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presume richard has an after-tax income of 500 per week and should spend it all on food or clothing if food is 5 per
sarah has 300 to allocate between movie tickets and opera tickets the price of each opera ticket is 60 and the price of
describe the impact of a change in the slope of the phillips curve on the ad curve the sras curve and the lras
according to chapter 16 which deals with fiscal policy a tax reduction can be utilized as an expansionary fiscal policy
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critics of federal banking policy argue that deposit insurance is a key reason for banking failures the banks enjoy a
presume that you were offered 3000 to be delivered in one year and presume that you had an alternative of putting money
micro economics discussion questions1 how is the fact that more low-income families are sending daughters rather than
micro economics1 the united states is a net exporter of services to china what does this imply about the magnitude of
ken loans his grandson rex 20000 at 55 percent per year to help pay for executive chef schooling in florida rex
under what conditions will a firm shut down operations in the short run identify an example you are familiar with or
presume that the nominal rate of interest is four percent and the inflation premium is one percent1 what is the real
1 presume richard has an after-tax income of 500 per week and should spend it all on food or clothing if food is 5 per
describe why the labor theory of value of the classical economists supports the conflictual view of the market economy
1 what is malthusrsquo theory of effective demand2 what is malthusrsquo solution to the problem of general gluts3
is economics a science why or why not use detailed examples and counter-examples demonstrating your grasp of this
a firm with market power charges a price that is than the price charged by a perfectly competitive firm a potential
if a price taker raises its price above the market pricea its total revenue will fall to zerob it will lose some but
the amount of market power a firm has depends ona how large it isb how easily consumers can be fooledc the closeness of
a monopolista is constrained by a downward-sloping demand curveb has no incentive to worry about the quality of its
presume the utility function for a firm manager is u icirc bq where q is output icirc is profit and b is a positive
agree or disagree and justify your answer if the distribution of u in a population regression model is not normal then
what are the major factors that determine investment and what impact does each have on aggregate
there are four of you in a group- representing the individuals with currency in an economy each of you has 100 use this
suppose a third project will cost 20000 today and yield a return of 2500 a year indefinitely what is the present value