2 million to 4 million copies of Vista with the additional revenue it makes as it moves from 4 million to 6 million copies of Vista
Which of the following would increase investment, while leaving an existing investment demand curve, say, ID2, in place?
Suppose that in a closed economy GDP is equal to 8,000, Taxes are equal to 2,000, Consumption equals 5,000, and Government expenditures equal 1,000. What are private saving and public saving?
If the marginal propensity to save in a closed economy is 0.25 and a lump-sum tax is imposed, the slope of the economy's aggregate expenditures schedule will be:
What are some of the limitations of the national income accounts in how they represent our standard of living?
China and Japan do a lot of international trade with each other. If both countries begin in general equilibrium and then the Peoples' Bank of China (the central bank) engages in an autonomous moneta
Calculate the marginal product of labor when 9 units of labor are utilized. Suppose the firm can hire labor at a wage of $10 per hour and output can be sold at a price of $100 per unit. Determine the
Assume that two UK government bonds have same face values with £100. One has an outstanding maturity of 2.5 years. Its coupon rate is 9.75% and coupons are paid semi-annually. If investors dem
Suppose the consumption function is C = $500 billion + 0.9Y and the government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially (before multiplier
Use the endogenous growth model to determine the e?ects of this on the paths of aggregate consumption and aggregate output overtime. Is it clear that this investment in the new schools a good idea?
What is 'Crowding Out' effect and 'Automatic Stabilizers'? What impact do they have on the economy? This is a discussion question there is no word limit but should be answered fully.
What are the main differences between Lenin's theory of how to bring about socialism and that of Bernstein's?
What is the shape of an indifference curve if there are economic bads on both axies? e.g. pollution and garbage?
What are the similarities and differences of isoquants and isocosts?
Why do national income accountants compare the marker value of the total outputs in various years rather than actual physical volumes of production? What problem is posed by any comparison over time
Where does the government get there money for a social program such as unemployment checks? What other souses of income do they have other than taxes?