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In the long run, once people have had time to adjust their long-term commitments, an increase insupply and a higher price level will no longer lead to expansion of quantity supplied? is this right?
What were factors that caused ex-slave states in the south lag behind the north in participation in this acceleration of industrialization?
Why is a vending machine, which requires payment for each snack purchased, used to sell snacks, while a newspaper can be sold out of a box that allows anyone to take more than one paper?
In certain industries, firms buy their most important inputs in markets that are close to perfectly competitive and sell their output in imperfectly competitive markets. Cite as many examples as you can of these types of businesses.
Find the SPNE of this game. Is there an outcome of the game that both parties prefer to any SPNE? Also find a NE for which the outcome differs from any SPNE outcome.
What nominal annual interest rate is the bank actually charging for this loan?
Based on discussions surrounding the controversy over the value of the Chinese yuan in foreign currency markets, is China still using central bank foreign exchange policy to maintain the value of the yuan? What is the current policy of the United Sta..
Your business is expected to generate a $40,000 profit at the end of year 1, and profit will increase by 10% per year through year 10. If you can earn 5% annual interest compounded annually, what is the present value of all your profits over the next..
In which market would you expect firms to advertise the most, perfect competition or monopolistic competition. Clearly explain your answer.
Suppose that a proposal is under review to strengthen the NPDWS for benzene, and the associated abatement level would generate a marginal social benefit (MSB) that is greater than the marginal social cost (MSC) by $125,000. On efficiency grounds, sho..
Let us discuss America's imperialist episode in 1898 when, almost point-blank it took four colonies. Was this an aberration or the beginning of a new trend? Can you think about our current times and find any similarities or parallels?
Use a 0.05 significance level to test the claim that fewer than half of all teenagers in the population feel that grades are their greatest source of pressure.
Can you detect any difficulties that the Federal Reserve System might encounter in implementing monetary policy.
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