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Determine what impact will an unanticipated rasie in the money supply have on the real interest price, real output, and employment in the short run? How will expansionary monetary policy affect these factors in the long run? Describe your answer.
Assume there are 12 firms in an industry. The percentage of total sales is given in the following table:
Elucidate whether demand for that products and/or services is relatively price elastic or relatively price inelastic and explain why.
The manufacturer of these products has been in business for over 350 years.Your task is to find two more businesses which have also been around for at least over one hundred years.
A philanthropist working to set up a permanent endowment wants to deposit money each year, starting now and making ten more deposits,
Discuss and explain the features of the Danish economy and why the Danes overwhelmingly support globalization and job outsourcing.
Consider the following situations. Evaluate how they would affect the level of productivity of labour.
Use the data below to find out the growth of income per person (over the entire period, not an annual basis) between the two years listed.
Illustrate what can you infer from this data about the rate of labor productivity growth in the US economy during this period.
Differences between Classical and Keynesian views of economy. Explain the situations that led to development and dissemination of Keynesian economic theories.
A monopolist currently charges $50 a unit for the 100,000 units of product it produces and sells every month. An economic analysis has shown that,
What price should DD set to maximize profits? What would output be if DD acted like a perfect competitor and set P = MC?
Find out more about the airline industry. What is the price elasticity of supply for the airline industry.
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