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Explain how a bank's ability to create transaction deposit accounts through loans creates money.
suppose that you are an intern for a state legislature that is considering how to vote on a bill that would legalize marijuana. An economist has testified that legalization would decrease the price of marijuana by 80% in his estimation.
Maria can read 20 pages of economics in an hour. She can also read 50 pages of sociology in an hour. She spends 5 hours per day studying.
A producer produces good y using inputs x1 and x2 according to the production function y = x1^(alpha)x2^(beta) where alpha + beta
Suppose the monopolist faces the following demand curve: P = 180 - 4q. Marginal cost of production is constant and equal to $20, and there are no fixed costs. What is the value of the deadweight loss created by this monopoly?
for each level of output calculate this manufacturers marginal cost mc for convenience place the marginal cost between
Identify the economic incentives that motivate private firms to engage in pollution prevention activities. How might the government devise policy initiatives to exploit these natural incentives?
Illustrtae the possibly changes which the "accrual" accounting or the "cash basis" could bring into the financial statements.
choosing a communication mediumintroductionmany companies are using computer mediated communication for training and
The classical range of the aggregate supply curve. Advise the President on good economic policy - When more purchasing power is spent, one expects rising output at rising prices.
According to Rodney, what was the contribution of Africa to the development of capitalist Europe during the colonial period?
What is the value of APC at income level Z, at income level RM 2000, what is the value of APC
The elasticity of sweaters for pet duck-billed platypus is -1.56 in the Canada. In Australia, the elasticity of these sweaters is -3.62. However, Canadian sweaters have to be warmer, so the marginal cost is $20, while it's only $15 for the Austr..
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