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Wire a thorough analysis of the three basic questions alton with and analysis of the centralized command and control system, the price system and the mixed economy system.
Describe (in a sentence or two) the short run profit maximization condition when labour is the only variable input? What will happen to the labour demand if price of the output goes up?
We are in 2012 and you have just been appointed Governor of the Central Bank of a hypothetical advanced economy, and you have to chair your first Monetary Policy meeting - carefully explain the pros and cons.
Bank A offers to lend $10,00 at a nominal rate of 7 percent, compounded monthly. The loan must be repaid at the end of the year.
Find the depreciation rate of a house sold at $250 in 2015 and the same house sold at $200 in 2016?
Predict what will happen to interest rates on a corporation's bonds if the federal government guarantees today that it will pay creditors if the corporation goes bankrupt in the future.
What would happen to each firm's current profits if firm 1 reduced its price to $6 while firm 2 continued to charge $8?
In Bayonne, New Jersey, there is a large beauty salon and a number of smaller ones. The total demand function for hair styling per day is Q=180-10P, where P is in dollars.
According to the profit-maximization goal, the firm should attempt to maximize short-run profits since there is too much uncertainty associated with long-run profits. T or False
DeBeers Consolidated Mines markets about: 45 percent of the world's rough-cut diamonds. 33 percent of the world's rough-cut diamonds. 80 percent of the world's rough-cut diamonds. 55 percent of the world's rough-cut diamonds.
As an architect, he has to spend $40000 on education in the first period and then earn $510000 in the second period. The interest rate at which he can lend and borrow money between the two periods is 5%.
A test classifies applicants as accepted or rejected. On the basis of data on 200 applicants, we test the hypothesis that ad placement success is not related to gender.What hypothesis testing would you use in this situation
How do they affect the economy in terms of growth, labor force, and price of labor
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