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A consumer plots an indifference map between two products A and B, and marks in points to show the combinations of A and B that the consumer would buy if the price of A changed but the price of B remained the same. The consumer then plots a line through these points. Which of the following is this curve called?
a) A budget line.
b) A demand curve.
c) A price consumption curve.
d) An indifference curve.
Use Internet, and other sources of literature and locate an article concerning trends in consumption patterns.
abs reported the following data for october 2011labour force participation rate 65.6 per centworking-age population
Suppose that as an owner of a federally insured S&L in the 1980s the price of real estate falls, and most of your loans go into default. In fact, so many loans go into default that the net worth of the S&L is a negative($5 million). Federal regula..
Suppose the economy is slumping into recession and needs a fiscal policy boost. Voters, however, are opposed to larger federal deficits. What would policy-makers do?
Macroeconomics and Indicators
E;lucidate whether each among the subsiquent is an example of an automatic fiscal stabilizer.
1. discuss the optimal method for procuring a modest number of standardized inputs that are sold by many firms in the
Having a 100% crime free society is not likely to be attainable. Why? Do you agree or disagree? Make your case, whether you agree or disagree, by using the tools of economics of crime prevention.
Suppose you purchased 5 apples and 3 oranges last week. Apples cost $0.75 per apple, and oranges were $1.00 per orange. How much did you spend on fruit?
Explain how many hours of work is the consumer working. What is her income.
Illustrate which loan carries the lower effective rate. Consider fees to be the equivalent of other interest.
Suppose Ke, the required rate of return, goes up to 12 percent; what will be the new value of Po?
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