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(Determinants of Price Elasticity) Would the price elas- ticity of demand for electricity be more elastic over a shorter or a longer period of time?
How should the Fed Reserve Bank have responded to ATM's and other financial innovations of the 1970's when projecting money growth? Think in terms of velocity.
What is the u.s. GDP? What percentage of the US GDP is the national budget? Is this number high or low?
discuss the different economic theories of Milton Friedman. Why was he important? Has he helped or hurt our economy? If he were alive today, what do you think he would suggest as an economic plan for our economy? Would he agree or disagree with th..
A long strike in the region of Roquefort-sur-Soulzon is expected to increase the price of that cheese by 16.5% at the store. Based on this information, the number of bottles of Macallan demanded will
How will each of the following changes in demand or supply affect equilibrium price and equilibrium quantity in a competitive market, that is do price & quantity increase, fall, remain unchanged,
How much is equilibrium level of income or output if Fed decides to set the rate of interest at 10 percent (r=0.10).
Explain Raising price of water while providing low rates for minimal use to help poorer families and individuals. Providing government subsidies to encourage farmers, households, and businesses to increase their water-use efficiency.
write a three to four 3-4 page paper in which you1. analyze the current economic situation in the u.s. as compared to
How can you justify the existence of government-granted monopolies for public utilities such as natural gas distribution and electricity in the light of traditional economic argument that the more competition there is, the more likely it is that an e..
Consider a farm in the former Soviet Union. Try to describe how dicisions on the number of chickens to be raised, and the amount of each feed to use in raising them, were made under the old communist regime.
Explain the changes in the maturity values if the yields increase 1 percent. Assume that the insurance company has no other assets. What will be the effect on the market value of the company’s equity if the interest rate changes in (b) and (c) occur?
The fixed monthly cost of land and equipment is $6,450 and the variable cost per tree is $36. The trees sell for $75 apiece. What is the break-even volume
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