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Suppose that there are no crowding-out effects and the MPC is .7.
By how much must the government increase expenditures to shift the aggregate demand curve right by $10 billion?
If an incoming freshman nursing student is selected at random, find the following probabilities. (Enter your answers to three decimal places.)
Suppose that economic growth in Mexico suddenly slows, all other things held constant. According to the monetary approach to exchange rates model
What do you consider are the determinants of benefits, costs and risks in international business.
By using clearly labeled AS and AS curves to illustrate your points, discuss the impacts of the following events on the equilibrium price level and equilibrium level of output in the short run. An expansionary fiscal policy with the economy operating..
What monetary police would you recommend to the open market committee to deal with prolonged unemployment of the 8% over a two-year period with inflation rate of 3.5% and why? Construct a model of the Fed`s game plan including tools, operating and in..
In a price-fixing agreement amongst two oligopolists, each seller's best strategy would be to maintain the agreement, as it would leave both of them better off. The smaller the share of the fringe firms in an oligopoly market, the smaller will be the..
The firm's retained earnings total $1.2M. The return on equity is estimated to be 11%. What is the firm's cost of capital:
Identify what kinds of recent trends suggest an erosion of state governing capacity. Share one or more example. What are your thoughts on these changes? Are they for the better or the worse? Support your comments with assigned readings or other theor..
Assuming that a firm is operating under monopolistic competition with many producers and buyers for its product
Compute the MRS for the following utility functions. Based on your results, explain the curvature of indifference curve associated with each function.
The research department of Wilson has discovered a new technology on how to make more durable tennis balls and is considering whether or not to adopt the new technique.
Draw two markets, one for skilled workers and one for unskilled workers. If the number of unskilled workers is rising due to immigration (both legal and illegal) and the demand for skilled workers is rising, what occurs in the two markets?
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