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Max has the utility function U(x, y) = x(y + 1). The price of x is $2 and the price of y is $1. Max’s Income is $11. How much x does Max demand? How much y? If his income doubles and prices stay unchanged, will Max’s demand for both goods double?
Explain how, despite being free, public education can actually make a household better off by consuming less education?
How much would you have to invest today at 8% compounded annually to have $25,000 available for purchase of a car four years from now.
Use the model of aggregate demand and aggregate supply to illustrate the initial equilibrium (call it point A). Be sure to include both short-run and long-run aggregate supply
Many people believe that using plant-derived fuels or biofuels to power combustion engines is a relatively new and innovative concept.
If your wealth is held as currency or checking accounts, or other assets that you can convert to money on the short notice, your assets are considered to be?
Suppose a country "X" is facing recession. What fiscal and monetary policy will the central bank and the government use to stabilize the economy!! What tools do the central bank and the government have to impact economy!!
Assume that the market for Coca-cola in your area is perfectly competitive, with Demand P= 11-0.1Qd and supply P= 1+ 0.1Qs. Each firm that sells Coca-cola is indentical, with Total Cost TC= 1+0.5Q+2Q? Which gives Marginal Cost MC= 0.5+4Q. Currently t..
Demonstrate the short-run effect of this tax cut using the IS-LM model also the AD-SRAS-LRAS model. Illustrate what will take place to o/p also the interest rate.
q1. since 1981 the monetary authority of singapore mas has centered its monetary policy on the management of exchange
q.would you mind assisting with these few questions as well since you did an awesome job the first time?1. duracell ltd
assume that the low-calorie frozen microwavable food company from assignments 1 and 2 wants to expand and has to make
What would be the resulting effect on equilibrium price level - explain. What will be the effect of the different tools of fiscal policy to stabilize the economy?
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