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According to the hybrid, or consensus, view of aggregate supply, the chance for an aggregate demand increase to cause inflation accelerates as
1) Unemployment increases
2) The economy moves toward capacity
3) The slope of aggregate supply becomes flatter
4) The economy moves away from full employment
a. determine the rule-of-thumb price when the monopolist has a marginal cost of 25 and the price elasticity of demand
revenue at a major cellular telephone manufacturer was 1.4 billion for the nine months ending march 2 up 97 percent
assume that all the factors affecting demand in this model remain the same but that the price has changed. further
Malaysia experienced sugar shortages a few years back. Goverment wanted to provide relief to the public through price control. What are the economics implications of such a move? (Use the concept of equilibrium price)
Describe the difference between rise in demand and an increase in quantity demanded, through giving an example of what would cause an rise in quantity demanded
Show the impact of fiscal policy on GDP and interest rates assuming a fixed exchange rate regime under (i) perfect capital mobility, (ii) perfect capital immobility, and (iii) imperfectly mobile capital.
How will a substantial increase in demand for housing affect the wages and employment of carpenters, plumbers, and electricians?
Draw the cheese market for the United States showing the world price as the price for this market. How much cheese does the U.S. import at the world price?
Write the equation for Total Revenue and write the expression for the market demand function - What is a natural monopoly?
Calculate the marginal and average variable product of each unit of labor input. Hint: plot your Units of labor and Units of Output vertically. Calculate total, average total, average variable, and marginal costs.
What is the principal-agent problem? When will the principal-agent problem be most severe? Why might there be a principal-agent problem between the stockholder-owners and the managers of a large corporation?
cameron and tyler winklevoss were classmates of mark zuckerberg at harvard university. they and one other individual
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