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Identify the current state of the economy and the role of fiscal and monetary policy stimuli to manage the country's economy.
Make your analysis based on defining and enforcing property rights that she is faced with and then give your solution to Ms. Brown. 300 words or more and references.
During the recession of 2001, despite the decrease in aggregate demand, the price level was essentially stable. Which of the following is a reason for this?
Suppose Bob leaves his $50,000-a-year job as a financial advisor to P.E.T.S. and starts his own business selling spot remover for Dalmatians. In the first year his accounting profit is $70,000.
Do the economic systems of these countries become more or less similar the last 20 year? What are the reasons for the trend? It really is important for you to be careful about your references.
Calculate the Lerner index if the marginal cost of producing Lipitor is $0.30 per pill. Does the Lerner index make sense in this situation. EXPLAIN.
Describe the marketing strategies of the companies involved in the case (distinguish the marketing methods used by the drug companies from those used by the food companies).
Explain the reason why a competitive firm should stop producing immediately if the price is lower than the average variable cost.
A consumer has a utility function of the form U=2xy.The price of of good X is p and the price of Y is 1. let m denote income. What is the MRs and derive the demand function for good X and for good
Describe the effect of each of the following on the demand or supply for gasoline. Further indicate the likely direction in the amount of gasoline exchanged the resultant market price when?
If you offered her 30 Zappas next week, how many Yankovic downloads would she need to remain at the same level of satisfaction? Please show work.
A survey using a simple random sample of 600 land-line telephone numbers finds 8% African Americans. Is there evidence that the survey is biased? Explain.
Aother says that "increases in demand yeilds price increases." Knowing you want to remain friends with them both, how do you systematically explain that both are correct?
Write the budget constraints when young and when old, and the lifetime budget constraint for both types of consumers. Write the market clearing conditions.
Consider a decrease in the money growth rate from z to z ′ = 1. Determine the effect of this change on the capital stock k, real GDP, and the welfare (utility) of the future generations.
If labor productivity grew at the rate of 1.4% per year, what would average hourly compensation be in the year 2100 (still measured in 1996 dollars per hour worked)?
How would this type of competition affect all Tiptoe Body Shops and the prospect of further franchise expansion? Use graphics with this answer. 300 words or more and references.
Suppose the nominal annual interest rate on a two year loan is 16 percent and lenders expect inflation to be 10 percent in each of the two years. The annual real rate of interest is?
If a ‘good' government wants to control this company, what the company will do? What will happen if the government requires that the marginal cost should be equal to the price?
Explain at least 2 reasons why housing prices vary from city to city. Explain 3-4 ways in which supply and demand affect the prices of the homes
where q = production quantity, k= capital, l = labour need. find MPl and APl if k =100 find MPk and MPl if l/k = 2. find the total cost if q= 20, k=100, l= 100.
Calculate M1 and M2 using the following information: Large-denomination time deposits $ 304 billion Currency and coin held by nonbanking public 438 billion Checkable deposits 509 billion.
What do you expect to happen to industry output and costs per subscriber if the number of cellular providers were reduced (assume the finding is true? Why?
calculate the optimum output level (show your work)if fixed costs are $17,500 what is this firm's total profit at the optimum price/output combination?
Estimate the number of cups served per week and determine outlet demand curve b) What would be the effect of a $5000 increase in the competitors' advertisement expenditure and outlet demand curve.