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Are you concerned by certain types of government spending, even if the goal is to boost aggregate demand? How much of a break did we get in payroll taxes (starting in April 2009)? Can this help to
Martha takes 2h to knit a scarf and 1h to make a dozen meatballs. Stewart takes 3h to knit a scarf and 2h to make a dozen meatballs. what is each individuals opp.cost of knitting a scarf?
When compared to a perfectly competitive market, a single price monopoly with the same costs produce ? output and charges ? price.
Explain the fall in the price of a peso using supply and demand curves. In words, explain the equivalent rise in the price of a dollar.
New York are identical except one of them is near a toxic waste dump. If homes near the dump sell for an average of $40,000 and the other homes sell for $90,000, the external cost of the dump is?
Barney was charged $123.00 for 3 days and 300 miles, while Mary was charged $216.00 for 5 days and 600 miles. What does Best Rental charge per day, for mileage?
Expected sales next year are 40,000 units with a standard deviation of 4,000 units. Determine the probability that Cool-Aire will operate above its break-even point.
A perfectly competitive firm produces in a market where the prevailing price is $25. at its current output level of 10,000 units, its average total cost equals$15. the firm is earning?
If next month's income is forecast to be 2,000, the price of competing goods is forecast to be $20, and the price of widgets will be set at $30, forecast sales. What will sales be if the price is dr
What type of activities can discourage the multiplier? what about the people that just used it to pay off credit cards or pay late bills, it would have a much smaller impact.
Explain the effect of government setting the price of wheat. Indicate what happens in the market for fried chicken wings if the price of hamburgers increases.
Derive the equations that: i) determine the future stock of capital per worker (k') as a function of the current stock of capital per worker (k); ii) solve for the steady state capital stock per wor
Suppose the consumption function is given as. What will be the cumulative effects including the multiplier for each of the above three policy choices?
Analyze whether a strong U.S. dollar exchange rate is always good for your firm locally and internationally. Why or why not?
Suppose the production function for widgets is given by. Does the widget production function exhibit constant, increasing, or decreasing returns to scale?
Consider two firms, A and B, that produce super computers. Does a Nash equilibrium exist ? (Answer yes or No). If a nash equilibrium exists, give the payoffs.
What are some of the damaging effects deflation has on an economy? What would be a monetary policy prescription to reduce or eliminate deflation?
(a) Why was the CCC created?(b) Why is the CCC made a profit center? (A) Mengapa CCC dibuat (b) Mengapa CCC? Membuat profit center?
Ed = 0.8 in the $6 - $10 price range. In this range of demand, by what percentage would quantity demanded change if price changes by 10 percent?
If you were a manager at Pepsi Co, would you try to convince your colleagues that introducing the new soft drink is the most profitable strategy? Why or Why not?
But they do know that the probability the game will end after a given play is θ . If θ is sufficiently low, can players earn more than they could in the one-shot Nash equilibrium?
Suppose this game is infinitely repeated and the interest rate is 5%. Can the players achieve payoffs that are better than the one-shot Nash equilibrium? Explain
Suppose the players know this game will be repeated exactly three times. Can the players achieve payoffs that are better than the one-shot Nash equilibrium? Explain.
If government takes the steps to balance its budget what would be the effect on your personal financial situation and the company or organization that you are involved with or familiar with?
Explain the difference between absolute and comparative advantage and use these concepts to explain when two countries may find it beneficial to trade commodities.