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Suppose it is 2014 and gasoline prices have risen to eight dollars a gallon. Congress is proposing a bill that will roll back gasoline prices to four dollars a gallon. Analyze the consequences of such a bill and whether or not you would personally favor it. Consider all the costs involved in your analysis.
Walras Equilibrium with two consumers and two commodities, given endowments and preferences for both consumers.
The marginal revenue received by a firm in a perfectly competitive marketplace is illustrating what
Elucidate the dividend yield for each of these four stock. What is the expected capital gains yield. Discuss the relationship among the various return that you find for each of these stocks.
A brief description of the historical context in which the Washington agreement arose. The aim of the Washington agreement with regard to government intervention in the economy.
Illustrate what adjustments are required for China to rebalance its current account. Illustrate what risks are inherent in such adjustments.
Which of the following are flows. If a flow, which of the five major kind(s) of capital does it increase or decrease.
Illustrate how do these two relate to each other in the Circular Flow Economy and to the Government and Foreign Sector components? How does all this fit on a Wheel of Income.
calculate velocity of money when price level is 10, national quantity of output is $200 billion and money supply is $250 billion Answer must be in detail Explain how Explain how you got answer.
Explain how can tax cuts help revive the economy include discretionary fiscal policy, expansionary fiscal policy, tax multiplier, Aggregate Demand-some-not all--of these and/or other terms from this week.
Distinguish between the resources market and the product market in the circular flow model.
Total hours worked, and average labor productivity all are procyclical. Which variable, output or total hours worked, increases by a larger percentage in expansions falls by a larger percentage in recessions.
assume equilibrium price in a perfectly competitive market is $100 and within this market, a typical firms total cost curve is summarised. Find expected profit maximizing output.
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