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Concerned about the political fallout from rising gas prices, the government cuts the tax on gasoline. Use this information to work Problems.
Explain the effect of this tax cut on the price of gasoline and the quantity bought if, at the same time, a global shortage of oil sends the price up.
Choose an emerging market multinational. Conduct some research about where the company raises capital to fund its international growth
Initially, three administrators are trained for each system. Turnover will result in one additional administrator being trained each year. A course day is 8 hours.
How much independence do those banks have? To what extent are their functions and goals similar to those of the U.S. Federal Reserve System?
The table below illustrates values for consumption spending, saving, and planned investment in a closed, private economy. Aggregate Output Consumption Saving Planned Investment Planned Aggregate Unplanned Inventory Change Expenditure (GDP = Y) (C) ..
What is the central economic idea humorously illustrated in Art Buchwald's piece, "Squaring the Economic Circle"? How does the central idea relate to recessions, on the one hand, and vigorous expansions, on the other?
Which of the following monetary policies reduces aggregate demand and output?
The arrival of a new budget airline on the scene.
Suppose the economy is in a short-run equilibrium where Y
Describe market equilibrium under monopolistic competition. Why does the price charged by the typical firm exceed the minimum average cost, even though other firms may enter the market?
2 former students worked in an investment bank at a salary of $60,000 each for 2 years after they graduated. together they saved $50,000. After 2 years, they decided to quit and start a business. they used the $50,000 to buy computer equipment
Sleak Teak builds yard furniture using domestic hardwoods and (in a smaller shop) knick-knacks from the same sort of wood. Although hard woods were readily available in the past, recently they have become harder to botain.
Qd= 100-10P(buyers) Qs= 15P(sellers)Equilibrium Price and Quantity respectively are 4 and 60. Suppose an excise tax of $2.00 per unit is placed on the sale of this good.
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