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The impact on output and price level [increase or decrease]) and submit a properly drawn and labeled aggregate demand and aggregate supply graph for the scenario.
What is the Benefit/Cost ratio of this turbine in the year 2020)? (Express your answer to two decimal places of accuracy.) Benefit/Cost ratio = ?
Lower-productivity workers $150,000. What value of X will cause higher-productivity workers to go to college and lower-productivity workers to not go to college?
if firms collude, what is the profit of each firm? what condition must the discount factor satisfy for collusion toe be sustained if the firms compete in prices?
For each of the following cases, what is 1) the symmetric demand function, and 2) the symmetric equilibrium price? maximum differentiation: firms locate at 0 and 1
Explain how the circular flow diagram relates to the current economic situation. Using the circular flow diagram, explain a way that your family interacts in the factor market.
You are a manager in a perfectly competitive market. The price in your market is $14. Your total cost curve is C(Q) = 10 + 4Q2. What price should you charge in the short-run?
If Twinkies cost $.10 each and soda cost $.25 per cup, how should Matt spend the $1 his mother gives him in order to maximize his utility?
What is the relationship between states that have stricter gun control laws and the crime rate? project needs to contain at minimum the following items.
In the long run, what would you expect to happen to the price of steel in the U.S. and Germany? What would be the price differential?
Consider the following IS/LM model for a closed economy. Derive the IS equation. Solve for equilibrium value of consumption and investment.
A 10 percent coupon interest rate is paid semiannually, and the par value is equal to $1,000. What is the YTM (stated on a simple, or annual, basis) if the bonds mature 10 years from today?
Show how the limited commitment problem puts a limit on how much the government can spend in the current and future periods. Draw the consumer's lifetime budget constraint.
The cross-price elasticity of demand between your good and a related good is 2.0. What can you determine about consumer demand for your product from this information?
The company estimates its total cost function to be TC= 4Q. Calculate Quantity, total revenue and profit when the company maximizes its profit and charges the same price in both markets.
At present, the price of Z is $500, PX is $600, advertising expenditures are $10,000, and average per capita income is $40,000. Which of the variables above is NOT statistically significant at the 0.0
Used music CDs rise in price from $7 to $8, and total revenue falls from $700 to $640. Is the demand curve over this range elastic or inelastic? Why?
He also purchased five of John's mature banana trees for 30 clamshells each. What is the GDP of George's and John's island in terms of clamshells?
Evaluate the relationship between the European Euro crisis in 2012 and the American economy. Assess how this affects American businesses and decisions made by mangers
Which variable, output or total hours worked, increases by a larger percentage in expansions falls by a larger percentage in recessions?
What are your predictions for the economy of Thriftypeg based on the following policy scenario: Suppose the government decides to increase taxes.
To perform this task, you must assume that prices are sticky: fixed in the short-run and flexible in the long-run. The scenarios are: A permanent restrictive monetary policy in Europe.
Demonstrate this outcome with work-leisure diagram. What does this outcome assume about the relative sizes of the income and substitution effects?
Determine and explain which basic economic problem: of what, how and for whom apply to the following the economic decision. Should the company makes its own spare parts or buy them from an outside ven
what is the drawback of using a nominal anchor? what is the growth rate of the money supply of this economy? if you chose to adapt a money supply target.