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Assuming that the AS curve is horizontal, how will an increase in productivity affect equilibrium GDP and equilibrium price level? Can you explain why as well please?
a. Explain how the withdrawal affects the bank's reserves and checkable deposits. b. By how much will the bank have to reduce its lending?
(Advanced Analysis) Given the following diagrams: Q1 = 20 bags. Q2 = 15 bags. Q3 = 27 bags. The market equilibrium price point b is $45 per bag. The price at point a is $85 and the price at point c is $5 per bag. What is the dollar value of the deadw..
What price should you charge in order to maximize the revenues from sales of model X3? Explain.
Explain and illustrate graphically the effect of the following on the monetary base and the level of reserves. The Fed lends the Bank of America additional $20 million but depositors withdraw $5million. Central bank purchases $30 million of governmen..
Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
q1. the law in ruba says no worker shall be paid less than nine slugs per hour. estimate the quantity of labor supplied
What is the Coca-Cola executive assuming about the price elasticity of demand for Coke? Briefly explain.
q1. like supermarkets full-service department stores like macys are generally in decline. what factors might these
What is the supply curve, how do you apply the law of supply in economics?
the changes that would occur to the jalapeno pepper market if suddenly Mexican food became popular, especially spicy Mexican food.
A CNC mill was purchased 4 years ago for $50,000. The current market value is $26,000, which will decline as follows over the next 5 years: $20,000, $16,250, $14,000, $12,000, and $8500. The O & M costs are estimated to be $6000 this year. These cost..
Explain the national defense, declining industries, and infant industry arguments for protecting a domestic industry form international competition.
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