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Explain 3 social cost and 3 benefits of Student Assistance Program (e.g. OSAP).
On October 19, 1987, the Dow Jones industrial average dropped about 500 points or a little more than 23%. What effect should a decline in stock values of this magnitude have had on aggregate demand according to the life-cycle theory of consumption?
Consider a market with the inverse demand p(y)=7-y. Two firms operate in this market as Cournot competitors. Both firms have the cost function c(y)=y+F. If both firms are making nonnegative profits in the Cournot equilibrium, the fixed cost F must be..
The average cost of a certain model car was $18,000 ten years ago. This year the average cost is $30,000.
Will the trade policies of President Elect Trump lead to additional "gains from trade" or will these policies lead to a reduction in "gains from trade"?
Suppose a consumer live two periods, in the first have an income m1 = 30 and in the second an income of m2 = 20. Suppose the interest rate is 10% and can borrow and lend at that interest rate. What is the maximum quantity he can consume in the first ..
An increase in the market price of? men's haircuts, from ?$15 per haircut to ?$25 per? haircut, initially causes a local barbershop to have its employees work
Is a decrease in the unemployment rate necessarily a good thing for the nation? Explain.
1- How do institutions reduce uncertainty? 2- Discuss and compare the three pillars (regulatory, normative, and cognitive)
Develop cost curves on which firm behavior is based and will utilize these cost curves to determine the behavior of their chosen organization.
What are they? What is the key difference between an economy of scale and an economy of scope? Sirius XM acquires Pandora;
If the MPC=0.8 and planned autonomous investment increases by $80 billion, then equilibrium real GDP will increase by
the price of business travels drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel marginal rate of substitution between electronic media and business travel is - 1. Is t..
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