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Can we use IS-LM model to explain what happened in the economy in long run? Show how the short run equilibrium adjust when price level adjust to ensure that the economy produces at its natural level.
Cost minimization for a given level of production is equivalent or identical the concept of product maximization for a given cost level. True of False. Explain. Please offer examples and the use of graphs where necessary, and state any assumption(s) ..
List the three reasons Adam Smith offered for reason how a group of workers, each specialized in certain tasks, produce so much more than the same number of workers who try to produce the entire good or services by themselves?
Jim spends all his income on apartment rent, food, clothing, and vacations. He gets a pay raise from $3,000 a month to $4,000 a month. At the same time, airfares and other vacation-related expenses increase by 50 percent. How has Jim’s budget in term..
q1. suppose a consumer has an income of 500 and faces prices px5 and pz10. write the equation for the budget
Media specialists know that receivers engage in selective retention, and thus have to create broadcasts that will linger with impact. Which of these options are true according to the media research about how receivers information from mass media?
An increase in the market price of men's haircuts, from $15per haircut to $25 per haircut, initially causes a local barbershop to have its employees work over time to increase the number of daily haircuts provided from 35 to 45. What is the short-run..
Why does Dupont Corporation fund this effort which has no direct benefit to its profit margin? WILMINGTON, Del., May 20, 2014 – Today, the DuPont Advisory Committee on Agricultural Innovation & Productivity issued an updated progress reporton the glo..
Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign______ investment in the United States.
Indicate whether there will be economies of scale, diseconomies of scale, or constant returns to scale if the facilities are built optimally.
Parikshit’s utility function is given by m+s1/2, where s denotes sushi (with price p in “normalized sushi-units”) and m denotes part of his income (in dollars) he does not spend on sushi. Find his demand function for sushi.
Suppose the demand for honey is given by Q=500-4p. Also, suppose there are 80 honey producers in the market. What is the equilibrium price of honey?
If a stock has expected earnings of 12% and a beta of 1.4 while the market risk premium is 6%, what is the risk free rate (using the SML model)?
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