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let us assume you and ten of your friends are going to open and invest in a business you do not want to pay double taxation on the profits you want a
which will cause a larger short run increase in prices an anticipated or unanticipated increase in aggregate demand will they cause the same increase
apply the rule of 70 to solve the following problem real gdp per person in mexico in 2005 was about 12000 per person while it was about 48000 per
demand and supply curves for cigarettes are given byqd frac128p12 and qs 4p2where p is the price of cigarettes in dollars and q is in millions of
suppose you are studying the market for shoes two events take place simultaneously first price of leather decreases and second consumers income
why is this you would think that at lower prices a consumer would want to sell more of a product to make up in the difference of profit they are
consider a firm that faces an upward sloping supply curvesince the firm faces an upward sloping curve it will not pick e equilibrium level of
if unemployment insurance were so generous that it paid unemployed workers 90 of their regular salary a the official unemployment rate would probably
the us treasury isnt the only issuer of bonds corporations also issue bonds that have future payment structures like us treasuries of course unlike
assume that the treasury is currently running large surpluses tax collections exceed new government spending on a supplydemand diagram show the
draw a supplydemand diagram of the market for loanable funds in the us use the interest rate as the price of loanable funds on your diagram show the
describe an industry that would meet the conditions of a perfectly competitive industry which areahere are many buyers and sellers so neither side of
suppose that there is a decline in the cost of a unit of capital in the long runa what will be the substitution effect of this change on use of
imagine you were studying marxism together with a friend and the friend said to you doesnt the labor theory of value imply that people should write
given the following information for november 2010 calculate the amounts of m1 and m2 in november 2010 the amounts are in billions of dollarscurrency
suppose that the equation for autonomous planned spending ap ap 6200-200r and the value of the multiplier k is 25a derive the equation for the is
you observe an olympic athlete in the long-jump suppose the distance of each jump is a random variable that follows a normal distribution with mean
1 in a market system well-defined property rights are important because theyreduce unnecessary investment limit destructive economic growth create
1 a positive statement is one which isderived by induction derived by deduction subjective and is based on a value judgment objective and is
a job order cost accounting system is fully integrated into the general ledger of a company identify the major general ledger accounts used in a job
your company bright paints is one of a dozen companies manufacturing a special reflective paint used for traffic signs the state department of
in the old days lighthouses were built along the coast to prevent ships from runnung around on the rocks in unfamiliar ports by shining a beam of
consider the isle of lucy a country initially characterized by government regulations that require detailed reporting of the activities of firms to
1 under a strict command and control framework suppose abatement standards are set equally across polluters assume the total abatement target is set
in a complex assembly operation it is found that the learning curve rate is 70 the standard time of 3 minutes per assembly is reached after the 110th