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In your discussion post, compare policies designed to lower inflation to the policy you have selected for your final project policy. In your discussion, make sure to use the lens of one of the recommended models: new Keynesian; monetarist; or neo-classicalist.
The marginal revenue product of labor for an electronics firm is MRPL = 50 - L, where L = the number of workers. If the wage of electronics workers is $20 per worker, then how many workers will the firm hire?
Explain changes in relative prices that lead to income and substitution effects and state how understanding the effect of an increase in the real interest rate.
If Plonk and Brew operated in a Cournot oligopoly, explain how much output will each of them produce in equilibrium.
what assumptions are necessary for a market to be perfectly competitive? in long-run equilibrium all firms in the
P is the price measured in a common currency used in both countries, such as the Thai Baht. Now assume that free trade occurs. The free-trade price goes to 56.36 Baht. Who exports and imports cameras and in what quantities?
Texas governor Rick Perry promised to put hundreds of cameras on the Texas-Mexico border and broadcast the video over the Web so anyone, anywhere could become a border patroller, helping root out border crime and illegal crossings. if the 200 cameras..
Suppose the demand for crossing the Golden Gate Bridge is given by. What is the price elasticity of demand at this point? Could the bridge authorities increase their revenues by changing their price?
In the 1990's, helped by desktop publishing software that proliferated during that time, the number of vintage baseball card forgeries flooded the market for vintage baseball cards. Dealers left the market for fear of purchasing a phony. What was the..
A 100 KM toll way costs $5M per km to build. The bonds are for 20 years and pay 10 percent per year [(A/P, 10%,20) = 0.1175]. If annual maintenance costs are $1000 per km, and 20000 vehicles use the toll away every day, what toll needs to be charged ..
One of the factors that determines cost of Homeowners insurance is location. Many areas of our country are exposed to severe weather, such as hurricanes, tornadoes, etc. Should the governments in those areas increase their responsibility for helping ..
Decide whether each of the following statements is a normative statement or a positive statement, then explain your answer. The gasoline tax is projected to yield $10 million in tax revenue next year. If the gasoline tax was raised by 10 cents per ga..
marginal rate substitution kim enjoys eating muffins and cones.the following graph display one of kims indifference
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