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In the market for flash memory drives ( a normal good), exlpaing whether the following events would cause an increase or a decrease in demand or an increase or decrease in the quantity demanded. Also explaing what happens to the equilibrium quantity and the market clearing price.
Assume Bank A, which faces a reserve requirement of 10%, receives a $1000 deposit from a consumer.
You want to invest in a hot dog stand near the ballpark. You have 0.35 proability that you can turn your currnt $15,000 into $50,000 and a 0.65 probability that fierce completion will drive you to ruin losing all your money. If you decide not to e..
Compute the value of the price index for GDP for 2005 using 2004 as the base year. By what percent did prices increase.
Elucidate which of the following theories of expectations holds that individuals usa all information available in forming expectations.
Flavortech Corporation expects EBIT of $2,000,000 for the current year. The firm's capital structure consists of 40% debt and 60% equity, and its marginal tax rate is 40%.
What is her marginal rate of substitution when L = 100 and she is on the budget line? What is her reservation wage? What is her optimal combination of C and L?
Short term Treasury bills [3 and 6 month] have current annual rates of interest around 0.5%. Use that info plus your best forecast of inflation to calculate the real rate of interest on those bills.
Estimate the linear trend in the data, and use it to forecast gasoline sales in the United States in each quarter of 1990.
Economists are in almost globally agreement that Free Trade is good for all countries. Why are they in such universal agreement.
You were recently hired to replace the manager of the Roller Division at a major conveyor-manufacturing firm, despite the manager's strong external sales record. Roller manufacturing is relatively simple, requiring only labor and a machine that cu..
you select to work more hours or fewer when offered a higher hourly salary.
Explain how does the economist's use of the term rent differ from everyday usage.
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