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Suppose that the government increases expenditures and that prices are completely sticky. Explain how this affects output and investment? Does your answer depend on the behaviour of the central bank?
Identify at leasttwo resourcesoutside of your textbook that currently support this one difference. What are the implications and needs for this group?
Lorie teaches singing. Her fixed costs are $1,000 a month, and it costs her $50 of labour to give one class. The table shows the demand schedule for Lorie's.
Suppose demand and supply have constant elasticity equal to 3. What happens to equilibruim price and quantity when the demand increases by 3%.
Describe what happens to investment, private savings, public savings, and national savings. Compare the size of the changes in the latter to the $20billion of extra government savings.
Briefly explain the use of graphs as a way to represent economic relationships. What is an inverse relationship How does it graph What is a direct relationship How does it graph Graph and explain the relationships (other things equal) you woul..
please fill in the missing data for the blank lines 8 on the graph and then questions below.output
What type of measurement scale (nominal, ordinal, interval, or ratio) is being used in the following situations?
In ligh of your answer to (a), how many miute with each provider would your friend talk on the phone? How much would she end up paying each provider per month?
Analyze the rationale for buying stocks when stock prices are not predictable, noting what kind of strategies would be useful for investing $100,000.
Patricia and Class -- What other examples do you have of contractual obligations, such as wage contracts, that are considered to be fixed costs?
Derive the demand function for Linda for both goods. (Hint: the demand of any good can not be negative!) Write down the inverse demand function for good 1 when.
A steel producer has the production function q=10K^0.75 E^0.25 where q is the quantity of steel, in metric tons, K is the firm's capital stock, and E is the number of labor hours it employs (measured in thousands).
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