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Which of the following is one of the differences between the Articles of Confederation and the new Constitution created during the Constitutional Convention in 1787?
a-The Constitution of 1787 increased the number of states.
b-The Constitution of 1787 increased the power of the national government.
c- The Constitution of 1787 included a national legislature.
d-The Constitution of 1787 included a guarantee of political sovereignty for each individual state.
If the reserve requirement is 20% and Lindsay deposits $200 into her checking account, calculate the change in her bank’s required reserves. Show your work.
Equilibrium price would decrease, but the impact on equilibrium quantity would be ambiguous. d. Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous.
Suppose the own price elasticity of demand for good X is -3, its income elasticity is 2, and the cross price elasticity of demand between good X and Y is -5. Determine how much the consumption of this good will change if:
explain why airlines might be more likely to match price cuts than price increases. (b) Which theory of oligopolistic behavior does the above situation most resemble?
you are a manager in a perfectly competitive market. the price in your market is 45. your total cost curve is cq 10
Decrease costs across the board. Find out elasticities of the products and increase the price on the inelastic shoes.
Does federal revenue as a percent of GDP change with changes in tax rates? Explain with reference to the Laffer Curve concept.
Plot the forecasts against the realizations. Are the forecasts good?
Leaders generally want followers who can bring up issues or concerns in a positive way that leaves room open for change. Can you think of a time you had an opinion that ran contrary to your leader's thoughts? How did you express it? How was it receiv..
Assuming other countries do not change their own trade policies, what would be the impact on the value of the dollar relative to other currencies? What would be the effect on the jobs in U.S. industries?
q.at a recent board meeting ceo and president got into a heated argument about whether to shut down the firms plant in
Assume you consider participating in a sealed-bid second price auction for a vintage car in which the winner of the auction (the bidder who submits the highest bid) only has to pay the second highest bid that was submitted.
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