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a competitive industry is comprised of 15 identical firms, each with a short-run total cost function
What does the term" globalization" mean? What forces are driving globalization? Is globalization inevitable and uncontrollable? Or is it the product of human decisions and therefore controllable? Is globalization harmful or beneficial, a problem or t..
What are the examples of Canadian industries subject to external economies of scale?
Suppose the CFO of an American corporation with surplus cash flow has $90 million to invest and the corporation does not believe it will need to utilize these funds to retool or expand production capacity for 1 year. What must the CFO expect about th..
elucidate only the effect of recession on the country. Due to floods a country suffered from recession but gradual triggered growth in the manufacturing sector in the following years.
q. consider the following data on us gdp.year nominal gdp billions gdp deflator base year19962000 9873 1183 1999 9269
Discuss your thoughts on the organization of the Federal Open Market Committee (FOMC). Why is the New York Federal Reserve president always on the FOMC? Does the committee meet often enough? Should its meetings be closed to the public? Have its recen..
The market for DVDs has supply curve and demand curves given by P=2Qs and P=42-Qd, respectively. Calculate the equilibrium price and quantity of the DVD market. How many units will be traded at a price of $14? What participants (sellers or buyers) wi..
Discuss the impact of a favorable supply shock (technological breakthroughs) on the equilibrium price level (P) and output level (Y). Also, discuss how the Fed could accommodate a favorable supply shock. Discuss in detail how the price level and outp..
q.when money decreases in value because of inflation people tend to place less trust in it as a method of storing value
Optimization with 2nd order conditions and identifying the properties of functions: 1. Solve the following optimization problems Check 2nd order conditions to confirm that your solution is a maximum. Check if the objective function is concave, convex..
Assume that a hypothetical economy with an MPC of 0.9 is experiencing severe recession. By how much would government spending have to rise to shift the aggregate demand curve rightward by $30 billion? Determine one possible combination of government ..
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