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In the goods-and-services market actual inventories have started to rise above optimal inventories. What could have happened to autonomous money demand to bring this about? Explain and diagrammatically represent your answer. In doing so, be sure to explain and diagrammatically represent what happens to the rate of interest, investment, and Y. In explaining what happens to Y, be sure to fully explain the equilibrium process in the simple Keynesian model.
The weekly sales of Volvo's Cross Country station wagons are normally distributed witha mean of 1,000 and standard deviation of 250.
Define explicit costs and implicit cost. Give two examples of each. What is included in an economic profit? what are some explicit an implicit costs of attending college? what about owning a business?
Three zero-coupon bonds with face values of $10,000 are currently selling for the following amounts Bond Years to Maturity Price A 1 $9804 B 2 $9427 C 3 $8978 a. Calculate the total dollar return from buying each bond today and holding it until matur..
"The opportunity cost of attending college is equal to the total of tuition, books, supplies, and other direct education spending."
If the government passes a law requiring sellers of mopeds to send $200 to the government for every moped they sell, then
Tom owns a winery which produces red wines. He is a profit maximizing, pricetaker. The market price for a bottle of red wine is $40. His costs are given by C = 0.1Q^2 + 20Q + 100 where Q represents the number of bottles. How many bottles will he prod..
A company bought a piece of equipment for $250,000. The equipment has a useful life of 10 years. The company is using the seven-year MACRS property class to depreciate the asset for tax purposes. At the end of year 4, the company sold the equipment f..
The Dijon Company’s total variable cost function is: What is the output level where marginal cost is at minimum? What is output level where average variable cost is a minimum?
Consider, an economy, of 2 period households, with a growing population in which each person is endowed with y1 units of consumption when young, and y2 units when old. Draw the feasible set for this economy and hypothetical optimal bundle for this ec..
A New Business Venture must develop a comprehensive business plan to borrow money to get started. companies such as FedEx, Nike, and Rolm Corporation say they did not follow the original plan cosely. Does that mean that developing the plan was a wast..
If a 10% interest rate is appropriate, which is the preferred depreciation method for this profitable corporation?
Beccaria believes society should utilize in creating a just and effective criminal justice system. How are each of these principles utilized in our present
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