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True or false with explanation
Elucidate wether each of the following evens shifts the short-run aggregare supply curve, the aggragate demand curve both or neither.
A corporation purchased a machine for $60,000 five years ago. It had an estimated life of 10 years and an estimated salvage value of $9,000. The current BV of this machine is $34,500. If the current MV of the machine is $40,500 and the effective inco..
Choose a country other than the United States and provide current (2016) statistics on mobile phone usage by operating system and include country name, the statistics, the date of the data and the source of this data.
Over the past year the inflation has been 10%. The price of a used Ford SUV has fallen from $6,000 to $5,000, or 16.6%. By what percentage has the real price fallen?
In a brief essay, explain the relationship between Asian stereotypes. How do they affect U.S. racial stratification? How are they used in practice? How do they impact other racial minority groups?
Evaluate the role and effectiveness of the Federal Reserve in stabilizing the economy since the 2007-2009 recession and its continued impact on the current.
What is the theoretical significance of the Adaptive and Rational expectation hypothesis? Explain with the help of the Phillips Curve, the effectiveness of policy actions when expectation formation is known. Examine the role of this for Reagan admini..
Due to the recent events, Greece is to pay a debt to Troika. The issue is, that Greek Finance Misiter is trying to re-negotiate the terms of debt payment, with the help of his knowledge in the "Game theory".
Florida Citrus Inc. (FCI) produces and sells a highly popular sports drink in the North American market. For many years, it has sold in the Asian market through a Tokyo-based importer. The contract with the importer is up for renewal, and FCI decides..
Free Trade has been growing! Does NAFTA [North America Free Trade Agreement] sound familiar? NAFTA was passed under the Clinton administration. Nine years later, U.S. Congress approved CAFTA [Central America Free Trade Agreement] which was signed int..
The utility function of a worker is represented by U(C,L) = C×L. Suppose this person currently has 100 hours of leisure and $1200 in consumption in a given time period. What must the worker’s hourly wage rate be if she is maximizing her utility?
Trade off simply means that you are compromising between the two things. No better can be done without worse. If we want to make one side of a particular thing good, it must come at cost of other. The cost of next best alternative of a situation is k..
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