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Question: 1. Explain the difference between a depression and a recession.
2. Describe the effects of the Great Depression.
You know that you are operating in a monopolistically competitive market, that is, you are a small part of a large market with many competitors in this market. From data collected on the Widget Market, you know that market demand has recently decr..
Collect quarterly data on personal consumption expenditure (PCE) and disposable personal income (DPI), both adjusted for inflation, and regress personal.
Assume the problems of maximizing solves the first problem if and only if it also solves the second problem.
Refer to the following data on the U.S. consumer price index and answer the questions below. a. Compute the inflation rate for each year 1989-2006. b. Which years were years of inflation c. In which years did deflation occur d. In which years did dis..
Explain how much will your industry's total revenues (revenues from both products) change if you increase the price of good X by 1 percent.
There is currently many firms in a perfectly competitive market. Each firm has a cost function of the form TC(qf)=3qf^2+5qf+108. The market demand is QD= -10P + 710. a) Find the long run competitive equilibrium firm quantity, market price and num..
The table above demonstrate the prices and quantities of 2-goods produced in a country in 2006 and 2007. These are the only goods produced in the country.
Suppose that there are only two goods produced in the world: computers, which are traded internationally, and ice cream, which is not. Calculate the level of GDP per capita in each country, measured in its own currency
Discuss the economic, social, and cultural reasons for differences between the population densities in these two regions. Evaluate the polices of the DN with those of the LDN you chose as they relate to reducing the population/fertility rates. Explai..
Suppose that the rate of inflation in Japan is 2% in 2011. If the rate of inflation in Germany is 5% during 2011, by how much would the yen strengthen relative to the euro if relative PPP is satisfied during 2011?
Suppose that you are given a sorted sequence of distinct integers{a1,a2,...,an}.Give an O(lgn) algorithm to determine whether there exists an i index such as ai=i.For example, in {-10,-3,3,5,7}, a3=3.In {2,3,4,5,6,7}, there is no such i.
Write a for loop that prints the values 1 2 4 8 16 32 64 by increasing the value of a counting variable by a factor of two in each cycle.
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