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which of the following is a condition required for the practice of price discriminationa the firm must be a perfect
which of the following is an example of the prisoners dilemmaa firms in an industry increase their advertising
consider a simple economy in which investment is constant and equal to 100 billion there is no government or foreign
explain how the following would impact the money supply a people decide to hold more cash b banks hold more excess
use the supply and demand for reserves to show what happens to the federal funds rate when the fed decreases the money
suppose the fed purchases 250 million worth of securities from banks if the currencydeposit ratio is 06 and the fed
if the current inflation rate is 33 potential gdp is 169 trillion and actual gdp is 157 trillion what is the
the following equation represents the weekly demand that a local theater faces qd 2000 - 25 p 2 a where p represents
what are the three traditional tools of monetary policy describe the mechanics of how each change the supply of money
if the market for lemons describes the traditional market for used cars what happens to the quantity of cars boughtsold
part 11 an economy comprises two consumers 1 and 2 with two consumption goods bi-cycles b and wheat both consumers have
1 budweiser now owned by a belgium based beer company called inbev miller and coors who together produce 85 of all beer
1 considering the value of a financial instrument the bigger the size of the promised paymenta the less valuable the
name the current members and current alternate members of the federal open market committee by name and institution
arrow impossibility theorem states that a social choice function satisfying certain basic properties does not generally
the goal of the supplier of a product or service in a market economy isa the use of scarce resources subject to the
economists make a distinction between changes in quantity demanded and in demanda because the supply curve shifts
if the price of seiko wristwatches increases from 125 to 200 and as a result the number of seiko wristwatches purchased
most prices area determined by the conditions in a marketb set by the government regulationsc chosen by a bureaucracy
quantity demanded is graphically represented by a while demand is graphically represented by a a line pointb
consumers make decisions based ona full pricesb money pricesc transaction costsd absolute
the law of supply indicates thata there is an inverse relation between price and quantity suppliedb there is a direct
graphically an increase in supply can be shown asa a rightward shift of the supply curveb a leftward shift of the
true or false1 the purpose of graphs is to demonstrate the relationship between variables2 if society is operating at a
1 which of the following is true for a market with no externalities under perfect competitionmarket equilibrium gives