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Q. technology is now developing so that road use can be priced by computer. A computer in surface of road picks up a signal from your car and automatically charges you for use of road.
a. Explain how could this technological change contribute to ending bottlenecks and rush hour congestion?
On your graph, label production and consumption of cars and sugar in Home. H. Is trade beneficial to Home and Foreign.
What is the impact of a tax cut in an economy operating under a fixed exchange rate regime on household spending, interest rates.
A bakery would be willing to supply 500 bagels per day at a price of $0.50 each. At a price of $0.80, the bakery would be willing to supply 1,100 bagels. Using the midpoint method, the price elasticity of supply for bagels.
Describe return to an investment in a college education. How would you go about measuring it. How would you decide it is good enough to warrant investment.
Home produced 450 bushels of pears also 1050 cellular phones. This year it produced 450 bushels of pears also 2000 cellular phone.
The following sets of statements contain common errors. Elucidate and identify each error.
Explain how is the activity reflected on the balance on current (BCA) account different from the activity reflected on the capital and financial accounts (BFA).
Jack is in the umbrella making business. The economic cost of each umbrella is $2. Illustrate what are the formulae for both the average economic cost curve and marginal cost curve.
Consider a monopolist informal moneylender and competitive formal creditors who lend to farmers. illustrate what are the interest rates.
then an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right by.
Illustrate what are the factors that affect the supply and demand of the good or service. Who benefits more from a transaction of the good or service, the buyer or the seller. Generally speaking, why do people enter into trade.
Suppose that the price didn't change. Elucidate amount of income that Ms Ramirez has to give up to have the same level of utility as if the price had changed.
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