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Matt spends $40 per month on peanut butter (good x, measured in jars) and bread (good y, measured in loaves). He wishes to consume the goods according to the following utility function: u(x,y) = min(2x,y). Last month, the price of a jar of peanut butter was $5 while each loaf of bread was priced at $2.50. This month, the price of bread rose to $4 per loaf while Matt’s preferences, income and the price of peanut butter remained the same. Identify the compensatory income that corresponds to this price change.
Inflation Targeting
In your opinion, should economic tigers be feared or tamed?
John have many ice cream stores located across the nation. John does not like to work evenings and employee Marcy to work the store in the evening for $7.50 each hour.
Assume you were appointed economic adviser to a less developed country in Africa. The country seeks to encourage capital formation and wants to raise the rate of saving of its own residents and encourage foreigners to invest in their country.
The US treasury isn't the only issue of bonds. Corporations also issue bonds that have future payment structures like U.S. Treasuries. Of course, unlike the federal government, corporations can go bankrupt, leaving their bondholders unable to collect..
write a 3 to 4 page apa-formatted paper in which you address the questions below. use at least three cited references
You are told that 75 cents out of every extra dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $25 billion.
Make a paper analyzing the current market situations of Airline industry including a supply and demand analysis that answers following questions:
the plant has accumulated savings of 60000 to acquire a new machine for quality assurance. the new quality control
Compute the probability of failing to stop at an intersection, given the driver was on the cell phone.
part 1 firm perspective1. use the following article and your own research to answer the following questionscompetitive
Assume a certain firm in a competitive market is producing Q = 1,000 units of output. At Q = 1,000, the firm's marginal cost equals $15 and its average total cost equals $11. The firm sells its output for $12 per unit.
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