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Explain why would you expect the inflation rate to accelerate if the actual unemployment rate declined to a level lower than the "full employment" unemployment rate (NAIRU)? Explain your answer in a few sentences. What state of business cycles (such as recession, trough, recovery or boom) does the current US economy face, and why?
American Mining Company is interested in obtaining quick estimates of the supply and demand curves for coal.
Describe current economic crisis growing unemployment which have impact on price elasticity of health care demand.
Explain the science of economics in the presence of making a profit with scarce resources
The economy of a country called Econoland is described by the following desired aggregate expenditure components (all figures in billions of $). For the purposes of this question, the first set of equations will be referred to as fiscal policy1.
Article may originate from the internet however please provide the link to the particular article you are reviewing.
Find out the equilibrium market price. Find out the profits of the leader and the follower
Suppose we have a competitive market for a good with domestic demand and supply given by:
Ignoring transaction price explain how much would a buyer have to pay for one call option contract.
Computer the amount of manufacturing overhead incurred for the month. Suppose all costs are actual. Using actual costing, compute the cost of one unit.
Suppose Q is the quantity demanded for medical care services. The linear industry demand function takes the form.
Expalin how the actions of a mine operator can spend $5 million to free a trapped miner.
Essay on Market imperfection associated with negative externalities.
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