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Some of the factors that affect price of a commodity is inflation, Inflation Rate in the US is an example of macroeconomics concept.
Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car deal..
Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?
Suppose that the black market for Internet providers arises, with internet service providers developing hidden connections. Illustrate the black market for inter access, including the implicit supply schedule, the ceiling price, the black market s..
Describe using a plus for an increase (+), a minus for a decrease (-), and an equal sign for remains the same (=) how each of the following events will affect the consumption function, savings function and investment function. (Use a table like th..
Consider the market for political advertising during an election campaign. The private marginal cost of producing a political advertisement is PMC = 200 + 2q where Q is the quantity of advertisements, and the private marginal benefit (demand) curv..
Develop a 90 percent confidence interval for the population mean. The previous director, in the summary report she prepared as she retired, indicated the mean length of membership was now "almost 10 years." Does the sample information substantiate..
question 1using the aggregate demand - aggregate supply ad-as diagram show how the four economic events would affect
Often it is claimed that banks create money by making loans. How can commercial banks create money? Is the government the only institution that can legally create money?
Explain why does the magnitude of price elasticity differ in a and b above, although the same set of price-quantity combinations are used to compute the price elasticity of demand
An essay on Market imperfection associated with negative externalities.
If supply decreases along a given demand curve. Fiscal policy focuses on manipulating.
A new machine used for filling cans of liquid hairspray can be set for any average fill. If the amount of fill is distributed with a variance of 0.0025 oz.^2, what setting will cause 93% of the cans to contain 12 oz. or less of liquid
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