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Assume that Melanie had 200000 of disposable income and spent 180,000 on consumption in 2006 and had 300,000 of disposable income and spent 240,000 on consumption in 2007
If Melanie's went up to 400,000 in 2008 how munch would she be likely to spend on consumption that year?Ans: 300,000â?¦..how do you get 300,000?
If melanie's income went down to 100,000 in 2008 how much would she be likely to spend on consumption that year?
Use the aggregate demand-aggregate supply model to illustrate graphically the short-run and long-run impact of this decline on output and prices.
What will be the effect of this change in policy on both the real and the nominal interest rate in the long - run?
What is the profit-maximizing price for this firm? On the graph show the area, which area represents the net loss to society resulting from the monopoly power conferred by the patent?
Explain why may a government solution to a marketplace failure worsen the market failure.
Explain carefully in terms of production theory why it might be that no amount of "cracking down" can increase worker productivity at CF&D.
Elucidate how will looming fears of a recession expected to decrease consumers incomes by 4 percent over the next year impact the quantity of coffee Starbucks expects to sell.
Walmart has any special foreign exchange problems resulting from its strategic stance payment in USD, and what alternative policies the company could adopt in the event of such problems.
If you could identify which the group to that each consumer belong to explain how would you go about setting prices.
Compute the own price elasticity of demand at a price of $4. What is the inverse demand curve for the radio station
Manufacturing support also selling as well as administrative costs comprise both variable and fixed costs; fixed manufacturing support costs for the present year
Illustrate what effects would their combined actions have on GDP. Illustrate what effect would this have on your industry.
According to law of comparative advantage , who should produce wheat and who must produce Cd palyer? Evaluate all relevant opportunity cost.
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