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Q. What is the difference between movements along IS and LM curves and shifts of the entire curves? What motivates those shifts? Any example from real life? Any recent events that shifted IS and/or LM curves?
Q. Assuming a wholesale price $5 per case, compute the breackeven output quantities for each alternative
Extend this comparison by choosing a different point on this period's PPF and discuss whether that combination leads to more or less growth over the next period.
Illustrate what were you thinking about the economy in 2005 and did you ever foresee a crisis of this magnitude.
The third largest city of a country has a population of 12.5 million.
What s the general pattern of the US income distribution over the last century. Explain about the timing of the changes.
Westinghouse and General Electric are competing on the newest version of clothes washer and dryer combinations.
Illustrate how many would you expect to be sold under each pair of price and income demand elasticity estimates.
Here are only some stars to fully staff every team, but there are enough for a few to be on each team if an owner decided to hire them.
Draw the production possibility frontiers for the 2 countries. Draw the world relative supply curve for manufactures.
This production function does not satisfy the definition of rising returns to scale, constant returns to scale, or decreasing returns to scale. How can this be.
Illustrate what will be the price of this new drink in the long run, assuming the industry is a Cournot duopoly.
If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium.
Assume a household receives a grant of $500 of food stamps every month. How will this household's budget line be affected.
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