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Why have the purchases of U.S. debt by some foreign governments increased so rapidly since the 1990s? to earn interest income to decrease their own debt to keep their currencies from rising against the dollar to gain voting rights in the United States.
Is the online book retail industry qualified as a perfectly competitive market by the four market characteristics listed in the lecture note? If not, what characteristic(s) is (are) not met? There are so many companies having websites to sell their p..
Which of the following graph traversals yields V4V6V5V2V3V0V1?
Explain if the increase in demand results from a large purchase b the Chinese of a new American-made airplane or a large purchase by Americans of new lower priced Chinese-made high definition Televisions.
Calculate the following elasticities and classify good x. The market situation is as follows: m=$100, Px=Py=$10
If many states can have balanced budget laws, why has it been so difficult for the federal government to pass and/or stick to attempts to balance the federal budget? How might the very existence of balanced budget laws in some states make it difficul..
If a monopolist is producing a level of output at which demand is inelastic, the firm is not maximizing profits, and increasing output will decrease total revenue.
Computer Colleagues, Inc., wants its name on the computer engineering building planned for the campus. For naming, the university requires
To increase his market share in the fast food market, Jim would like to increase sales of the firegut to 750 per week, what price should jim set?
When a system of pollution rights is in office, polluters have no economic incentive to reduce the amount of pollution they generate. Over time banks have become more efficient at using bank capital and thus use less of it relative to the assets they..
Assume that there are two types of consumers. In particular, consumers of type 1 has utility function u(x, y) = x^0.5 y^0.5, whereas consumer of type 2 has u(x, y) = x^0.3 y^0.7. Both of them have income given by I>0, and the prices denoted are by PX..
Provide summarized but full discussion of the case in favor of restricting trade. Using a simple model, present the benefits of trade negotiations for countries in today's global economy.
What is more efficient: a market incentive program or a regulatory program? Why?
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