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Calculate the marginal propensity to consume after the change in the rate of savings for the following situation.
20 years ago the average savings rate was 20 percent of disposableincome. It is predicted that this would drop to 5 percent in lessthan five years
Explain What the profit maximization condition of a business. What is normal versus supernormal profits.
which of the following three expressions uses the economists definition of money a. how much money did you earn last week b. when i go to the store, i always make sure that i have enough money.c. the love of money is the root of all evil
Elucidate the historical relationship between unemployment and inflation.
Provide high domestic interest rates, what is the economic outlook for these Asian countries in the next few years.
Briefly discuss and illustrate the circumstances under which the minimum wage would (1) not lead to unemployement, amd (2) not cause a reduction in the total earnings of low-wage workers who are still employed.
Vera is an impoverished graduate student who as only $100 a month to spend on food-Explain why Vera's preferences are of a very special type here. How would you graph them?
Tyvex LLC produces professional quality color laser printers. The market for professional color laser printers is monopolistically competitive. Suppoe that the inverse demand curve faced by Tyvex
Illustratr what is there is an increase in the supply of money.
The chance that the price of a college education will be the same 18 years from now as it is today seems remote. Assuming that the price will rise 3% per year, and that today's interest rate is 8 percent, what will your friend's investment need to..
Explain how advertising can be employed to allow Tots-R-Us to keep price average above cost without encouraging entry.
Calculate the appreciation or depreciation of the US dollar relative to the Japanese yen.
What is the repricing gap? In using this model to evaluate interest rate risk, what is meant by rate sensitivity? On what financial performance variable does the repricing model focus? Explain.
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