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Question: From time to time, including but not limited to the 1971-3 experience in the US, wage and price controls have been imposed to reduce inflation. Yet when these controls were eventually lifted, the price index quickly rose to a level that was even higher than would have been the case without controls. Explain why that happened.
you are the manager of a firm that receives revenues of 40000 per year from product x and 70000 per year from product
Consider a region with 2 export products (saxophones and soccer balls) and 2 local goods (haircuts and music concerts). The production of each export good is subject to localization economies, so each city specializes in one export good.
Some lenders charge an up-front fee on a loan, which is added to what the borrower owes. This is typically described as "points".
Did JAL's forward contracts constitute an economic hedge? That is, is it likely that JAL's losses on its forward contracts were offset by currency gains on its operations?
What are your marginal costs for each customer load level? (Chart). If you are compensated $10 per ride, what customer load would you choose? (Essay).
Which of the following correctly describes the relationship between economic efficiency and economic equity?
Identify specific examples of prominent computer hardware and software technological advances in the industry. Discuss two of the following points and apply that to your example. • What is the effect of new technology on firms in the industry in th..
when wal-mart locates in a smaller town often the local retailers e.g. hardware clothing and appliance stores are
Barney has a snow removal business. The price he charges for snow removal is $10 for each driveway. He clears 20 driveways during the week.
What is the current rate of unemployment (See bls.gov and indicate the month you are reporting)?
Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
What is comparative advantage and how does it affect a nation's expoarts and imports? Explain what the terms of trade are in international trade. What is the exchange rate in international trade
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