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In the early 1980s, Brazil's government, through an average inflation rate of 147 percent per year, got only 1.0 percent of output as seignior age, while Sierra Leone's government got 2.4 percent through an inflation rate less than a third as high as Brazil's.
Can you think of differences in financial structure that might partially explain this contrast? (Hint: In Sierra Leone, the ratio of currency to nominal output averaged 7.7 percent; in Brazil, it averaged only 1.4 percent.)
each year a large university collects data on average beginning monthly salaries of its business school graduates. a
Explain oligopoly and perfect competition market structures, and identify the key factors that distinguish them
Elasticity of demand is a measure of the responsiveness of to changes in price. Over time the elasticity of supply for a particular good or service tends to become A tax on a service that has a relatively elastic demand and a relatively inelastic s..
Using the circular flow model (inner-tube), what would be the effect of an increase in exports, assuming that everything else remained unchanged?
Explain what conditions must be true for a restaurant to find it in its best interest to be open for lunch. Which costs are relevant when making the decision to stay open?
Construct a scatterplot. From the plot, does the word linear provide the most effective description of the relationship between x and y? Explain.
Suppose industry abatement costs rise from $850 million in 2011 to $1,000 million in 2012 in nom- inal terms and that the CPI is 100 in 2011 and 106 in 2012. Evaluate the change in costs over the period in real terms, first in 2011 dollars and th..
If you hold shares in a corporation and management decides to plow back the company's earnings some year instead of paying dividends, what are the advantages and disadvantages to you
the fully allocated cost of a product is 10. if the price elasticity of demand for the product is -2 then the firms
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some years ago conservation groups paid cattlemen in the western united states to move their herds away from wild
A gardener can use one of the three brands of fertilizers during the next growing season. The following decision table shows the expected gross income per acre for each fertilizer brand and weather condition for the growing season.
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