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Q. When hourly rate of burrito employees goes from $8 to $10, weekly quantity supplied of burritos decreases from 350 to 320. What is the factor-price elasticity of supply?
Q. given your answer in parts b-d elucidate how the changes in the monetary policy effectiveness lag and the interest-rate multiplier affects how much and how long monetary policymakiers must change interst rates in response to any given demand shock
Calculate real GDP in each year, and the percentage increase in real GDP from year 1 to year 2 using year 1 as the base year. Next, do the same calculations using the chain-weighting method.
Board of directors has directed you to choose an output level that maximizes the firm's profit. You have an incentive to maximize profits because your job and salary depend on the profit performance of this company.
What is Wirelesses' producer surplus from sales for each low-demand as well as consumer.
If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium.
A major employer in a small town announces upcoming major layoffs of employees. What should we expect to happen to the consumption functions of the affected employees.
By defining its business as printing books instead of empowering imaginations, a children's book publishing company would more than likely experience.
If the table represents the demand faced by a monopoly firm, then Illustrate what is which firm's marginal revenue as it increases output from 1300 units to 2200 units? Elucidate how all work.
Explain how are money cost and opportunity cost related to each other. If markets function well, they are closely related. They are always identical in any economic system.
Assume this economy is closed to trade, and compute consumption, government purchases, national saving, and investment.
Explain how you were to learn that a bottle of Gatorade rise in size from 2009 to 2010, should that information affect your calculation of the inflation rate.
Illustrate what is the capital account balance. Illustrate what is the financial account balance.
Conclude which economic indicators the Federal Reserve should examine so it can better stabilize this particular economy.
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