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Elucidate wether each of the following evens shifts the short-run aggregare supply curve, the aggragate demand curve both or neither. For each event that does shift, a curve draw a diagram to illustrate the effect on the economy.
a. households decide to save a larger share in their income.
b. Florida oranges groves suffer prolonged period of below freezing temperatures
c. Increased job opportunities overseas cause many people to leave the country
Suppose which the owners of the only gambling casino in Wisconsin spend large sums of money lobbying state government officials to protect their monopoly of gambling.
What would be ultimate impact on the equilibrium price also quantity in the market for oak tables if the price of maple tables.
Explain how difficulty will it be for the owner to plan for this new competitive threat.
What happen if the marginal product of labor is 23, is the firm minimizing cost. What happen if the marginal product of labor is 21, is the firm minimizing cost.
Elucidate how Coldwell Banker can produce the same output at a lower total cost
Elucidate why is productivity related to the standard of living. In your answer be sure to explain what productivity and standard of living mean. Make a list of things that determine labor productivity.
On the basis of this information, Explain how would you state alcohol also marijuana.
Illustrate what is level of utility the person will attain on a daily basis. Illustrate what will be the average level of utility attained per day during the year.
Elucidate that contract align the incentives of the new vice president with the goals of the owners.
Illustrate what does the theory of purchasing power parity predict will happen to the value of Japanese yen in item of dollars
Suppose you are the manager of a home-building company and the government is considering eliminating the deduct-ability of mortgage payments interest.
Illustrate what is the 95% confidence interval estimate of the population mean examination score if a sample of 200 applications provided a sample mean of Xbar=935
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