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The demand for bedspreadsis P? = 150-4QD.
The supply of bedspreads is P? = 125+5QS.
What is the equilibrium price of a bedspread and what is the equilibrium quantity of bedspreads??
The equilibrium price is ?$ () a bedspread and the equilibrium quantity is () bedspreads per day.
The U.S. money supply (M1) at the beginning of 2000 was $1,148 billion broken down as follows: $523 billion in currency, $8 billion in traveler's checks, and $616 billion in checking deposits. Suppose the Fed decide to reduce the money supply by incr..
What is the Leontief paradox? Is the current US-CHINA trade war a realisation of it? If not, how should we understand the trade war?
Map out how you think your potential customer goes about making his or her purchase decision for the product/service your venture will market. What are the key internal influences (e.g., motivation) and external influences (e.g., personal influences)..
Explain the formation of the modern nation-state in the West. Why did it happen? How? What were the major forces at work? Where did it develop first and what were/are its characteristics?
Suppose that three risk-neutral bidders are interested in purchasing a Princess Beanie Baby. The bidders (numbered 1 through 3) have valuations of $12, $14, and $16, respectively. Which bidder wins an open-outcry English auction? What are the final ..
If a bank fails, what are the risks for the macroeconomy that do not exist for other businesses?
A bond pays semi annual interest payments of $42.50. What is the coupon rate if the par value is $1,000? You are buying a bond at a quoted price of $892. The bond has a 7.5 percent coupon and pays interest semi annually on February 1 and August 1. Wh..
The simple case of a fixed per-unit tax is indicative of more complicated ones. Consider a proportional sales tax and a progressive sales tax.
Suppose an economy begins in steady state. By what proportion does per capita GDP change in the long run in reponse to each of the following changes? Production function is Y=AK^1/3L^2/3
The 12-month interest rate on dollar-denominated assets (like bank deposits) is 2.00%. The 12-month interest rate on euro-denominated assets is 1.80%. The current spot exchange rate is $1.50 per €. The current forward exchange rate is $1.58 per €. Ex..
An enginnering student has just finished the freshman year andhas received an offer of $20,000 per year in a full-time job, withprospects of salary increasing 3% per year until retirement after33 years. On the basis of economics alone, should the stu..
When the Fed uses monetary policy targets, they cannot use both a money supply target and an interest rate target at the same time because.
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