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Q1. When the value of a nation's imports exceeds the value of that nation's exports, the nation is said to have what?
Q2. If planned aggregate expenditure economy can be written as PAE=1000+.9y what is the short run equilibrium level of output in this economy?
This document contains various important questions and their appropriate answers in the subject field of Economics.
the quantity demanded of Cake is 100 slices and the quantity demanded of cheese bread is 100 pieces.
Explain with the concept of optimization and a graph, the circumstances under which a waste site could be made "too clean".
Joe has $16 to spend on Twinkies and Hohos. Twinkies are prices at $1 and Hohos are priced at $2 per pack.
In 2012, Balnur taught music and earned $20,000. She also earned $4,000 by renting out her basement. On January 1, 2013, she quit teaching, stopped renting out her basement, and began to use it as the office for her new Web site design business.
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Given the demand and cost conditions, what price, output and profits result in the short run? What will happen as the firm moves from the short to the long run
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Compare and contrast inflation and deflation. What are some of the damaging effects that each has on an economy.
How could ABC use currency futures to hedge its position and what is the risk of hedging with currency futures.
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