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Question: Given County A: RGDP $500 and Country B: $50,000
You were then told that County A was growing faster then Country B.
Explain why this does or does not make sense. You should use economics in your justification.
Who benefits and loses from government interventions in markets through price control methods known as price ceilings and price floors
There is absolutely no distinction between equilibrium in the classical model and the model of long-run macroeconomic equilibrium."
Describe two ways in which economists measure the degree of financial market integration (provide a brief explanation for their use).
What is the difference between a movement along and shift of the demand curve? Show the affect on the equilibrium price and quantity that result from:
gm announced that it will close its oshawa truck plant in 2009 and a windsor transmission plant in 2010. ford
Elucidate what would social security payments have been in 2001 if the actual rate of inflation had been used.
What would be the net marginal revenue of the marketing division of the firm for the pocket calculators? At what price should the calculators be sold on the external market?
Because the public can see whether a central bank hits its monetary targets almost immediately, whereas it takes time before the public can see whether an inflation target is achieved
In a Solow Growth model with technological change, if population grows at a 2 percent rate and the efficiency of labour grows at a 3 percent rate, then the steady state total output grows at what percent rate?
First, which warranties can Kwan claim have been violated? Why? Under which law might Kwan be entitled to damages for distress? Why?
Notice that the estimates from (a) and (b) above are different. Why do price elasticity of demand estimates change along the demand curve? What does this estimate imply about the price elasticity of demand of gosum berries?
(Global Crisis) When emerging markets elected to accumulate vast sums of reserves in the 2000s decade, did this create a problem in developed markets?
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