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We are currently at the following point on our PPC: 1,000 units of Consumer Goods and 800 units of Capital Goods.
Suppose now this economy produced 600 additional units of Consumer Goods, would there be any long term cost to this economy from this change in the current production combination and if so, what would these cost be?
How much must be deposited each month for 9 months at an interest rate of 9.6% per month to allow for a single withdrawal of $54,273.31 at the same time as the last deposit?
What is an intermediate target? What are the characteristics of a good intermediate target? And why did the Fed abandon money supply as an intermediate target?
Suggest the efficient choice between the Liability Rules and Property Rights for the context/situation wherein
In April 1978, Fidel Castro announced that Cubans who wanted to leave Cuba for the United States could do so from the port of Mariel, Cuba. Within 6 month, about 125,000 (mainly) lowskill Cubans had flowed through Mariel for Miami, resulting in a sud..
We discussed alternative views of GDP from the perspectives of expenditure, income and production. What are the basic differences in these approaches? why do they add to the same total for GDP?
You've just accepted a lucrative consulting contract with a medium sized local manufacturing firm to help improve the efficiency
The Einstein Bagel Corp. has used a frequent buyer program whereby a consumer receives a stamp each time she purchases one dozen bagels for $6. After a consumer accrues 10 stamps, she receives one dozen bagels free. This offer is an unlimited offer, ..
Picture Assume the market is in equilibrium in the graph shown at demand D and supply S1. If the supply curve shifts to S2, and a new equilibrium is reached. Equilibrium quantity increase from 4 to 4.5 units.
How many different telephone numbers are possible within the 537 exchange?
Why, in a model with no production but two periods does an increase in current taxes (without a concurrent change in government spending) not a?ect consumption? How would the model likely change in terms of consumption and interest rates?
Minimum Wages: In lecture we set down rough numbers for California’s forthcoming ongoing choice to raise the minimum wage to $15/hour in 2023—to a level that represents an increase from a level in 2014 that, relative to productivity and given current..
1. Is this relation in at least 1NF? Why or why not? 2. Assuming the values shown are the only possible tuples for all time, what is the primary key of the initial relation? Remember that a primary key must be unique and not null.
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