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Deficit spending for education and scientific research may impose less of a tax burden on future generations than deficit-financed increases in transfer payments. Explain.
500 Words...........
Which of the following cannot be a factor that gives it a competitive advantage?
A key determinant of the price elasticity of supply is the:
Please select one item that you can see from where you are sitting right now – and list and describe as many people as you can think of that played a role in getting that item to where it is right now.
According to the Fisher equation, if a bank extends a loan for 3% and the inflation rate ends up being 5%:
Suppose David spends his income (I) on two goods, x and y, whose market prices are px and py, respectively. His preferences are represented by the utility function u x y x y ( , ) ln 2ln = + (MUx=1/x, MUy=2/y).
Assume income is $10, the price of each slice of pizza is $1, and the price of each glass of beer is $2. Now change income to $12 and show a demand curve for pizza.
Would your answer change if BOC could issue SFr commercial paper supported by the revolving credit at 3.5%.
As an economist you determine the following relationships for the supply and demand of a new product, Cooler Ranch Doritos: Qd = 38 - 2*P Qs = -12 + 3*P. Graph the supply and demand curves for Cooler Ranch Doritos below.
Boris budgets $40 week for his morning coffee with milk. He likes it only if it is prepared with 3 parts coffee, 2 part milk U= min{3/2M,C}. Coffee costs $2/oz, milk $1/ oz. (For the questions below, show your work briefly) How much coffee and how mu..
q1. explain why do some economists consider that better inventory control software as well as systems might help to
Maintenance costs for a small bridge with an expected 50-year life are estimated to be $1,000 each year for the first five years, followed by a $10,000 expenditure in year 15 and a $10,000 expenditure in the year 30. If I = 10% per year, what is the ..
The aluminum industry faces a private marginal cost curve PMC = 2Q and a market inverse-demand curve of PD = 60 – QD. However, production creates an externality with marginal damages of MD = Q. Find the market equilibrium without any government contr..
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